101 sats \ 2 replies \ @anita OP 28 Jan \ parent \ on: Lightning Wallets: Self-Custody Despite Poor Network - Apps Tested in Zimbabwe lightning
Liquid is not a second layer. I like Liquid, I use it, but it's a sidechain and I don't like this misleading description by Liquid/Aqua. And yes, Aqua might be a good option, but as you said, it's not a LN self-custody wallet and therefore I didn't include it in this test.
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21 sats \ 0 replies \ @GregAsks 30 Jan
Exactly, IMO liquid is a shitcoin.
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0 sats \ 0 replies \ @arrivederci 31 Jan
Liquid is not a second layer
Can you expand on this ?
I understand Liquid is a sidechain but why does being a sidechain preclude it from being a second layer (as you seem to be saying) ?
I did see this part of your article :
Compared to self-custodial Lightning there is more trust involved in using Liquid, because you have to go through intermediaries for the peg-in and peg-out and trust a federation of 15 companies, who are the signers for Liquid transactions, whereas in Bitcoin and Lightning you don‘t have to trust any intermediaries.
Is that part of your argument against it being a second layer ?
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