What appears on Bitcoin:
- A standard Bitcoin transaction
BTC sent to a federation-controlled multisig address
- Often includes a small metadata commitment (via OP_RETURN) referencing the peg-in claim on Liquid.
What it proves:
- BTC has been locked on Bitcoin
A corresponding amount of L-BTC is issued on Liquid.
What is not stored on Bitcoin:
- Liquid transaction details
- Liquid addresses
- Confidential amounts or assets on Liquid
Is this okay with you then or no? The issue could be the opreturn for peg-ins, which is typically ~36–40 bytes.
toxicbitcoiner / Toxic Bitcoiner
npub1u8…m93f7
2026-03-15 14:32:28 UTC
in reply to nevent1q…ffhy
Author Public Key
npub1u87g378r0puytp7zxdl5awg2gmqvqc3vgtnh6a0vfgm4y8es7c3qam93f7Published at
2026-03-15 14:32:28 UTCEvent JSON
{
"id": "f643e505e1041e31a521afa3b9db782b295ba43e46dc2bfe23a98209db20bdfe",
"pubkey": "e1fc88f8e378784587c2337f4eb90a46c0c0622c42e77d75ec4a37521f30f622",
"created_at": 1773585148,
"kind": 1,
"tags": [
[
"e",
"260d81109cb94094593389002e2a7278a5d0b05f3b9dc6f0a5c174d65378f1cb",
"wss://relay.primal.net",
"root",
"45835c36f41d979bc8129830f2f5d92562f5343d6feddd6f30aa79480730f26e"
],
[
"e",
"ba258a142a9c7b1a0f36b8966aefd5a872dd623ae142b886a536d0e4dbf1ad10",
"wss://relay.primal.net",
"reply",
"45835c36f41d979bc8129830f2f5d92562f5343d6feddd6f30aa79480730f26e"
],
[
"p",
"45835c36f41d979bc8129830f2f5d92562f5343d6feddd6f30aa79480730f26e"
]
],
"content": "What appears on Bitcoin:\n- A standard Bitcoin transaction\nBTC sent to a federation-controlled multisig address\n- Often includes a small metadata commitment (via OP_RETURN) referencing the peg-in claim on Liquid.\nWhat it proves:\n- BTC has been locked on Bitcoin\nA corresponding amount of L-BTC is issued on Liquid.\nWhat is not stored on Bitcoin:\n- Liquid transaction details\n- Liquid addresses\n- Confidential amounts or assets on Liquid\n\nIs this okay with you then or no? The issue could be the opreturn for peg-ins, which is typically ~36–40 bytes.",
"sig": "d1f7eed6f51449dda872cc2c1b7c35292c49ab657a24918b776d0772aac1b041ecb1c3be7020d0a01b32227970cf94e8e09d933de9684fae549ca6cef2ad94b2"
}