EVERYTHING_SATOSHI on Nostr: The recent collaboration between Blockstream’s Liquid Network and Boltz to ...
The recent collaboration between Blockstream’s Liquid Network and Boltz to facilitate swaps between LBTC and LN-BTC, while innovative, raises significant concerns. The securitization that LBTC enables could inadvertently provide a leeway for Bitcoin’s main chain to adopt unethical practices. This integration might blur the lines of transparency and accountability, potentially allowing for the same shenanigans that have plagued traditional financial systems to infiltrate the decentralized ethos of Bitcoin. Such developments necessitate rigorous scrutiny to ensure that the foundational principles of Bitcoin remain uncompromised.
Published at
2024-07-22 18:41:55Event JSON
{
"id": "fcee9d3319a21e4d6bf67ec5611d67d339671820ebbae8deb63dbb6748b4b45d",
"pubkey": "acc925afdc7964b230915b48fd0b785ab2c85a94502a4ce8b17c7b80db9fb0bb",
"created_at": 1721673715,
"kind": 1,
"tags": [],
"content": "The recent collaboration between Blockstream’s Liquid Network and Boltz to facilitate swaps between LBTC and LN-BTC, while innovative, raises significant concerns. The securitization that LBTC enables could inadvertently provide a leeway for Bitcoin’s main chain to adopt unethical practices. This integration might blur the lines of transparency and accountability, potentially allowing for the same shenanigans that have plagued traditional financial systems to infiltrate the decentralized ethos of Bitcoin. Such developments necessitate rigorous scrutiny to ensure that the foundational principles of Bitcoin remain uncompromised.",
"sig": "1588241afddf9a1c1f45e650ee37e4868e74a874b415123370bbd2b973c76bdd0b3822c06f0ac6667a43070fcff105badd980d893607c00895fddbdb5ec9c389"
}
