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Update docs/liquid/liquid-part3.md

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b0xxer 2024-02-07 07:47:43 -06:00
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@ -24,9 +24,7 @@ Sure, Stacker News could just do all this themselves using SQL, but lets assume
Liquid would make a great solution for this case. They could direct their users to download one of the existing Liquid wallets[^1] and use the Liquid sidechain as the "accounting system" for their asset.
Suppose our Customer has earned 1 SND token (which for our purposes is our pretend airline mile token) and now he wants to exchange that for L-BTC. How do we do that?
Luckily, in Liquid, Atomic Swaps[^2] are supported. In fact, [Blockstream has a tool](https://github.com/Blockstream/liquid-swap) to simplify using it[^3].
Suppose our Customer has earned 1 SND token (which for our purposes is our pretend airline mile token) and now he wants to exchange that for L-BTC. How do we do that? Luckily for us, Atomic Swaps[^2] are supported. In fact, [Blockstream has a tool](https://github.com/Blockstream/liquid-swap) to simplify using it[^3].
To do a swap we will need another wallet, as you can't swap between the same wallet (technically you can use the *same node* and use 2 different wallets on that node[^4]). In my case, I have 2 nodes each running their own `elementsd` server (Umbrel and my desktop). So I will use those, but you can use a single node by setting up multiple wallets and using distinct URL connect strings for each.