Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
goldkingcoiner
on 10/10/2018, 18:57:48 UTC
https://blockstream.com/2018/10/10/liquid-launch.html
Quote
We are excited to announce that the Liquid Network is now live. As the world’s first production Bitcoin sidechain, the Liquid Network provides fast, secure, and confidential transactions to address the needs of exchanges, brokers, market makers, and financial institutions around the world.

The Liquid blockchain went live with the first block generated on September 27, 2018 at 1:29 UTC. 23 of the cryptocurrency industry’s biggest players participated in the launch as Liquid members, including Altonomy, Atlantic Financial, Bitbank, Bitfinex, Bitmax, BitMEX, Bitso, BTCBOX, BTSE, Buull Exchange, DGroup, Coinone, Crypto Garage, GOPAX (operated by Streami), Korbit, L2B Global, OKCoin, The Rock Trading, SIX Digital Exchange, Unocoin, Xapo, XBTO, and Zaif. Together, these members comprise the Liquid Network, ensuring users’ assets are protected through a geographically diverse network with no single point of failure.

Nice, but do we really need sidechains? I don't think so.

Any upgrade to bitcoin is a huge bonus and very welcome. Especially when the sidechains have a different proof of work algorithm than the mainchain. Bitcoin should will be upgraded to the point where altcoins will become obsolete and anyone and everyone will buy bitcocaaaaaaaaaaaaaaaaaaaaaaaaaaain to the moon, past the mars rover into the pegasus galaxy.