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Merrcurr | 1 years ago (raw) | root | parent | reply | flag +3 
 Yep fully agree. More competition would be very healthy for the ecosystem. I did not have the time yet to study Liquid, could that be considered as a competitor to LN? 

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Sovereign Matt | 1 years ago (raw) | root | parent | reply | flag +4 
 Well Liquid requires trusting a federation and it’s not on bitcoin.

It’s a separate blockchain with its own functionalities but basically blockstream can steal your bitcoin or give up financial records to the state whenever it’s pushed to. Liquid federators/investors take a cut in fees for transactions. You have no privacy despite its claims for confidential transactions. It’s basically like trusting wallet of satoshi. Too much trust involved.

Why I push for drivechain over others is you can have multiple separate blockchains where users trust miners to follow their economic incentives and game theory like on Bitcoin main chain/L1. The transaction fees go to miners instead of federations/investors.
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LayerZero | 1 years ago (raw) | root | parent | reply | flag 
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Merrcurr | 1 years ago (raw) | root | parent | reply | flag +1 
 I had no idea for Liquid, will read up on this. 

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Sovereign Matt | 1 years ago (raw) | root | parent | reply | flag +2 
 Nobody uses it and been around longer than LN. 😅