From 50e300a8b447861e13969fcc9184979b6394471a Mon Sep 17 00:00:00 2001 From: b0xxer Date: Mon, 22 Jan 2024 06:12:15 -0600 Subject: [PATCH] Update docs/liquid/liquid-part1.md --- docs/liquid/liquid-part1.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/docs/liquid/liquid-part1.md b/docs/liquid/liquid-part1.md index 5e5b51c..b1a7331 100644 --- a/docs/liquid/liquid-part1.md +++ b/docs/liquid/liquid-part1.md @@ -28,7 +28,7 @@ Obviously this along with the inclusion of *DynaFed* (a recent addition to the n A key aspect of Liquid is *there is no mining*. The core asset, L-BTC, is only created when BTC pegs-into the network, so unlike Bitcoin, mining is not used to create issuance of new coins. The total amount L-BTC can be verified along with the equivalent amount of BTC, which are held in a public multisig address. This ensures that there is no inflation possible of L-BTC, since it will balance 1:1 with the pegged BTC. -By default, all Liquid transactions use ^^Confidential Transactions^^, so both the type of assets and amounts transacted are hidden, *even to functionaries*. However, Functionaries can still see the from / to addresses involved - they only don't know *what* is being transferred. +By default, all Liquid transactions use *Confidential Transactions*, so both the type of assets and amounts transacted are hidden, *even to functionaries*. However, Functionaries can still see the from / to addresses involved - they only don't know *what* is being transferred. **Liquid Ecosystem and Roles**