Blockstream expands Liquid Federation, but LBTC adoption remains slow
Six prominent crypto firms have joined the federation governing Blockstream's Liquid sidechain. Blockstream has added six more members to the federation that governs Liquid, the firm's Bitcoin sidechain for inter-exchange settlement network.The six new Liquid Federation members include Bitcoin web wallet Coinos, crypto custodian Komainu, network privacy firm Nym, blockchain development company Vulpem Ventures, broker Watchdog Capital, and Liquid Network settlement platform Sideswap.The #LiquidNetwork Federation grows to a total of 59 with six new members announced today. The six new....
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Blockstream’s Liquid has added six new projects to its Bitcoin sidechain federation, bringing its total roster count to 59. The post Blockstream Adds Six Members To Liquid Federation appeared first on Bitcoin Magazine.
Blockstream has announced Bitcoin's first production Sidechain Liquid in collaboration with a limited number of partners including prominent Bitcoin exchanges such as Bitfinex, BTCC, Kraken, Unocoin, and Xapo. The Company is holding talks with at least a dozen more major institutional traders and licensed Bitcoin exchanges. The Company's Chief Instigator Austin Hill said in a blog post, "Liquid will improve capital efficiency and market liquidity by facilitating rapid and secure transfers between accounts held at any participating exchange or brokerage." Zane Tackett, Director of Product....
Blockstream has announced its first Bitcoin sidechain called Liquid, set to be launched in early 2016. The sidechain will serve payment processors and brokerages among a dozen other major traders and licensed exchanges with instantaneous and secure transactions. Months after releasing the source code of Sidechain Elements - a codebase for developers to experiment and build sidechains, Blockstream, a startup comprising of a group of core Bitcoin developers has announced the first commercial application of sidechain technology with Liquid. Blockstream, having raised $21 million in venture....
Pending Liquid transactions had been queued in the mempool for roughly 22 hours after the network reported an issue which caused "block signer nodes failing to validate certain parameters against each other." Block production on Blockstream’s Liquid network has resumed after technical problems related to a functionary upgrade caused many transactions to queue for hours.In a Monday update from a Liquid oversight board member identified only as Wiz, Liquid’s failsafe mode was activated yesterday as “an unexpected issue occurred causing block signer nodes failing to validate certain....
Blockstream has announced it will launch its first commercial Bitcoin sidechain by early 2016. The sidechain, codenamed "Liquid," offers instant transactions, providing a fast settlement layer for bitcoin exchanges, brokerages and other industry members. As its main advantage, Liquid provides instant and secure transactions among all users of the sidechain. While Bitcoin transactions can typically take up to an hour to be sufficiently secured by the blockchain, Liquid offers a similar level of security within seconds. Blockstream, which received a $21 million funding round last year and....