uxellodunum on Nostr: Peg-in is the process in which you peg on-chain Bitcoin to Liquid Bitcoin (L-BTC). ...
Peg-in is the process in which you peg on-chain Bitcoin to Liquid Bitcoin (L-BTC). Essentially, the liquid network has its own Bitcoin, which is pegged to on-chain. For it to remain "honest", close to 100% of L-BTC needs to be pegged to actual on-chain Bitcoin.
Published at
2024-05-06 17:44:36Event JSON
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"content": "Peg-in is the process in which you peg on-chain Bitcoin to Liquid Bitcoin (L-BTC). Essentially, the liquid network has its own Bitcoin, which is pegged to on-chain. For it to remain \"honest\", close to 100% of L-BTC needs to be pegged to actual on-chain Bitcoin. \n\nhttps://i.nostr.build/KG0Yy.png\n\nhttps://i.nostr.build/VwvBA.png",
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