[2015-05-30] Blockstream Starts Development on the Lightning Network

[LiteCoinGuy]

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.

https://bitcoinmagazine.com/20618/blockstream-starts-development-lightning-network/

http://blockstream.com/2015/05/27/welcoming-new-members-of-team-blockstream/