Liquid isn't theoretical. @nprofile1q..., @nprofile1q...'s Aqua, @nprofile1q..., Side Swap, and @nprofile1q... are all interoperating today.

@nprofile1q... breaks it down: peg in BTC, move LBTC with one-minute blocks and confidential transactions.

https://youtube.com/shorts/duITuQoyFlM