Is there any meaningful difference in functionality between Liquid and Lightning? Or is Liquid basically GoBots to Lightning's Transformers?
Discussion
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.