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Author Topic: [2015-10-14] Blockstream announces their first sidechain Liquid  (Read 305 times)
milaliss (OP)
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October 14, 2015, 07:43:35 PM
 #1

Blockstream announces their first sidechain Liquid
Blockstream's Liquid is a distributed network which extends blockchain functionality and allows users rapid transfer and settlement in a separate high-volume and low-fee secure cryptographic system.
http://www.coinfox.info/news/3365-blockstream-announces-their-first-sidechain-liquid
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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October 05, 2021, 08:53:17 PM
 #2

How’s that going?

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October 05, 2021, 10:49:08 PM
 #3

Looks like they have about 3300BTC in it.

Since it's all private transactions there is no public block explorer out there that I know of that shows the amounts being transferred.
There are a few big players that are using it, but don't know to what extent.

-Dave

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October 06, 2021, 12:06:15 AM
 #4

Looks like they have about 3300BTC in it.

Since it's all private transactions there is no public block explorer out there that I know of that shows the amounts being transferred.
There are a few big players that are using it, but don't know to what extent.

-Dave

Interesting. It appeared to be completely down today and nobody even seems to notice. Maybe I’m looking at the wrong network. Surely people wouldn’t trust a sidechain with their Bitcoin if it were possible for the network to go down. That would be a silly use of funds so I must have made a mistake.

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October 06, 2021, 11:22:35 AM
 #5

Having plenty of alternative choices out there is good for us and good for the crypto business to keep the industries competitive and to kind of self regulate to avoid taking advantage of the crypto users..

But as a business performance appraisal is blockstream ready to have the sidechain going? Do they have the numbers, in terms of community support that will help them grow and register a success story or they have chosen to gamble by throwing in all their cards and hope for the best???

R


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October 08, 2021, 11:44:29 AM
 #6

Interesting. It appeared to be completely down today and nobody even seems to notice. Maybe I’m looking at the wrong network. Surely people wouldn’t trust a sidechain with their Bitcoin if it were possible for the network to go down. That would be a silly use of funds so I must have made a mistake.

Liquid.Network explorer's about as much as you get I guess? Doesn't seem down, and the odd transaction every other block or so.

Actually surprised by the number of assets on there, though I suppose if 5 pages or so are the result of tinkering from a handful of people, it'd get about as crowded (and noisy) as one of those early 2016 DEXs thanks to near-free cost of issuance.

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October 15, 2021, 08:24:47 AM
 #7

How’s that going?

OgNasty, you know necro bumping is not something accepted here. It would be more appropriate to open a topic in bitcoin discussion and refer to this one in your text..

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