Launched in late 2018 by Blockstream, the Liquid Network is a sidechain built on blockchain Bitcoin allowing transactions to be made faster, while enjoying more confidentiality.
Already supported by large companies in the sector, such as Bitfinex or Xapo, the federation Liquid welcomes 10 new recruits today, bringing the total number of members to 45.
Among them are the French expert in cryptocurrency security, Ledger, but also several exchanges such as Hodlhodl, Wyre, Point95 Global, liquidity providers like Aquanow, DVChain, MerklePro, two specialized funds, namely ListedReserve and STOKR as well as the bitcoiner called Wiz.
> Liquid Securities: Blockstream launches an STO platform on its Bitcoin sidechain
The members of the federation contribute to the management of the Liquid Network and can also peg-out of Bitcoin to their own cold wallet to provide an exchange service to their users.
Blockstream also points out that the current liquidity on the network Liquid (952 BTC and 16 million USDT) now exceeds that of Lightning Network (924 BTC).
This was to be expected since Liquid is intended for large commercial transactions, while Lightning is planned for small everyday transactions, ”said the Canadian startup.
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