Even having been "into" Bitcoin since almost since the start, I constantly find new weird things mentioned which are just apparently taken for granted and exist suddenly and somehow have tons of support and users.
Today I learned about the existence of "Bitcoin Liquid". I had not heard of it ever until today (2021-01-21). Apparently, it's the same thing as "Bitcoin Lightning", in that it's not a separate "altcoin", but somehow "attached to" Bitcoin yet not using the Bitcoin blockchain. This makes no sense to me.
I do know that "Lightning" was touted as a solution when the Bitcoin network was all clogged up with waiting times for transactions a few years ago, but since then, I've not heard one peep of it. Never heard it mentioned at all. I assumed that it was dead. But apparently it still exists, and now "Liquid" also exists. Are they competing against each other?
I find it utterly impossible to figure anything out by reading their official websites, because they always use bombastic wording and list how many groups support them and they are the future and blablabla... Useless information. I want to know neutral, real information. I can't find it anywhere.
What exactly are "Bitcoin Lightning" and "Bitcoin Liquid"? Why do they exist? Why aren't these "BIP"s put into Bitcoin itself? How can they be attached to Bitcoin yet be separate? Is one of them objectively better than the other? Do they solve different problems? Is one of them dead now? Should I be using/bothering with them? Are they an attempt to take over Bitcoin slowly by not being an "altcoin" upfront, but slowly turning away from Bitcoin?
I swear, I could probably sit there and spend my entire life doing nothing but trying to read up on Bitcoin-related stuff and still never have any clue what's going on. It seems like not one day passes without some "revolutionary" and "fantastic" new invention which seems to be little more than a slick website with nonsensical sales talk on it.
I'm looking to get a grasp of the state of Bitcoin and its development. I have no idea how these weird "sidechains" fit into that or why I should pay any attention to them. Maybe it's the best thing ever and makes perfect sense?