Sidechains Whitepaper Authors Will Conduct Reddit AMA to Answer Questions about Blockstream

Sidechains Whitepaper Authors Will Conduct Reddit AMA to Answer Questions about Blockstream

A collection of recognizable names from the Bitcoin space have teamed up under lead author Adam Back to release an official Sidechains whitepaper at Blockstream. Blockstream is the name of a new company dedicated to "working on trustless cryptographic infrastructure." The paper is available for download on the new Blockstream website. The sidechains concept first hit the public eye earlier this year when Back introduced the concept to the Bitcoin public as a replacement for altcoins and even Bitcoin 2.0 platforms. Fresh on the heels of the release of the long-awaited Sidechains whitepaper,....


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SEC Form Shows Bitcoin Technology Company Blockstream Already Has Millions in Funding

Blockstream, the new for-profit Bitcoin technology company that will be developing sidechains, already has some significant funding. As revealed by a Form D fundraising disclosure form filed at the beginning of the month, Blockstream has already secured over 15.1 million USD in series A funding, with potentially more to come. A Form D is filed with the SEC when funds are raised without prior approval from the SEC. However, since the SEC form is from three weeks ago, the numbers represented therein may not be presently accurate. Also read: Sidechains Whitepaper Authors Will Conduct Reddit....

The Sidechains Bitcoin 2.0 Revolution - Highlights from Reddit AMA

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A Simple Explanation of the Awesomeness of Bitcoin Sidechains

The publication of the long-awaited sidechains whitepaper last week and the Reddit AMA with its authors took the Bitcoin world by storm and generated significant enthusiasm. At the same time, the whitepaper is quite technical and not easy to understand without a careful study, and most of the questions and answers on Reddit were deeply technical as well. Now Richard Brown of IBM UK offers a simple but deep explanation of just what sidechains are, what they can be used for and why they are so awesome. After recalling how transactions on the Bitcoin blockchain work, Brown moves to what....

Blockstream Moves Ahead with Sidechain Elements, the First Implementation of Sidechains

The authors of the much-discussed Bitcoin Sidechains paper "Enabling Blockchain Innovations with Pegged Sidechains," released in October, formed the company Blockstream to implement sidechains and accelerate innovation in digital currencies. In November, Blockstream closed a $21 million seed funding round with nearly 40 high-profile investors. The Bitcoin Sidechains paper envisages an ecosystem of "sidechains" separate from the main Bitcoin blockchain but interoperable with it by means of two-way pegs, allowing for the transfer of assets between sidechains and the main blockchain. A....

Blockstream Starts Development on the Lightning Network

The authors of the much-discussed Bitcoin Sidechains paper "Enabling Blockchain Innovations with Pegged Sidechains," released in October, have formed the company Blockstream to develop new ways to accelerate innovation in digital currencies, open assets and smart contracts. In November, Blockstream closed a $21 million seed funding round with nearly 40 investors, including well-known pioneers of the Internet and financial services sectors. The Bitcoin Sidechains paper envisages an ecosystem of "sidechains" separate from the main Bitcoin blockchain but interoperable with it. A sidechain can....

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I understand the political ramifications of [Bitcoin] and I think that government should stay out of them and they should be perfectly legal.

Roger Ver, Bitcoin Angel Investor and Evangelist