Friday April 23, 2021
Bitcoin (BTC) $49,493.00   Ether (ETH) $2,261.25
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
ENEDEX (ENE) Presale Live Now
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Distributed Ledger Technology

Blockstream’s ‘Liquid’ Bitcoin sidechain makes advancements

Published by CryptoNinjas.net
05/22/2017

As Bitcoin grows in popularity, companies and programs are beginning to grow from it and the market it offers. ‘Liquid’ from Blockstream is one of these programs that has sprung up from Bitcoin. In the update by Johnny Dilley, Alex Fowler, and Ben Gorlick, “Liquid Beta Program Update”, they outline some of the advances Liquid, a sidechain is making with Bitcoin.

Liquid is the first sidechain that is federated and is fast and safe in its transfers. It was started in April and has been growing ever since at a rapid rate. It had spent time being tested out, and the company now has a new update available to the public.

Today, Blockstream stated that some of the biggest digital asset companies including exchanges are supporting Liquid in a private beta as it takes a leap into the world. They plan to expand even more over the next few weeks, through live network testing, users are now participating in testing their systems and software.

The benefits of using Liquid have been laid out. For one thing, transfers while using Liquid are instantaneous and exchanges are made right away without waiting for conversions to take place.  Market makers can improve their capital efficiency by reducing balances held across multiple exchanges.

Users can be sure that the digital assets are authentic and not fake, so users are always dealing with verifiable assets. Users can also expect their privacy to be respected when they conduct their business since the transactions are completely personal and confidential.

Lastly, users have control over how they deal with their funds. They can hold them in their virtual “wallet”, or transfer them through networks as they desire. All of these various advantages give Liquid great value.

FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Blockstream issuing Bitcoin mining security token (BMN) on STOKR
Bitcoin

Blockstream issuing Bitcoin mining security token (BMN) on STOKR

03/30/2021
First regulated Japanese‌ yen stablecoin GYEN listed on crypto exchange Liquid
Crypto Exchanges

First regulated Japanese‌ yen stablecoin GYEN listed on crypto exchange Liquid

02/17/2021
Crypto exchange Liquid introducing new 30-day volume fee structure
Crypto Exchanges

Crypto exchange Liquid introducing new 30-day volume fee structure

03/20/2020
Caitlin Long teams with Blockstream on Wyoming-based Avanti Bank to serve digital asset industry
Investment Management

Caitlin Long teams with Blockstream on Wyoming-based Avanti Bank to serve digital asset industry

02/24/2020
Wyre introduces support for Liquid Bitcoin (L-BTC)
Crypto Exchanges

Wyre introduces purchase on-ramp for Liquid Bitcoin (L-BTC)

02/11/2020
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
IOTA now enterprise-ready as Chrysalis Phase 2 launches on mainnet

IOTA now enterprise-ready as Chrysalis Phase 2 launches on mainnet

04/21/2021
Canadian bitcoin platform Shakepay introduces new Visa prepaid card

Canadian bitcoin platform Shakepay introduces new Visa prepaid card

04/21/2021
BSCstarter to host launch of WallStreetBets (WSB) token

BSCstarter to host launch of WallStreetBets (WSB) token

04/19/2021
Bitcasino.io adds Cardano (ADA) token to its betting platform

Bitcasino.io adds Cardano (ADA) token to its betting platform

04/23/2021
Lamassu crypto ATMs now offer shielded Zcash (ZEC) functionality

Lamassu crypto ATMs now offer shielded Zcash (ZEC) functionality

04/21/2021
Bitcasino.io adds Cardano (ADA) token to its betting platform

Bitcasino.io adds Cardano (ADA) token to its betting platform

04/23/2021
Decentralized employment cooperative Opolis launches native WORK token

Decentralized employment cooperative Opolis launches native WORK token

04/23/2021
SKALE Network “Denali” upgrade now live offering high-speed and low costs to Ethereum

SKALE Network “Denali” upgrade now live offering high-speed and low costs to Ethereum

04/23/2021
FDT receives $2.15M bridge funding to introduce crypto card payment rails in Asia

FDT receives $2.15M bridge funding to introduce crypto card payment rails in Asia

04/23/2021
Public Mint to power crypto payments for the Decentr Web3 browser

Public Mint to power crypto payments for the Decentr web3 browser

04/23/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

Go to mobile version