Cryptocurrency Q&A What is L-BTC?

What is L-BTC?

Federico Sun Nov 24 2024 | 5 answers 1101

L-BTC is a token operating on the Liquid Network, which is a sidechain of Bitcoin. It allows for faster and more private transactions. Each L-BTC is backed by an equivalent amount of BTC and can be pegged-in or pegged-out to the Bitcoin main chain. This mechanism enables the transfer of value between the two networks. What is L-BTC?

What is L-BTC?

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