Or liquid for that matter. Which is a different Blockchain but all tx on liquid would not exist unless Bitcoin existed plus it's just as private as Monero and requires less trust in the token and hold the same purchase power as BTC... nostr:nprofile1qqsfy229w70e8lgtxavlz9t78k06yrel6fxyhreteafqet8kfxhhwmg2c6av2 It also has covenants and shitcoinz on top. Which is good for tokenized tradfi and integrating Bitcoin with our current financial landscape.
Liquid is a fucking ghost town
so no. it is not "just as private as Monero"
even if it DID protect sender and receiver.
which is doesn't.
so just admit already you don't need strong privacy yourself,
haven't researched how to have strong privacy online
and are just talking through your hat because you think nobody should use anything else than your favorite chain
Honestly, I don't really understand the purpose of Liquid. I've never used it, but it looks like the same thing as Lightning, but without the userbase. Am I missing something?
its a permissioned sidechain that never really found a usecase.
It seems to basically exist for people that don't know any better to say "but you can do it on liquid"
Sounds kinda dumb. Any idea why some wallets are still supporting it?
liquid "just werks" because it's a blockchain and it doesn't use payment channel technology at all. aqua wallet "just werks" in that they glued a liquid wallet to a lightning bridge. something like liquid but better will hopefully come along. they can skip the bullshit and just build a permissionless bitcoin sidechain or rollup. people would use that because it wouldn't have the routing or liquidity problems that lightning has.
Is there any meaningful difference in functionality between Liquid and Lightning? Or is Liquid basically GoBots to Lightning's Transformers?
in contrast to LN its an actual blockchain with 1min blocks
you swap your BTC in for L-BTC and the the advantages of that shitcoin
and can (theoretically) swap out whenever you like
but really it requires the Liquid Federations approval to get your BTC back
Did they have a specific use case in mind when they developed it? With Lightning, it's clear the intent was to facilitate fast, small-value Bitcoin transactions to make using Bitcoin as a functional currency easier and quicker. I'm just curious if there was some vision behind the design.
I use Bitcoin on chain pseudonomously when I need privacy. Still working for Satoshi.
see, you change the subject disingenuously because you can't talk about specifics intelligently.
I didn't change any subjects... But okay
on all these threads you change the subject whenever someone refutes you bro
like when i say
"Liquid is a ghost town and therefore cannot offer good privacy guarantees "
and you say
"i use onchain Bitcoin privately all the time"
it is a non sequitur fallacy.
ie, responding to something other than what was stated.
otherwise called "changing the subject".
Hanzan, this guy isn't worth your time. What are the odds he didn't even use Whirlpool when it was available?
I dont have any ideas I'm going to convince any if these characters
but i do feel its never a mistake to put accurate information out there.
if only for the lurkers who are maybe not informed
