Replying to Avatar Cyph3rp9nk

Are you prepared for a high chain fee environment?

Liquid has been undervalued for a long time, here are the advantages:

- You forget about incoming liquidity problems.

- Confidential transactions

- Used in the same way as bitcoin, you forget about being "online".

- No known security flaws.

- Possibility of cold storage.

As disadvantages:

- It is federated, even so it is much more secure than an exchange or a lightning custody wallet, and if you use cold storage it is more secure than a hot wallet.

- In terms of scalability it is not a panacea either, it is just that now few people use it and that is why it is viable.

Some blockstream people advocate moving the ordinals to Liquid but if we do that then it will be Liquid who will suffer a high fee environment...and it will be Liquid functionaries who will earn that money in fees.

In short, it pays to know how to use and move in Liquid as well as Lightning to successfully deal with a high fee environment, but neither is a panacea.

Liquid is simpler to use than Lightning and has fewer bugs, has good privacy for both the receiver and the sender from an outside observer, on the other hand Liquid is federated and is not as scalable as Lightning.

And one of the points why I think Ligthning has had more adoption, is that with lightning you work directly with Bitcoin, it's not a sidechain, with Liquid you work with a token until you do the pegout, it's a sidechain.

That said, you need to use both, right now we don't have anything else.

If a swap from liquid to lightning was possible it would be great, one could buy l-btc, transact l-btc or swap to LN without touching base layer.

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This has been possible for some time now :)

https://boltz.exchange/swap

Must try it, but it would be nice to have the option included on green wallet or something.

I'm hoping to see #SideSwap (sideswap.io) build it into their app. Maybe with #boltz apis.

Hi. You can swap from liquid to lighting with Boltz.

https://boltz.exchange/

As well as Coinos classic.

https://classic.coinos.io/login