The Bitcoin behind liquid BTC goes into a multi sig.
The Bitcoin still exists & it's still spendable.
There are a few ways that a UTxO can become unspendable, but the UTxO will still exist.
Brisket
npub1jm…p6xcq
2023-09-24 02:43:29
in reply to nevent1q…df8u
Author Public Key
npub1jmy8weweqzckna0amz7pn0uhhkxx693l7st23829ewmu43yvjsesfp6xcqPublished at
2023-09-24 02:43:29Event JSON
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"created_at": 1695523409,
"kind": 1,
"tags": [
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"content": "The Bitcoin behind liquid BTC goes into a multi sig.\n\nThe Bitcoin still exists \u0026 it's still spendable.\n\nThere are a few ways that a UTxO can become unspendable, but the UTxO will still exist.",
"sig": "242cb9123843b91ab8d30ff5fe36377bf6d3fa5af7245dc7b0e1b5e2d1e2057e1c4392c28daa8bc455fd67825d272f71637122b56229de34f59e262121206856"
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