Bitcoin infrastructure developer Blockstream has rolled out a user-geared wallet for its Liquid sidechain asset, Liquid Bitcoin (L-BTC), the company confirmed on March 11.
Liquid Core Goes Live
Liquid Core, which Blockstream describes as a “friendly alternative” for controlling L-BTC funds and executing other operations, went live on Github Monday. “Liquid Core gives traders the tools to deposit and withdraw L-BTC from supporting exchanges, while also allowing them to transact between each other without the need of an intermediary,” an accompanying blog post reads.
The move comes around five months after Blockstream launched its Liquid Network in October 2018.
A Bitcoin sidechain, Liquid aims to facilitate faster, cheaper Bitcoin transactions with security benefits tailored to largescale clients.
A further feature allows traditional assets to be tokenized using the Bitcoin blockchain, something developers hope will increase Bitcoin’s attractiveness to traders used to interacting with the Ethereum blockchain….