10 sats \ 1 reply \ @Relight_Motion 3 Jan 2023 \ on: Happy Proof of Keys Day (n other random things about Bitcoin) bitcoin
The Liquid Network sounds intriguing, I gotta look into that. Is it analogous to Taro protocol on Lightning Network?
It's a sidechain, created by Blockstream that came out a couple of years prior to the LN. It is more centralized, but faster, cheaper, and more private. You can peg in or out 1:1 with Bitcoin into Liquid Bitcoin. Once in L-BTC, there are DEXs that trade assets like stablecoins and other tokens.
Here's a 3min video if you're interested:
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