Wednesday, November 23, 2022 7:43:12 PM
“A sidechain is an independent blockchain that runs parallel to another blockchain, allowing for tokens from that blockchain to be used securely in the sidechain while abiding by a different set of rules, performance requirements, and security mechanisms. Liquid is a sidechain of Bitcoin that allows bitcoin to flow between the Liquid and Bitcoin networks with a two-way peg. A representation of bitcoin used in the Liquid network is referred to as L-BTC. Its verifiably equivalent amount of BTC is managed and secured by the network's members, called functionaries.”
“Digital securities law will enable El Salvador to be the financial center of central and south America,” wrote Paolo Ardoino, CTO of cryptocurrency exchange Bitfinex, on Twitter.”
https://bitcoinmagazine.com/legal/el-salvador-submits-bitcoin-bond-bill
"Be fearful when others are greedy, and greedy when others are fearful."
_Warren Buffett
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