"The original “Sidechains” paper sold the idea of a “trustless 2-way peg” The paper was used to raise $21 M for @Blockstream never delivered on the “trustless 2-way peg” (maybe it’s impossible) So we get Liquid which is based on a federated model, which is basically PayPal"

"The original “Sidechains” paper sold the idea of a “trustless 2-way peg” The paper was used to raise $21 M for @Blockstream never delivered on the “trustless 2-way peg” (maybe it’s impossible) So we get Liquid which is based on a federated model, which is basically PayPal"

on March 28, 2020

"The original “Sidechains” paper sold the idea of a “trustless 2-way peg” The paper was used to raise $21 M for @Blockstream never delivered on the “trustless 2-way peg” (maybe it’s impossible) So we get Liquid which is based on a federated model, which is basically PayPal"

submitted by /u/Egon_1
[link] [comments]

source https://www.reddit.com/r/btc/comments/fqaf68/the_original_sidechains_paper_sold_the_idea_of_a/

Comments