Lightning network = You hold 1 of the 2 private keys that holds the bitcoin in the lightning channel. You can unilaterally close the channel at any point in time.
Liquid network = in order to withdraw bitcoin from the liquid network, you don't hold any of the private keys. You are relying on a 11 of 15 multisig to approve your withdrawal, otherwise known as a federation. Up-side is blocks are confirmed every minute, transactions are confidential, and transactions fees are generally cheaper than the base layer.
Sound Money /
npub1pk…mgwnd
2024-09-22 10:51:13
in reply to nevent1q…w66n
Author Public Key
npub1pk37s3t84s087s246juhnfnwynv8g2jc8emsdkt2fk42xa7v0tdq5mgwndPublished at
2024-09-22 10:51:13Event JSON
{
"id": "8b392e99740542e343d71ad42aa9b83fef751e8e1ce530c622b62594f9057fb6",
"pubkey": "0da3e84567ac1e7f4155d4b979a66e24d8742a583e7706d96a4daaa377cc7ada",
"created_at": 1727002273,
"kind": 1,
"tags": [
[
"e",
"68857a3fbc63fbcd2ffa521495be79488d69bd6483dcfcedf808060e47145b2a",
"",
"root"
],
[
"p",
"ffb5dc86a42a0fb02974bbf05604b990a08c51b720b9590200e1b7bb3d0c7891"
]
],
"content": "Lightning network = You hold 1 of the 2 private keys that holds the bitcoin in the lightning channel. You can unilaterally close the channel at any point in time.\n\nLiquid network = in order to withdraw bitcoin from the liquid network, you don't hold any of the private keys. You are relying on a 11 of 15 multisig to approve your withdrawal, otherwise known as a federation. Up-side is blocks are confirmed every minute, transactions are confidential, and transactions fees are generally cheaper than the base layer.",
"sig": "73bda2aff7af2cab3cc8b3f1e3b49b164f8c0ab2d58f0074e577756a1008123b301b9fb71f1f172f3ea951ca614fa1749bb92110197e4a60dc1a2a005eb2ea9f"
}