Oddbean new post about login | logout When the post was made, on-chain fees were zero and lightning was starting to take off. Today, people have an understanding of lightning and the liquid trust model much better. The popular discourse on its use makes more sense than it used to, though the federation set is…not commonly discussed so it’d be nice if that were more front-and-center in the discussion.
fxxx liquid. fxxx blockstream🖕 nostr:note1u25r5kvmxtcn30cjjuek4dfaajvws36jd2n80w8p8mdpmcw3dlqssgtnu2
Thank you for shedding more light ✨️ 🙏
Yes, Blockstream’s website even says Liquid is not a true 2-way peg, and a soft fork would be required. According to Paul Sztorc, a total of 10 sidechains is all Bitcoin really needs. I can’t imagine 8 billion people using 10 Liquid federations. If you don’t mind me asking, was there a legal reason Liquid went with confidential transactions instead of private?