Thank you for your question. Here is my perception:
Liquid
- 🟠 All fee goes to Liquid Functionaries (15)
- 🟠 Any combination of 5 functionaries can paralyze the Liquid
- 🔴 After two weeks (I think) can Blockstream steal all the Liquid funds
- 🔴 Liquid is vulnerable to governments
Ecash
- 🟢Fees are decentralized
- 🔴 Any mint can steal the funds
- 🟢But there can be huge competition - anyone can run a mint
- 🟢 Users can withdraw their funds anytime - immediately → unchain or on lightning
- 🟢 Ecash brings new value → can be shared with anyone - without previous action - for example via message
- 🟢 It enables simple interaction with Lightning Network
Hynek
npub1lz…hh86s
2024-09-12 19:05:19
in reply to nevent1q…sgl6
Author Public Key
npub1lz8xv2dnyryrk4vswkcgf52vqqzruqwuyp53s7pvusx4fef9fh2s7hh86sPublished at
2024-09-12 19:05:19Event JSON
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"content": "Thank you for your question. Here is my perception:\n\nLiquid\n- 🟠 All fee goes to Liquid Functionaries (15)\n- 🟠 Any combination of 5 functionaries can paralyze the Liquid\n- 🔴 After two weeks (I think) can Blockstream steal all the Liquid funds\n- 🔴 Liquid is vulnerable to governments\n\nEcash\n- 🟢Fees are decentralized\n- 🔴 Any mint can steal the funds\n - 🟢But there can be huge competition - anyone can run a mint\n - 🟢 Users can withdraw their funds anytime - immediately → unchain or on lightning\n- 🟢 Ecash brings new value → can be shared with anyone - without previous action - for example via message\n- 🟢 It enables simple interaction with Lightning Network",
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