b0xxer/web
1
0
Fork 0
Code Issues Pull Requests Packages Projects Releases Wiki Activity
web/docs/liquid/liquid-part2.md
b0xxer 66e9702997 Update docs/liquid/liquid-part2.md
2024-01-25 05:25:53 -06:00

1.5 KiB
Raw Blame History

DeepDive into Liquid: Part II - Asset Creation and Configuration

This is a multipart DeepDive that will focus on the Liquid Sidechain. It will be released in 3 Parts:

  • Part I: Overview, Installation, and first Peg-In
  • Part II (this): Asset Creation and Configuration
  • Part III: Advanced Topics and Peg-out

Assets

In Part I, we succesfully Pegged-In our BTC and received L-BTC, now lets use that L-BTC to do some interesting things with Asset Issuance:

  • Let's begin by checking out these 2 commands1:

    • $ sudo ./scripts/app compose elements exec node elements-cli -rpcuser=$E_RPCUSER -rpcpassword=$E_RPCPASS getwalletinfo

    "balance": {"bitcoin": 0.00149155}

    • $ sudo ./scripts/app compose elements exec node elements-cli -rpcuser=$E_RPCUSER -rpcpassword=$E_RPCPASS dumpassetlabels

    {"bitcoin": "6f0279e9ed041c3d710a9f57d0c02928416460c4b722ae3457a11eec381c526d"}

This is telling us that bitcoin is a label for an asset that has the UUID of 6f0279e9ed041c3d710a9f57d0c02928416460c4b722ae3457a11eec381c526d. Everything in Liquid is an 'Asset' (including L-BTC) and each of these Assets can have different features, issuance, and restrictions.

Looking up this value on https://blockstream.info/liquid/assets we see:

  1. The values E_RPCUSER and E_RPCPASS, where environmental variables we set in Part I ↩︎