Discover and read the best of Twitter Threads about #sidechain

Most recents (2)

0/ Another doozy of a thread for you!

The past ~24hrs saw a great many #blockchain projects share development updates and partnership news. Amid this, the #crypto space was ripe with discussion on several topics.

On what, exactly? Well that's for you to find out πŸ˜‰
1/ πŸ‡ΊπŸ‡Έ @AugurProject [ $REP ] - yeah, that #Ethereum-powered decentralized prediction market everyone wrote off post-#mainnet as quickly as @Novogratz revises a #bitcoin price forecast (😘) - well the #USmidterms have seemingly awoken punters from far and wide. Those numbers!
2/ πŸ”Ž @adam3us's leading #bitcoin and #blockchain technology firm @Blockstream announced its new block explorer, blockstream.info.

Now, users can search and view specific data published in real-time to the Bitcoin #blockchain, Bitcoin #testnet and Liquid #sidechain. Neat!
Read 30 tweets
Just for fun I'm going to answer one of the brand new accounts spreading FUD about the #LiquidNetwork. Liquid is an inter-exchange settlement network - that means it's for exchanges, OTCs, traders, market makers etc. L-BTC isn't for putting into cold storage for your descendants.
Liquid is designed to solve a problem: moving large amounts of BTC very fast and reliably. On-chain transactions are prone to variance and exchanges typically require more than 1 confirmation, so full settlement can take an hour or more. Full settlement in L-BTC is minutes.
Bitcoin is trustless and permissionless. Corrrect! Liquid sits on top of Bitcoin and uses a distributed trust model. If you're a trader (remember what Liquid is for) you trust the exchange with custody of your coins while trading - so now you trust a federation of exchanges.
Read 8 tweets

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