Liquid, a sidechain solution for the Bitcoin network by Blockstream, has launched live. With this move, Liquid becomes the first working sidechain solution to Bitcoin scaling, while Drivechain is still in testnet mode.
“Liquid’s native Liquid Bitcoin (L-BTC) asset is backed by a two-way peg to Bitcoin (BTC) and can be redeemed at any time, providing institutions and end users with a secure and rapid way to transfer bitcoin between members with full settlement in two minutes,” explained Blockstream in a recent blog.
Blockstream has been a long-time...
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