Feed for category: sidechains
Introducing Liquid Core
Tuesday Mar 12, 2019
by Ponvang Bulus
briefs blockchain sidechains

Blockstream has just introduced Liquid Core, a multiplatform desktop wallet for transacting Liquid Bitcoin.

Users can deposit to supporting exchanges and withdraw as well as engage in peer-to-peer transactions. In addition, transactions are significantly faster (settled in two minutes) and users enjoy a default confidential transaction setting that hides sensitive transaction details such as transaction asset and amount from third parties.

Anyone familiar with wallets can use the Liquid Core wallet although Bitcoin Core users will find it much easier to navigate. Requirements and instructions on how to use the wallet are available on the website. See more details to get started.

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Blockstream Explorer Updates
Friday Feb 15, 2019
by Ponvang Bulus
briefs sidechains blockchain
Blockstream published a few updates to its block explorer that was launched last year 2018. The most obvious of the changes is the enabling of address search with unlimited transactions. Although it takes more disk space, that has led to increased search speed for the explorer. Secondly, disabling Java Script has also been made possible to allow for more browsing privacy as Java Script can be used to remove anonymity of users especially those using Tor, to improve user experience significantly. Thirdly, an API endpoint and a web form have been added to enable transaction broadcasting, a feature that developers or users who may want to easily broadcast transactions to the Bitcoin Network may find useful.
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Proof of Stake Bitcoin Sidechains
Sunday Jan 20, 2019
by Omar Wagih
front blockchain sidechains
Proof of stake is another consensus protocol that has been used on multiple block chains for quite some time now, there was a proposal on the Bitcoin-dev mailing list to attach proof of stake sidechains to the original Bitcoin blockchain. This allows for the development of decentralized networks which aim to manage reserves of Bitcoin, using custom application code and smart contracts that use Bitcoin as the native currency.
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Liquid Full Node and Wallet Releasesd by Blockstream
Wednesday Nov 7, 2018
by Chakib
briefs sidechains

Blockstream announced the release of the Liquid full node binaries and source code available here.

Now any user can join the P2P Liquid Network by operating a full node, in order to trustlessly self-validate the chain just like they can with the Bitcoin network.

Included in this release are the Liquid full node liquidd and liquid-cli command-line utilities, complete with wallet support which enables users to self-manage L-BTC and other Liquid Assets.

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The Launch of the Liquid Network
Wednesday Oct 10, 2018
by Omar Wagih
briefs sidechains
Liquid is a sidechain running on top of Bitcoin, enabling individuals and business to transact Bitcoin faster and with more features than the original Blockchain, it was created by Blockstream and was recently launched with the cooperation of 23 of the industry’s biggest exchanges including Bitfinex, Bitmex and others.
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First Release Annoucement for Drivechain
Wednesday Sep 26, 2018
by Omar Wagih
briefs sidechains
Just a few days ago, an initial release of Drivechain was announced by Paul, this release forks Bitcoin Core into a 16.99 release that is modified to support Drivechain with other features like a new PoW algorithm, a faster UTXO loader and one-way replay protection.
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Liquid Block explorer
Thursday Aug 2, 2018
by Omar Wagih
briefs sidechains

Liquid Network is a multi-asset settlement network that links together cryptocurrency exchanges and brokers around the world, one of the core uses of Liquid is fast, secure and confidential transfer of Bitcoin.

Bitcoin is first pegged to the liquid network by sending it to a Bitcoin wallet generated in their Liquid Wallet, this enables them to transact using L-BTC without using on chain Bitcoin transactions.

To accelerate Liquid’s adoption, Blockstream, the company behind Liquid, released the Liquid Block explorer.

Just like Bitcoin’s own explorer the Liquid explorer shows information related to the peg-in transaction, confirmations, fees and the associated Bitcoin address. Along with other technical details like the unlocking script.

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Proposals and Implementations of Bitcoin Sidechains
Thursday Mar 29, 2018
by James Meyer
front sidechains

Blockchains and Sidechains

Bitcoin in its original, unmodified state has enormous utility. When it was created, the original designer(s) could not account for everything that would transpire after its launch. There are many aspects of the software that are final and unalterable. The consequences of final variables of Bitcoin results in a hard forks. In the occurance of a hard fork, the nodes running modified software sacrifice their ability to interact with the nodes running the original software. The altered nodes begin creating blocks differently and within six blocks there are two block chains - the original and the forked chain.

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