bitcoin

Pegging Bitcoin

Anonomoto

The author discusses navigating high transaction fees by utilizing the Liquid Network via Lightning for pegging Bitcoin, emphasizing the avoidance of leaving funds on exchanges. They also share their experience with pegged R-BTC on RSK, acknowledging the associated risks. The reflection extends to the future, questioning whether pegging across Bitcoin tokenized sidechains will become commonplace. Concerns about cost hindering onboarding for the next billion users are raised, concluding with a query on minimizing transaction costs without operating a Lightning node.