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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
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUn..
