Battosai on Nostr: Your take on Liquid is misinformed and contain half-truths. Liquid functionaries are ...
Your take on Liquid is misinformed and contain half-truths.
Liquid functionaries are publicly known, they can be added with their contribution to the network. Current tally is 15, following a recent addition (http://blog.liquid.net/nym-joins-the-%E2%80%A6)
Liquid is open source and fully auditable on the mempool (npub18d4…6lt3) so it's not accurate to say we're just taking Blockstream (npub1jg5…6n8n) word for it.
On traceability, while all transactions can be viewed via their transaction ID, only the parties involved and those with the blinding key can see the asset type & amount transacted. Even Liquid members or functionaries can't break the cryptography of Liquid’s Confidential Transactions. Therefore, claims that Liquid is fully traceable are misleading.
But it's a free market, and you're free to choose the solution you prefer. I encourage you to look into Liquid without being intellectually dishonest.
Liquid functionaries are publicly known, they can be added with their contribution to the network. Current tally is 15, following a recent addition (http://blog.liquid.net/nym-joins-the-%E2%80%A6)
Liquid is open source and fully auditable on the mempool (npub18d4…6lt3) so it's not accurate to say we're just taking Blockstream (npub1jg5…6n8n) word for it.
On traceability, while all transactions can be viewed via their transaction ID, only the parties involved and those with the blinding key can see the asset type & amount transacted. Even Liquid members or functionaries can't break the cryptography of Liquid’s Confidential Transactions. Therefore, claims that Liquid is fully traceable are misleading.
But it's a free market, and you're free to choose the solution you prefer. I encourage you to look into Liquid without being intellectually dishonest.