100 sats \ 2 replies \ @k00b 3 Nov 2022 \ on: Fuji Money AMA bitcoin
What's your best argument for building financial products on Liquid vs alternatives?
To build trust-minimized offering that can scale globally, you need to be able to offer non-custodial services, and having a chain with covenants capabilities helps a lot.
At the moment the only alternative may be using altcoin chains or other sidechains such as RSK.
The main argument in favor of Elements (ie. Liquid) vs RSK is that is a Bitcoin Core and you are using Bitcoin tech instead of Ethereum tech like RSK
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Taproot enables new possibilities without sacrificing anything, it just takes time to get there. Check the Taproot block for an alien clue.
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