The proposal would allow other blockchains to be built on the Bitcoin network. In August, a core developer rewrote the proposal’s code and requested it be added to Bitcoin’s codebase, sparking new debate over its merits.
Category: 2-way peg
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Bizarro World: Federated Sidechain Technology Promoted Over Nakamoto Consensus
On Oct. 10, Blockstream revealed that the company’s new product, Liquid, generated its first block on Sept. 27 and noted that a lot of the crypto-economy’s “biggest players” participated. Since Blockstream announced the launch of its federated sidechain, the technology has been praised by some and dismissed by others. Also read: BCH Devcon Streamlines Bitcoin Innovation […]
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