Toxic Bitcoiner2d agoI don’t see anything about “snapshots” stored on Bitcoin. Only peg in txs, peg out txs, and only opreturn in peg in. Global state of liquid is NOT store on bitcoin.
Not trying to shill liquid btw. Trying to figure out where it fits in this discussion about L2s and data storage.
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nomadshiba⚡2d agoyeah i mean. i thought maybe it was hashing the state and anchoring it to the base layer.
so you can verify the state on bitcoin and replay from there.
but even if thats true, thats still a global state.
my main issue is having a global, state.
bitcoin already has the global state.
i dont have to keep track of another.
i think this is the most primitive version of what im trying to say:
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0000 sats