Under the high-fee market, there has been a renewed interest in second layers, resulting in an increased usage and adoption of Liquid 🌊. Many are now leveraging Liquid’s cheap fees and faster one-minute block times to stack cheap sats and HODL in the mid-term, using it as a
The new ⚡Lightning<>Liquid🌊 atomic swap service from
@Boltzhq
is live! Quickly and cheaply rebalance Lightning channels with Liquid or stack sats via L-BTC to avoid high mainchain fees.
Start swapping now:
Read about Boltz's decision to integrate
As of today, Liquid's functionary source code is free and open-source to the public. The release allows anyone to audit the code that runs the functionaries and to create their own Liquid-like network with Confidential Transactions and asset issuance.
#Bitcoin
capacity on Liquid 🌊 has reached a record high, mirroring the ATH set on Lightning⚡️today, for a combined total of 8,796 BTC on Bitcoin's second layer.
What a way to start the new year! 📈
Taproot and new additional opcodes are now active on the
#LiquidNetwork
as of block 1663200, opening the door for covenants, AMMs, and other exciting use cases. 🌱🌊⛓️
In a first for the film industry & the
#LiquidNetwork
, the sci-fi feature film
@silhouettesnft
will issue tickets as non-fungible tokens (
#NFTs
) on Liquid using the
#LNFT
platform, pioneering what may revolutionize the film industry. 🎟️📽️
How is Bitcoin scaling?
Our new article compares two different, but complementary, layer-2 solutions for Bitcoin: the Lightning Network and the Liquid Network.
Here's a brief summary of their differences👇🧵
The BTC bridged to the
#LiquidNetwork
has hit another all-time high, surpassing 4,000 BTC in the last few days, and is fast approaching the current Lightning capacity of approximately 4,900 BTC.
#Bitcoin
's second layers are growing and hyperbitcoinization is nigh!
MEGATHREAD: Building on Liquid
Liquid is a
#Bitcoin
sidechain built for traders & exchanges & includes new tech not available on Bitcoin.
Learn about the new tools, libraries, webinars, tutorials, projects, & tech being built for the
#LiquidNetwork
. 🌊
@jurbed
@BTC_LN
@Liquid_BTC
@Snyke
actually was chatting with
@Snyke
and that was his comment as well, even simpler: can just route over the union of BTC/LN and L-BTC/LN both gossip networks.
The Lightning ⚡️ and Liquid 🌊 networks are different but complementary L2 solutions expanding
#Bitcoin
use cases and accessibility.
In an increasingly hyperbitcoinized world, it's important to understand the trade-offs of each layer-2 and how you should ideally apply them to
One of the areas we'd like to explore is getting Liquid
#Bitcoin
(L-BTC) listed on a US-based exchange—the first exchange to do so would have a first-mover advantage, and we believe, with plenty of demand, as it's been a long-time request from users.
L-BTC is currently listed on
So, anon, you finally got some L-BTC. Now what? 🌊 A long tweet on how to begin exploring Bitcoin's financial layer. ✍️👇
After bridging to Liquid via mainchain or Lightning ⚡️, in addition to greater
#Bitcoin
confidentiality, lower fees, and one-minute block times, you can
As Bitcoiners, we'd like to see the majority of stablecoin usage migrate to Bitcoin's second layers and Liquid, away from altcoins with backward incentives and design flaws. With the support of the Bitcoin community, we have had some traction in this regard, including the
Liquid APIs are super simple, it's basically almost the same as
#bitcoin
core + few more params (IE. To define the asset etc)
Any Bitcoin exchange can support it quickly
Exploring
#Bitcoin
& Layer-2's strengths & trade-offs.
→ Bitcoin boasts security, yet it trades off speed.
→ Liquid has better privacy but is not as decentralized as Bitcoin.
→ Lightning zips transactions, though less ideal for large transfers.
Each excels with unique
We are excited to welcome six new members to the Liquid Federation: Bcademy, Boltz Exchange, Equitas Foundation, JAN3, MAVEN, and Mifiel, bringing the total membership to 67.
#Bitcoin
is the only stable foundation to build on. Platform risk is real, and the
#LiquidNetwork
chose Bitcoin because of its proven track record of stability. 🌊
Inspired by
@RyanTheGentry
's notes on 'platform risk': graphic of the differences between
#bitcoin
and
#ethereum
platforms.
