Swapping across Bitcoin, Lightning and Liquid with Kilian from Boltz.exchange SLP557

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

Nomadcapitalist.com

Stephan Livera links:

Follow me on X: @stephanlivera

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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