Timechain on Nostr: Samson Mow spoke at Nostrica and mentioned January 3's work with their Aqua wallet ...
Samson Mow spoke at Nostrica and mentioned January 3's work with their Aqua wallet which features Bitcoin along with Liquid Bitcoin and Liquid USDT. He refers to Liquid as 'basically ecash.' Interesting. Now of course there are some differences...
Liquid offers Confidential Transactions which hides the amount as well as the asset type. However, the sender and receiver are visible on a bitcoin-style blockchain, unlike ecash.
I do like however how the member's of Liquid's multisig federation is geographically distributed to reduce nation state pressure.
I also like how they are established businesses with skin in the game.
Finally, while ecash offers near-perfect privacy, it has no audibility. This allows for mints to inflate at will, unlike Liquid.
So, they both have their differences. Truthfully, if we are talking about large amounts of money, the fact that you can be sure there is no fractional reserve-ing is pretty important.
I do, however see the privacy gain benefits ecash offers for spending. As far as products in the Bitcoin-space go, Chaumian E-Cash promises better privacy than anything else.
Liquid offers Confidential Transactions which hides the amount as well as the asset type. However, the sender and receiver are visible on a bitcoin-style blockchain, unlike ecash.
I do like however how the member's of Liquid's multisig federation is geographically distributed to reduce nation state pressure.
I also like how they are established businesses with skin in the game.
Finally, while ecash offers near-perfect privacy, it has no audibility. This allows for mints to inflate at will, unlike Liquid.
So, they both have their differences. Truthfully, if we are talking about large amounts of money, the fact that you can be sure there is no fractional reserve-ing is pretty important.
I do, however see the privacy gain benefits ecash offers for spending. As far as products in the Bitcoin-space go, Chaumian E-Cash promises better privacy than anything else.