IMO, eth's policy to pull out the foundation is inadvisable - akin to lifting house, replacing foundation vs. adding floors.
@PrestonPysh
@kyletorpey
MEGATHREAD: Intro to the Liquid Network 🌊
Bitcoin is great but, for traders and exchanges, a bit slow.
Liquid, a Bitcoin sidechain, extends and optimizes Bitcoin for traders by enabling fast, confidential transactions.
Here's how that works and why you should use it. ⤵️
We're standing by
@Strike
and looking forward to sharing how layer-2 technologies like Liquid 🌊, alongside Lightning⚡️, can help with global
#Bitcoin
adoption. 🌎
We're clearing the air around Liquid to help you better understand
#Bitcoin
's financial layer. Is Liquid secure? Are funds safe? How decentralized is it? Is it resistant to censorship?
We answer these questions and more in our latest article. 🌊
"Today Daiwa Securities announced a proof of concept bond issuance on the
#Bitcoin
network. Specifically, the tokenized debt was issued on the
#LiquidNetwork
sidechain." 🌊
Liquid received its latest upgrade this past Sunday. Taproot and new opcodes were activated on the world's leading sidechain, enabling all of the benefits of Taproot as well as new use cases made possible by the new opcodes. 🌊🌱⛓️
Two of the most widely used
#Bitcoin
L2 solutions, the
#LightningNetwork
and the Liquid sidechain, are already replacing the legacy banking system & doing so on top of Bitcoin.
Learn the origins of each protocol, their evolution, & what comes next. ⚡️🌊
The new
#Bitcoin
gaming platform
@elixir_launcher
, built by
@SatoshisGames
, is coming soon to iOS and Android. Mobile gamers will soon enjoy stacking sats and earning in-game Liquid NFTs from the convenience of their smartphones. 🎮📱💎🔫
Have you read the
#LiquidNetwork
whitepaper yet? It covers Confidential Transactions, Bulletproofs, zk-STARKS, Simplicity, asset issuance, the federated peg, dynamic federations, and more. 📜🌊
#Bitcoin
#BTC
Ready for a safer way to trade
#Bitcoin
? Discover the Liquid Network, where real-time gross settlement is changing the game,
@Blockstream
CEO Dr.
@adam3us
explains. 👇
We’ve compiled a list of the fastest and easiest ways you can get Liquid
#Bitcoin
(L-BTC) and convert it back to
#BTC
, so you can get started utilizing the innovative features of the
#LiquidNetwork
as soon as possible. 🌊💧
A sufficient number of Liquid Network functionaries have been upgraded and block signing has resumed. Transactions that were delayed are now being included in new blocks.
The Liquid Assets for Wordpress plugin is now production-ready! The free plugin enables online retailers to assign Liquid-based assets to specific products, similar to how a voucher or gift card works. 🌊🎟️
Introducing Elements Academy 🎓, a new instructional video series to help you learn Liquid and the open-source Elements platform it's built on.
🌊 Set up and run a Liquid node
💡 Peg-in yourself
🦄 Use the elements-cli for custom features
⛓️ Create your own Bitcoin sidechain
Check out the new feature from
@mempool
: the
@Liquid_BTC
Audit Tool! 🌊
🔍 Audit the L-BTC in circulation against the Liquid Federation's
#Bitcoin
wallet
📊 View real-time data, including the "Peg-o-Meter," to ensure no debasement.
Transparency in Bitcoin's second layer is
Liquid and Lightning are natural complements. 🌊⚡️
Their atomic swap interoperability and the ability to run Lightning on Liquid, which leverages the strengths of both protocols, opens new alternatives for merchants and payment processors to make seamless bitcoin payments.
Dark horse candidate: Lightning on Liquid ⚡️🌊
- LN<>LQ atomic swaps
- Faster, cheaper, more private than competitors
- Easier LN onboarding and channel mgmt
- USD-denominated channels
- multi-asset channels also possible
The Liquid engineering team will demo the new functionary FOSS code by starting from an empty container to create a federated Liquid-like network in 15 minutes.
As always the workshop is free and open to the public, RSVP 👇
Share this post on Nostr to get zapped and drop your npub in the livestream comments on the day to stack more zaps!
