151 sats \ 7 replies \ @demitasse 27 Sep 2022 \ on: Bitmatrix AMA 🌊 bitcoin
why liquid? literally nobody uses it
I think bitcoiners are scared of layer2 and most Maxi's haven't even tried liquid (many haven't used lightning) .
When these tools are more prevalent they'll be used.
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tbh, I have never used liquid, but I have used lightning quite a bit
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I've been trying liquid AMMs for years but there is simply no liquidity available, unless your size is not size.
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What other AMM has actually existed in liquid? This is the first as far as I know.
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https://dev.tdex.network is off-chain atomic swap protocol, which has AMM as pricing strategy if you want to replicate the no-price feed model
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When building financial applications, you have two alternatives; EVM or the UTXO model. Within the UTXO options, Bitcoin is intentionally kept simple, and Cardano is a joke, leaving us Liquid, which has advanced scripting primitives, first-class asset support, and confidential transactions. We see that historically everything humanity has accomplished is built on layers, and we believe that the stateless nature of the UTXO model is superior to the stateful design of the EVM model in every way possible. My thesis is that Bitcoin's multi-layered approach is the most solid foundation for building the next generation of financial applications on a large scale.
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stateless nature of the UTXO model is superior to the stateful design of the EVM model in every way possible
How so?
EDIT: I see this answer.
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