pull down to refresh
0 sats \ 5 replies \ @pakovm OP 21 Apr \ parent \ on: Look at this sh*t somebody tried to sell me as a scaling solution for Bitcoin bitcoin
You can do the same (except for Boltz swaps) with any other centralized shitcoin, what's the difference with Liquid and them? Blockstream being more trustworthy than shitcoin companies? That's not enough for me, I don't want to have to trust them at all.
Good thing is that you're not forced to use Liquid, so you can safely totally ignore it.
It will be good once Ark/Mercury get released and battle-tested. However even there you should be cognizant that these are not purely "trustless" solutions either.
For that matter, even in LN there are still trust issues - if you are not always online or hiring a watchtower your funds can be theoretically be stolen. Moreover you can also wind up without the ability to exit because of economic/fee reasons.
Again its all a series of tradeoffs.
reply
Looks like nobody is using Liquid
Sound familiar? Read your post , last paragraph
reply
Check Liquid's mempool yourself, there's isn't harder evidence than that.
reply
👏👏👏
You clearly have a personal vendetta against Liquid
reply
I don't wanna see people falling for it, we will lose another BTC epoch bikesheding and developing non-solutions if people start falling for the narrative that Liquid is a Layer 2 when it clearly isn't.
reply