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/biz/ - Business & Finance

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File: 242 KB, 596x755, liquid.png [View same] [iqdb] [saucenao] [google]
11658559 No.11658559 [Reply] [Original]

This is it boys
https://github.com/Blockstream/liquid/releases

>> No.11658572

>Instead of facing long and unpredictable confirmation times when transferring bitcoin between accounts, Liquid transactions are fully completed in two minutes. Confidential Transactions technology allows trades to be completed in private, preventing the front-running of large orders.

This sounds great, so what's the catch?

>> No.11658586
File: 378 KB, 900x900, DpG1MBdUcAAYH7o.png [View same] [iqdb] [saucenao] [google]
11658586

Fucking bullish.

>> No.11658611
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11658611

>>11658559

>> No.11658741
File: 23 KB, 300x289, 1540173993863.jpg [View same] [iqdb] [saucenao] [google]
11658741

>tfw. liquid is the real catalyst for the bull run.

>> No.11658795

>>11658559
>blue wave emoji

I'm so glad I'm a cashie, jfc.

>> No.11658815

It has always been open source. It's based on their elements project which is years old.
The liquid github is literally a fork of elements.

>>11658572
It's for traders. It's federated (no miners) by exchanges, otc trading desks and wallet providers like xapo.
So the catch is that liquid only makes sense if you already trust an exchange or multiple exchanges (when sending funds between them). The pegout is only possible to cold wallets of the liquid members, for security reasons.

I'm pretty hyped about it, but you have to understand the security model here.
Hold your own keys on liquid with fast, private deposits and the ability to audit the peg with your own node > holding btc on an exchange
Moving btc from exchange A to B via liquid in 2 minutes> moving btc between exchanges via mainchain transaction
For everything else, liquid makes no sense.

>> No.11658831

>>11658559
only so how do i invest in this?

>> No.11658864

>>11658815
>literally banking

>> No.11658889

>>11658864
Yeah and centralized exchanges with no way to audit them are great. Stay cucked with your coinex.

>> No.11659044

>>11658741
>they believed the routing fud
You guys didn't seriously listen to a bunch of schizo incel cashies did you??

>> No.11659667

Liquid block explorer
https://blockstream.info/liquid/block/fadca055e9d7e193f877e622298d27163ccf7b855260fc5bb7c7075c0607cf81

>> No.11659707
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11659707

>>11658831
buy bch
partake in the hashwar

>> No.11659736

>just open a node and you're set!
>4 hours of troubleshooting later
https://www.youtube.com/watch?v=DLWkOqo0Tak

>> No.11659758

QASH price prediction? I have hodled this token with an iron grip.

>> No.11659768

>>11659758
Wrong liquid, anon

>> No.11659790

>>11659768
Fuuuuuark! I fucking hate qash so much

>> No.11659836

there will only ever be 21 million Lbtc
just trust us

>> No.11659857
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11659857

>>11658864
YOU STILL DON'T GET IT, DO YOU?

>> No.11659898

>>11658815
it's for arbitrage?

>> No.11660436

>>11659857
/ourguy/ for posting at real nigga hours
but this is faggotry

>> No.11660577
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11660577

>>11658559
>open sourced

>> No.11660657

>>11659898
Pretty much.