From 17f799e2274e1d766b45ea384d63074991541d9b Mon Sep 17 00:00:00 2001 From: b0xxer Date: Wed, 7 Feb 2024 08:31:22 -0600 Subject: [PATCH] Update docs/liquid/liquid-part3.md --- docs/liquid/liquid-part3.md | 8 ++------ 1 file changed, 2 insertions(+), 6 deletions(-) diff --git a/docs/liquid/liquid-part3.md b/docs/liquid/liquid-part3.md index 2c0c602..1cdc668 100644 --- a/docs/liquid/liquid-part3.md +++ b/docs/liquid/liquid-part3.md @@ -122,9 +122,7 @@ A full demo of the security features would require their own DeepDive (hint hint What if you have no interest in issuing assets on Liquid, can it still be useful? -Yes. The integration of Liquid with Lightning is a hot topic these days. There are multiple different services using this approach as a way to reduce fees for channel opening and rebalancing. - -Probably one of the best ways to do that is to use it as a *staging area* for opening Lightning channels. This approach is what the new breed of wallets from Blockstream Green and AQUA are doing. They are seemlessly combining Liquid-BTC-LN into a unified solution. +Yes. The integration of Liquid with Lightning is a hot topic these days. There are multiple different services using this approach as a way to reduce fees for channel opening and rebalancing. This approach is what the new breed of wallets from Blockstream Green and AQUA are doing. They are seemlessly combining Liquid-BTC-LN into a unified solution. A summary of the pain points in setting up LN channels currently are: * High fees to open / close @@ -155,8 +153,6 @@ By using Liquid we can reduce these fees drastically: You can see that it is *much cheaper* to use L-BTC. In fact its so cheap that its fine to open 25,000 sat channels...thus keeping our hot-wallet exposure risk quite low. (The above was calculated using boltz.exchange) -The ability to open **small + cheap channels** really changes the game. You can choose to keep your funds safely in Liquid UTXOs and then deploy into LN as needed. - [BTCSessions did a great video/review](https://www.youtube.com/watch?v=5kNMJd-Ts2c) of how to use Liquid as a way to very cheaply manage LN channels. Check it out, because its a great review! ## Pegging Out @@ -166,7 +162,7 @@ There are a few different solutions for peg-out, sadly all require a 3rd party, * Use a CEX (Bitfinex, Bull Bitcoin, Btcturk, BTSE) * Bisq (defi) * TDEX (defi) -* sideswap.io (defi) +* sideswap.io (atomic swap) * boltz (if you want to go from Liquid to LN) * Use a wallet that integrates to one of the above (AQUA)