Your take on Liquid is misinformed and contain half-truths.
Liquid functionaries are publicly known, they can be added with their contribution to the network. Current tally is 15, following a recent addition (http://blog.liquid.net/nym-joins-the-%E2%80%A6)
Liquid is open source and fully auditable on the mempool (npub18d4…6lt3) so it's not accurate to say we're just taking Blockstream (npub1jg5…6n8n) word for it.
On traceability, while all transactions can be viewed via their transaction ID, only the parties involved and those with the blinding key can see the asset type & amount transacted. Even Liquid members or functionaries can't break the cryptography of Liquid’s Confidential Transactions. Therefore, claims that Liquid is fully traceable are misleading.
But it's a free market, and you're free to choose the solution you prefer. I encourage you to look into Liquid without being intellectually dishonest.
Battosai
npub162…r3hde
2024-04-22 08:05:27
in reply to nevent1q…7cf0
Author Public Key
npub1626pdpr8gw0s86m7pccta9qj6k3f6pg243maccx78h9e730ervrstr3hdePublished at
2024-04-22 08:05:27Event JSON
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"content": "Your take on Liquid is misinformed and contain half-truths. \n\nLiquid functionaries are publicly known, they can be added with their contribution to the network. Current tally is 15, following a recent addition (http://blog.liquid.net/nym-joins-the-%E2%80%A6)\n\nLiquid is open source and fully auditable on the nostr:npub18d4r6wanxkyrdfjdrjqzj2ukua5cas669ew2g5w7lf4a8te7awzqey6lt3 so it's not accurate to say we're just taking nostr:npub1jg552aulj07skd6e7y2hu0vl5g8nl5jvfw8jhn6jpjk0vjd0waksvl6n8n word for it. \n\nOn traceability, while all transactions can be viewed via their transaction ID, only the parties involved and those with the blinding key can see the asset type \u0026 amount transacted. Even Liquid members or functionaries can't break the cryptography of Liquid’s Confidential Transactions. Therefore, claims that Liquid is fully traceable are misleading.\n\nBut it's a free market, and you're free to choose the solution you prefer. I encourage you to look into Liquid without being intellectually dishonest.",
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