Juan 🍁 on Nostr: it's a sidechain that acts very much like bitcoin (UTXO's, etc) where you can peg-in ...
it's a sidechain that acts very much like bitcoin (UTXO's, etc) where you can peg-in / peg-out bitcoin.
1 min block times.
it's federated custody so not trustless, but it does work.
anyways, once you have sats in there, in aqua you can do a swap to peg-out your liquid sats and "turn em back into bitcoin", which is then in your custody.
the same seedphrase in aqua is used for both liquid and bitcoin.
Published at
2024-10-02 13:48:04Event JSON
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"content": "it's a sidechain that acts very much like bitcoin (UTXO's, etc) where you can peg-in / peg-out bitcoin.\n\n1 min block times.\n\nit's federated custody so not trustless, but it does work. \n\nanyways, once you have sats in there, in aqua you can do a swap to peg-out your liquid sats and \"turn em back into bitcoin\", which is then in your custody. \n\nthe same seedphrase in aqua is used for both liquid and bitcoin. \n",
"sig": "c70081577663094adaeb4bace6800963c376f293b78a05afd27066dcf52b617101ca4681b8d3a5fe1f54d84fca7e55bca6bf60fc8f702db13c882db50ed1039a"
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