Liquid is not bad for a federation approach. But it, and things like Fedimint and Cashu are all constrained by an incompatibility across instances. Even more problematic are solutions like Ark and Drive Chain that lead to centralization
Hypothetical: we get rid of lightning. What would be a better l2 architecture or even l1?
Maybe nostr:npub180cvv07tjdrrgpa0j7j7tmnyl2yr6yr7l8j4s3evf6u64th6gkwsyjh6w6 has ideas 💡
Liquid is not bad for a federation approach. But it, and things like Fedimint and Cashu are all constrained by an incompatibility across instances. Even more problematic are solutions like Ark and Drive Chain that lead to centralization