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100 sats \ 2 replies \ @Anonomoto OP 26 Dec 2023 \ parent \ on: Pegging Bitcoin bitcoin
Another positive when pegging out is that you get one large UTXO sent to cold storage vs multiple smaller UTXOs that will be expensive to transact in the future.
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0 sats \ 1 reply \ @Jackriddles 26 Dec 2023
I suspect this works out pretty well for pegging in kyc and pegging out to a fresh address unknowingly right? I need to look more into this, but if I'm understanding liquid correctly, it's impossible to trace and seems like a more viable option than coinjoin to lose track of kyc coins
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0 sats \ 0 replies \ @Anonomoto OP 26 Dec 2023
The amounts used in Liquid transactions are private, but the addresses used are visible.
But maybe using something like Sideswap on Liquid once pegged-in breaks that chain. I don't know, but I would love an answer too.
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