Following up the open-sourcing of its Watchmen and Blocksigner code the
@Liquid_BTC
engineering team is hosting a community discussion on Thursday in the
During the high-fee environment this past week, many users began exploring Liquid as another way to stack sats and save on fees. Swap platforms like
@side_swap
,
@sideshiftai
, and classic
@coinoswallet
were the most popular when moving between
#Bitcoin
and its second layers,
The first Brazilian stablecoin to be issued on Liquid. Users can now swap seamlessly between LBTC and DePix as well as EURx (Euro stable) and USDt (USD stable).
Try it yourself today:
Partnership announcement: DePix (BRL Stablecoin)
SideSwap is thrilled to announce the listing of the BRL stablecoin, DePix, in its Swap Market and Instant Swap offering. Our strategic partnership enables a seamless and direct exchange between the BRL
Liquid Federation member
@hodlhodl
launched a
#Bitcoin
lending platform today, enabling
#BTC
users to find offers to either lend or borrow stablecoins. Loans are available in multiple stablecoin formats, with Liquid Tether $USDt as the default option. 🌊💵
We're thrilled to showcase a series of recent integrations and activations enhancing the
#LiquidNetwork
's capabilities 🌊🚀
Dive into each one of them and keep track of new ones emerging! 👇
Stacking sats and channel rebalancing via Lightning<>Liquid swaps just got even cheaper.
If you aren't using Boltz and LN<>LQ yet in your sats flow, take a few minutes and watch
@BTCsessions
' guide to get up to speed:
Today we are drastically reducing network fees for
@Liquid_BTC
swaps - finally making ⚡micropayments via wallets like
@AquaBitcoin
@MarinaWallet
@BullBitcoin_
or Helm economically viable 🫰
Network fees drop from previously ~400 sats total to ~40 sats total🤯
We need more payment options and marketplaces to add the
#LiquidNetwork
, so Bitcoiners can use the full spectrum of layer-2 technologies to
#GetOnZero
.
Some like
@BtcpayServer
have already made the leap adding Liquid—what others still need to? Help us make a list!
The only DeFi that has any value is blinded DeFi: you can't know what I'm trading, with whom, how much, or when.
Everything up to now has been painful education for all those that didn't understand the above from the outset, and will only live as long as there are new suckers.
The
#LiquidNetwork
isn't just for
#Bitcoin
. Anyone can create assets or tokens on Liquid representing vouchers, in-game items like
@lightnitegame
armor, attested assets like gold coins, security tokens like $EXO, stablecoins like
#USDt
, and more. 🌊💎💵
Liquid is now fully operational. Within hours after encountering a consensus parameter discrepancy, engineers diagnosed, tested, and delivered a patch to functionary operators around the world who deployed the fix. Learn more in our diagnostic report.
8/ The table below shows a summary of the key differences between Lightning & Liquid.
For users wanting to take advantage of the unique properties of both Liquid and Lightning it is possible to build Lightning networks on Liquid, which will allow the sidechain to scale further.
For those now learning about Liquid 🌊 due to the high-fee environment, here are some handy resources to get you started:
Site:
Docs:
Repo:
Blog:
Support:
Tech company
@mifielfirma
has initiated the issuance of more than $200M in digitized promissory notes on the
#LiquidNetwork
to facilitate debt financing between Mexican lenders and global investment banks.
Converting from L-BTC to on-chain
#BTC
is a simple process. A Liquid member signs off on the peg-out, and after two Liquid blocks BTC hits your address on the
#Bitcoin
blockchain. 🌊⛓️
Curious about what skills you need to get started building on Liquid? VP of Product Management at
@Blockstream
Allen Piscitello outlines how similar Liquid is to
#Bitcoin
. 🧑💻
#LiquidNetwork
blocks are generated deterministically every minute. This means traders and institutions can send funds confidently without worrying the next block will take a long time to be mined. 🌊
#Bitcoin
$USDt $BTC
Tokenized on Liquid. 🌊
Bitcoin-based capital markets are happening and will help usher in hyperbitcoinization—many more issuances in the pipeline.
Buy $BTC and HODL.
Bitfinex Securities to facilitate first ever El Salvador tokenised asset raise - $6.25m tokenised digital asset for new hotel at El Salvador International Airport.
Explore investment opportunities with HILSV tokens on Bitfinex Securities.
