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2026-05-17 16:37:11 UTC

BAO MARKETS HQ on Nostr: Confidential transactions/contracts on our BAO LIQUID TESTNET can now be verified at ...

Confidential transactions/contracts on our BAO LIQUID TESTNET can now be verified at https://explorer.bao.markets/

The Liquid Network is a Bitcoin layer-2 sidechain that enables fast, confidential settlement, operating independently from the Bitcoin mainchain with one-minute block times and two-block finality.

Confidential Transactions are a default feature on Liquid, using cryptographic protocols to hide both the amount and type of asset transacted from third parties, while still allowing the network to verify that no new coins are created.
Users can selectively reveal transaction details by sharing a blinding key, maintaining privacy.

Key characteristics include:

Privacy: Transaction metadata such as balances and asset types are obscured, protecting users from front-running and market surveillance.
Interoperability: Liquid Bitcoin (L-BTC) is pegged 1:1 to BTC via a two-way peg, allowing users to move assets between the mainchain and sidechain.