The Truth About Blockstream and the Lightning Network
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Blockstream is one of a number of institutions that provide funding for the development of Bitcoin Corethe predominant network client software. The company is focused on developing bitcoin applications: On October 12,Blockstream announced the release of its Liquid sidechain which could allow for the transfer of assets between the sidechain and the main blockchain. Blockstream asserts participating exchanges—Bitfinex, BTCC, Kraken, Unocoin and Xapo can make near instant exchanges between their accounts and orderbooks.
In Blockstream announced a plan to offer one way satellite broadcasting of the full bitcoin blockchain. In addition to its corporate initiatives, blockstream is also involved in a number of community steering and open source programs. Blockstream is one of the largest contributors of funding for Bitcoin Core. Blockstream hired Rusty Russella well-known developer famous for his work on Linux kernel, to develop an implementation of the Bitcoin Lightning Network LN.
Russell has a four-part LN explanation on his blog. In MayBlockchain. Blockstream bitcoin core developers released an open source codebase and testing blockstream bitcoin core developers for its sidechains product to the public under an open source license.
In AprilBlockstream released a paper on Confidential Assets, [26] an extension of Confidential Transactions which is itself derived from an Adam Back proposal for homomorphic values applied to Bitcoin [27] [28].
From Wikipedia, the free encyclopedia. Retrieved 10 April Retrieved April 10, Blockstream Releases Liquid, First 'Sidechain ' ". The Financial Technology Handbook blockstream bitcoin core developers Investors Blueprint for a New Economy.
International Business Times UK. Retrieved 22 September Retrieved 26 August History Economics Legal status. List of bitcoin companies List of bitcoin organizations List of people in blockstream bitcoin core developers technology.
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