21 BTCLiquid sidechain goes live
In plain words
27 Sept 2018: Blockstream's federated sidechain Liquid produces its first block at 01:29 UTC with 23 member companies; the launch is announced on 10 October.
What happened
Blockstream's federated sidechain Liquid produces its first block at 01:29 UTC with 23 member companies; the launch is announced on 10 October.
People: Adam Back.
See also
- Pegged sidechains paper; Blockstream22 Oct 2014: Adam Back and eight co-authors publish “Enabling Blockchain Innovations with Pegged Sidechains”.
- Lightning NetworkLightning is a payment network built on top of Bitcoin. Two parties lock bitcoin in a shared channel and then pay each other instantly and cheaply off-chain; payments can hop across channels to reach anyone.
- Adam BackAdam Back: Inventor of Hashcash, cited in the Bitcoin whitepaper; co-founder and CEO of Blockstream. Cypherpunk and cryptographer. In 1997 he proposed Hashcash, the proof-of-work that Bitcoin mining uses. In 2008 Satoshi emailed him before publishing the whitepaper, and he pointed Satoshi to Wei Dai's b-money. In 2024 he testified in COPA v Wright.
References
- blog.blockstream.com blog.blockstream.com
- blockstream.com blockstream.com