Breez Lightning SDK Integrating Support For Liquid Network

The Breez SDK is releasing combination of the Liquid Network in addition to their support for the Lightning Network. Breez SDK has actually been a terrific success in making combination of Lightning support simpler for designers. Used by Relai, Cake Wallet, CrowdHealth, and various other business who have actually constructed out support for the Lightning Network.

Liquid support represents the next stage of substantial growth of the Breez SDK. Liquid is a federated sidechain network using L-BTC, a bitcoin backed token custodied by the members of the federation running the Liquid Network.

It is very important to keep in mind that while individuals utilizing the Liquid Network do self custody their L-BTC, having control to easily move it on Liquid how they desire, the real BTC backing it is custodied by members of the federation on the mainchain. This suggests that strictly speaking, while internal usage of the network itself is self-custodial, entry and exit to and from the network is rather permissioned.

Why Liquid?

Breez SDK is integrating Liquid support to use designers and users more optionality. Every various method of utilizing Bitscoins.netes with various compromises, both favorable and unfavorable.

Liquid does not need using payment channels, suggesting that users do not need to handle established costs or liquidity management, or need an LSP to handle the frictions and intricacies of utilizing their bitcoin. This also eliminates the possibility of surprise channel closures and the costs this end up producing for completion user.

This also eliminates a great deal of intricacy on the designer side, leaving less moving parts for them to handle when integrating Liquid support into an item or wallet. No channel management, no routing management, simply fundamental on-chain fund management with fundamental send out and get support. Given that the SDK is customized for designers, this is a brand-new choice for SDK users with very little application intricacy.

Interaction With Lightning

Any wallet integrating Liquid through the Breez SDK can also still flawlessly communicate with the Lightning Network to preserve a structured and interoperable user experience. Powered by Boltz, the SDK supports submarine swaps. This permits any users custodying their funds on the Liquid Network to flawlessly send out and get Lightning payments by utilizing an atomic swap in between the Liquid Network and the Lightning network.

The Lightning swap performance supports LNURL-Pay, LNURL-Withdraw, LNURL-auth, and is preparing to quickly incorporate support for fiat on and off-ramps. As well, in the future support will be included for multi-device and multi-app support, enabling users to incorporate with a single wallet balance throughout various gadgets and applications.