How are sidechains trustless?
How are sidechains not just another form of custody?
Not your keys, not your coins. Period. TINA.
Discussion
Yeah I don't see how liquid is a good idea at all, but maybe I'm just not understanding correctly?
Who said they are trustless? And you can hold your own keys on Liquid the same way you can on the main chain.
I guess I don't understand then. Reading the docs, they have like a guiding council of functionaries" that must approve pegging out (which I believe means swapping back from L-BTC to BTC ...but maybe I'm just dumb?).