573 sats \ 6 replies \ @_vnprc 18 Jan \ parent \ on: how is fediment ecash different than tokens? ecash
This is not true. Liquid has a federated custody model.
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36 sats \ 5 replies \ @5centvalentine 18 Jan
Apparently I am not a Liquid expert either. Thanks for correcting me. Can you elaborate who controls the federation in terms of Liquid? Who determines who can peg in or peg out of liquid?
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72 sats \ 4 replies \ @_vnprc 18 Jan
Wow, I didn't realize how large the federation was. 66 companies or institutions. https://liquid.net/
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10 sats \ 3 replies \ @5centvalentine 18 Jan
Yeah, I had no idea all those companies were involved. I still am confused on how each of those member companies interacts with Liquid
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210 sats \ 2 replies \ @TonyGiorgio 18 Jan
The functionaries are actually 15, and 11 out of 15 are required for consensus. The other members are just white listed entities that are allowed to peg out.
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0 sats \ 1 reply \ @030a29f333 18 Jan
I read something about Liquid potentially expanding it beyond 15, is that legit?
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0 sats \ 0 replies \ @TonyGiorgio 18 Jan
No idea, but I think possible since they allow dynamic swapping of members.
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