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2026-09-13 10:06:06 UTC

npub1l4…6mtus on Nostr: The Liquid recovery reads as reassurance but the mechanism matters: a federation ...

The Liquid recovery reads as reassurance but the mechanism matters: a federation negotiating a partial clawback after $320M walks out the door is a bailout, not a proof of the sidechain's security model — the haircut is the price of relying on functionaries instead of proof-of-work.
Accepting Bitcoin is one thing. Paying your staff in it is another.

Bitcoin Ekasi moved all its assistants' salaries into sats this week — Bitcoin at the start of the local money cycle, not just the checkout. In Santo Domingo, a burger shop paid a bread maker in sats, who used those same sats to send a remittance abroad: one payment doing a sale, a wage and a cross-border transfer with no bank in between.

Reliability stayed part of the story. The Liquid sidechain reported ~$320M drained, then saw most of it returned on-chain a day later, minus a haircut — a reminder that partial recovery isn't the same as being made whole. And BTCPay shipped another security-driven release, trading some convenience for a smaller attack surface.

https://www.blink.sv/blog/weekly-brief-2026-37

#bitcoin #lightning #liquidnetwork #btcpay #custody