Is liquid bitcoin different then normal bitcoin. Can someone explain liquid bitcoin to me?
Discussion
#Liquid is a #Bitcoin side chain formed as L2
As #Lightning requires the deposit and blocking of #Bitcoin to generate a parity what is 1 btc = 1 l-btc
Its custody belongs to 15 exchanges and is founded precisely to give quick liquidity for trading and generation of financial derivatives, as well as #Tether as well as stocks and bonds of EL Salvador.
Its Blockchain generates 1-minute blocks. You can have a #Liquid node in your home as well.
Here's a good tutorial... Big hug friend 🫂
So is the value the same wether liquid or not. And can you move between the 2 networks. I'm going to watch this video when I have data. It's very interesting.
Is lightning and liquid connected ?
Not directly, they are different L2 but yes in some exhanges as Boltz, Sideshift or Bitfinex you can swap easily and No KYC.