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104 sats \ 1 reply \ @billytheked 7h \ on: Liquid Network Staged Recovery Update bitcoin bitdevs

I thought a peg out was faiap a swap.

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59 sats \ 0 replies \ @Scoresby OP 6h

My understanding of a peg-out transaction is that the L-BTC actually gets burned, whereas in a swap, the L-BTC is traded to another party in exchange for BTC or sats on lightning.

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