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In this video, I discuss how the Liquid Network works, as well as the trade-offs and differences between the Liquid Network, the Lightning Network, and on-chain Bitcoin.
The Liquid Network is a sidechain (or layer 2) pegged to Bitcoin, offering its own version of BTC called L-BTC.
While Liquid offers much lower transaction fees than on-chain Bitcoin, as well as confidential transactions, it has not seen much usage so far. This may change as on-chain transaction fees increase, and more people as a result want to move between on-chain, Liquid, and Lightning.
We will cover the Aqua Wallet, which does just that, in a later video.
Not investment advice! Consult a financial advisor.
Liquid Network:
https://blockstream.com/liquid/
Liquid Network dashboard:
https://liquid.network/
What is the Liquid Federation?
https://help.blockstream.com/hc/en-us/articles/900003013143-What-is-the-Liquid-Federation
Liquid technical overview:
https://docs.liquid.net/docs/technical-overview
How to run a Liquid node:
https://help.blockstream.com/hc/en-us/articles/900002026026-How-do-I-set-up-a-Liquid-node
Bitcoin on-chain block explorer:
https://mempool.space/
Aqua Wallet:
https://aquawallet.io/
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#Liquid
#Lightning
Disclaimer
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