Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: minefarmbuy on October 13, 2018, 02:57:29 PM



Title: Liquid by Blockstream
Post by: minefarmbuy on October 13, 2018, 02:57:29 PM
Looking for thoughts on the federated union of exchanges using a tokenized sidechain of the Bitcoin network called Liquid.


Title: Re: Liquid by Blockstream
Post by: Micronometer on October 15, 2018, 05:26:05 PM
Blockstream by liquid seems good on paper. Its implementation of whitepaper federation is very intriguing.


Title: Re: Liquid by Blockstream
Post by: Angleworm on October 15, 2018, 05:27:46 PM
Liquid's main objective is to carry large volume of transactions efficiently. It is intended to enhance bitcoin based exchange's speed and cost of settling extensive volume.


Title: Re: Liquid by Blockstream
Post by: Antinomist on October 15, 2018, 05:29:25 PM
Liquid's suggestive solution to slow time consuming transaction is they will centralize the process to some extent by appointing some institutions which will validate the transactions after pulling them from the main chain. In short, it compromises decentralization.


Title: Re: Liquid by Blockstream
Post by: Symptomatic on October 15, 2018, 05:31:30 PM
Liquid network is created on the bitcoin network with the concept of bitcoin sidechain. It makes transaction faster through blockchain ledger.


Title: Re: Liquid by Blockstream
Post by: rindo on October 22, 2018, 11:40:47 AM
Blockstream is a company that specializes in blockchain development projects and has been working on a new sidechain for Bitcoin since 2015. Following the founding of the company in 2014, the launch of The Liquid Network project was announced in 2015. The objective of the project is to facilitate liquidity operations between brokers and trading platforms that deal with Bitcoin.

Blockstream states that Liquid Network is a Bitcoin sidechain that enables faster transaction processing. It comes with additional advantages in data security and user confidentiality.