drgo on Nostr: Liquid is the name of the sidechain network. You can transfer claims against dollars ...

Liquid is the name of the sidechain network. You can transfer claims against dollars or bitcoin or create digital assets de novo on it. Of course, the counterparty risks vary depending upon what is being transferred, but as far as bitcoin transfers are concerned, the security guarantees are as good as you can get without it being equivalent to bitcoin (Lightning transfers would be the off chain bitcoin equivalent).