Discover more:
Liquid is always growing. If your exchange isn't integrated with the
#LiquidNetwork
yet, send them an email or DM them on social media. The
#Bitcoin
must flow. 🌊
We recently partnered with
@getAlby
on a 2.1M sats bounty to build an interoperable
@Liquid_BTC
web wallet with their browser extension. ⚡️🌊
The developer community quickly responded with an "Anser." Read more about Anser from the author below. 👇
* Confidential Transactions & Assets
* 1-minute deterministic blocks
* Atomic swaps
* Lightning support
* Multisig support
* Hardware wallet support
* Simplicity support coming soon
If you're a trader, Liquid was built for you. 🌊
The
#LiquidNetwork
's biggest upgrade to date is activating soon. 6 of 11 functionaries required to activate the DynaFed hard fork are now signaling. Liquid users need to update their Elements nodes to v0.18.1.12 in preparation. 🌊⛓️
Congrats to the
@Blockstream
team. BASIC is just one example of the growing number of assets issued on Liquid.
Whether it's mining instruments like the BMN, tokenized equity
@side_swap
, or promissory notes
@mifielfirma
, we are excited about building
#Bitcoin
capital markets.
Update: The first series of Blockstream ASIC Note (BASIC) has successfully closed! We thank investors for their support in bringing this
#bitcoin
-denominated vehicle to market and are excited about the next steps for those seeking a bitcoin-on-bitcoin return.
In case you missed it, read more about how the newly rereleased
@AquaBitcoin
wallet from
@JAN3com
brings a streamlined
#Bitcoin
layer-2 payments experience to LATAM and other emerging economies with the help of Liquid 🌊 and Lightning⚡️.
TDEX brings decentralized liquidity pools and trustless atomic swaps to the
#LiquidNetwork
. Now traders can swap Liquid assets like
#bitcoin
and
#Tether
on-the-go with
@tdexnetwork
's new iOS and Android mobile apps! 🌊📱⚛️
Did you know you can borrow or lend L-
#BTC
and Liquid
#USDt
using
@hodlhodl
Lend?
Using on-chain
#bitcoin
as collateral and multisig contracts, Lend lets you boost your transactions with 1-minute block times and Confidential Transactions. 🌊
Wanting to dive into the
#LiquidNetwork
?
@Blockstream
published a ton of articles ranging from how it works, to what a peg-in is, what the types of participants in the network are, how
#ConfidentialTransactions
keeps your data private, & more. 🌊🏄♂️
"It's just frictionless finance, and I think this is the future. Removing all of the middlemen, all of the complexity, the fees and everything like that. This is the promise of the tech. It's not dog tokens, it's fixing the financial system." -
@Excellion
🌊
The new
@SpecterWallet
update provides users with an intuitive user interface to easily manage a Liquid full node and create/manage multisig wallets (with HWW support) that can secure L-
#BTC
& other Liquid assets like
#Tether
or
@Raretoshi
#NFTs
. 👻🌊
To keep up with recent growth, the
#LiquidNetwork
is getting a rebrand. We designed the new logo to be a visual representation of the growing Liquid Network, highlighting the advancements and fluidity that Liquid provides. See the new look across all our materials soon. 🌊
Boltz's use of Liquid submarine swaps to offer cheap Lightning channel liquidity to its users is especially useful in a high-fee scenario.
Savings upwards of 95% using the swap feature. Short how-to below. 👇
In our latest post, we go over how 🌊 and ⚡️ are actually complementary technologies. We compare 6 attributes of the two
#Bitcoin
layer-2 networks including payment sizes, on/off ramps, speed, privacy, custody (e.g. cold storage), & trust models.
Curious about Confidential Transactions (CT) on Liquid? 🔐🌊
Our latest article covers the basics, delving into the initial proposal by
@adam3us
on the BitcoinTalk forum, how exactly CT preserves financial privacy, and the math behind the encryption.
Federations are not intended to replace
#Bitcoin
Federations are meant to decentralize custodianship.
Federations can take a single point of failure custodial risk and geographically distribute that amongst potentially up to 100 or more mutually-distrusting network participants.
With seriously low transaction fees, fast settlement, and privacy by default the future of capital markets is going to be on the Liquid Network and the
#LiquidNetwork
is built on
#Bitcoin
Win win.