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1605 sats \ 0 replies \ @lightcoin 7 May 2023 \ on: Expanding the Lightning network to serve billions - a quick win strategy bitcoin
Liquid is not centralized, it is federated, there is a subtle but important difference.
Could also use statechains for this purpose (e.g. Mercury). The main benefit of Mercury over Liquid is that Mercury has a unilateral exit mechanism, making it a "true" layer 2 protocol (imo).
Overall I agree with the author's proposed approach and have been suggesting the same for a while.