Yea I think you’re right.
Just skimmed it is another layer 2 solution for bitcoin off chain payments. Doesn’t require channels to be opened and closed, is private and uses vTXOs (virtual UTXOs).
https://www.arkpill.me/deep-dive anyone understand this? Is it all theoretical at this point or is there an implementation yet?
😂 you’d probably be disappointed to meet me in person 🤣
How to operate in a high fee environment:
Level 1 - Lightning Network
Level 2 - Liquid Network (Cold Storage or 2fa multisig)
Level 3 - Bitcoin Cold Storage
Depending on the amount of money we go from level 1 to level 3.
To make the transformation between levels:
LN-BTC to L-BTC (https://liquid.boltz.exchange) (0,1% commission)
L-BTC to BTC (https://sideswap.io) (0,1% commission)
In addition, we gain a lot of privacy in the whole process.
Nice I haven’t played with LBTC in a while is it still like 1 tx per block?
Confessions of an Economic Hitman is a good read on this same topic
Didn’t he announce you could use lightning at a bunch of retailers last conference and that still hasn’t happened did he talk about that? I wonder if it fell through or just delayed.
I was just curious if there were any worthwhile announcements or talks or all hot air?
Thanks any key take aways?
Can someone give me the cliff notes from bitcoin Miami I missed it all?
She looks like she just did a few dabs.
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Introducing trust back into a trustless system. Get the fuck outta here Ledger. nostr:note1fuq6d6tyjq2002s5y3x8jvg5vg9ts35zqdsa937xdva7ewy3zddshy4cy8

