Update docs/liquid/liquid-part3.md

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b0xxer 2024-02-07 08:31:22 -06:00
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@ -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)