The authors of the much-discussed Bitcoin Sidechains paper “ Enabling Blockchain Innovations with Pegged Sidechains ,” released in October, formed the company Blockstream to implement sidechains and accelerate innovation in digital currencies. In November, Blockstream closed a $21 million seed funding round with nearly 40 high-profile investors .
The Bitcoin Sidechains paper envisages an ecosystem of “sidechains” separate from the main Bitcoin blockchain but interoperable with it by means of two-way pegs, allowing for the […]
