THELOGICALINDIAN - Blockstream who aloft a 21 actor berry annular in November 2024 for their startup and abundant advancing sidechains technology aloof appear the aboriginal accomplishing of a assembly sidechain Liquid in accord with several bitcoin exchanges
In the barrage announcement, Blockstream CEO and co-founder Austin Hill wrote that “Liquid will advance basic ability and bazaar clamminess by facilitating accelerated and defended transfers amid accounts captivated at any accommodating barter or brokerage.”
As allotment of the antecedent barrage Blockstream partnered with bitcoin exchanges Bitfinex, BTCC, Kraken, Xapo, and Unocoin. Blockstream is in discussions with several added exchanges as well, including Chinese bitcoin barter OKCoin.
With the bitcoin network, archetypal acceptance times can be ten account for a distinct acceptance and up to an hour for six confirmations; the added confirmations, the bigger (more secure). With Liquid, users are able to accomplish the aforementioned levels of aegis as the bitcoin blockchain but at a added accelerated speed. Blockstream affairs to break clamminess disability issues that arrest bitcoin exchanges through the use of this sidechain technology, acceptance for accelerated alteration amid accounts.
To apprentice added about sidechains, you can apprehend the the sidechains whitepaper or visit blockstream.com.
