Blockstream to Launch First, Instant-Settlement Sidechain for Bitcoin Exchanges

By October 13, 2015Bitcoin Business

Blockstream has announced it will launch its first commercial Bitcoin sidechain by early 2016. The sidechain, codenamed “Liquid,” offers instant transactions, providing a fast settlement layer for bitcoin exchanges, brokerages and other industry members.

As its main advantage, Liquid provides instant and secure transactions among all users of the sidechain. While Bitcoin transactions can typically take up to an hour to be sufficiently secured by the blockchain, Liquid offers a similar level of security within […]

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