It's true in a way yes, but what could be different in this case is the amount of backing they have. I've read a claim that all of the participants of the Liquid Network make up for about 60% of all current Bitcoin transactions. I haven't been able to confirm it but If they indeed manage to capture 60% of all transactions of Bitcoin, that's quite significant.
RE: 🌊 Blockstream's Liquid Network went live 🌊 Bitcoin Side-chain 🤩 Digital Assets, Fast & Anonymous transactions
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🌊 Blockstream's Liquid Network went live 🌊 Bitcoin Side-chain 🤩 Digital Assets, Fast & Anonymous transactions
my understanding is that they have enough liquidity to support 60%, not that they've actually captured that much (since just launched today)
btw, do you twitter?
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Thanks for clarifying!
And no, I'm not really on twitter. I only read/lurk there.
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Thank you for providing this useful information.
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