Swapping across Bitcoin, Lightning and Liquid with Kilian from Boltz.exchange SLP557
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How do we interact with Bitcoin in a multi layer world? What cost savings and trade offs are necessary here? What even counts as a layer? Kilian from boltz.exchange joins me to talk about swapping across Bitcoin on-chain, Lightning and Liquid. We discuss:

• How swapping works

• What makes it atomic and non-custodial

• What counts as layer 2

• Fee savings and trade offs

Links:

• X: @kilrau)

• Site: boltz.exchange)

• X: @boltzhq)

• Taproot feature blog post: Introducing Taproot Swaps: Putting the) )"Fun") Back into Refunds!)

Sponsors:

• Swan.com) (code LIVERA)

• CoinKite.com) (code LIVERA)

• Mempool.space)

• N)omadcapitalist.com)

Stephan Livera links:

• Follow me on X: @stephanlivera)

• Subscribe to the podcast)

• Subscribe to Substack)

Chapters/Timestamps:

• 00:00 - Introduction and Background

• 03:07 - Boltz.exchange: Moving Between Bitcoin Layers

• 05:35 - Use Cases for Lightning Service Providers

• 09:45 - Enhancing Wallet Functionality

• 13:20 - Non-Custodial Atomic Swaps

• 21:43 - Coinkite.com

• 23:07 - NomadCapitalist.com

• 24:25 - Fees and Fee Savings

• 29:35 - Trust Model of Liquid

• 32:40 - Regulatory Risks for Liquid

• 37:10 - Transaction Limits on Liquid

• 38:58 - Mempool.space

• 39:59 - Swan.com

• 41:02 - Scalability of Liquid

• 44:15 - Integration of Liquid with Other Services and Wallets

• 51:22 - Pragmatism in Bitcoin Adoption

• 55:45 - Operating in a High-Fee Environment

• 57:45 - Closing Thoughts