Blockstream

More BS on Lightning: Blockstream Pours Liquid on Thick

</header> <strong>Blockstream reps have long been pushing for full implementation of the perpetually-delayed Lightning Network as the main solution for <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> scalability. With the recent announcement of “federated sidechain” Liquid’s integration with Btcpay, however, the tune seems to have changed. Past weeks have found Blockstream execs Adam Back and Samson …

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Bitcoin Cash Miners Plan $6M Development Fund by Leveraging Block Rewards

</header> <strong>A group of Bitcoin Cash mining pool operations have decided to help fund <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> infrastructure development. On January 22, Btc.top founder Jiang Zhuoer revealed that five mining pools are preparing a short-term developers donation plan. Miners from Btc.top, Bitcoin.com, Viabtc, Antpool, and Btc.com plan to give “12.5% of [the] …

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In First ‘Pure Crypto’ Hire, Silvergate Bank Recruits Blockstream Liquid Network Exec

Crypto-friendly Silvergate Bank has made its first hire from the hardcore bitcoin community to support an ambitious roadmap for its business serving digital currency clients.  Benjamin Richman, formerly director of business development and partnerships at bitcoin tech startup Blockstream, joined the La Jolla, Calif.-based bank at the end of last month as director of digital …

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Blockstream Co-Founder Joins Bitcoin-Only Startup River Financial

Industry veteran Jonathan Wilkins, a co-founder of bitcoin tech startup Blockstream, is joining up-and-coming bitcoin brokerage River Financial as Chief Security Officer (CSO). River is a bitcoin-only financial institution for buying and selling the digital currency (emphatically not an exchange; it says it’s “for the long-term investor”). Currently available only to testers who have received …

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Crypto Trading Privacy Gets a Boost as $15M of Tether Moves to Liquid Sidechain

Stronger privacy is coming to the largest stablecoin, tether, with a recent blockchain-to-blockchain swap of $15 million worth of tokens. At 11:27 UTC on Jan. 7, stablecoin issuer Tether conducted a cross-chain swap of some 15 million USDT reserves from ethereum to Blockstream’s Liquid, a federated sidechain running parallel to the bitcoin blockchain. The technical …

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‘Multi-Part’ Payments Could Bring Bigger Bitcoin Sums to Lightning Network

Bitcoin tech startup Blockstream said its c-lightning software team is the first to release a working version of “multi-part payments.”  While the name, c-lightning v0.8.0, is a mouthful, it’s a big improvement for the user experience of the lightning network, a new layer that’s probably bitcoin’s best shot at scaling to support a larger number …

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BTSE Exchange Plans $50M Token Raise on Blockstream’s Ethereum Rival Liquid

The idea was in vogue mid-decade until the emergence of ethereum, which was designed specifically for such use cases, and became the go-to launching pad for initial coin offerings, security tokens, non-fungible collectibles and the like. But Liquid, launched in September 2018, has started to make inroads; last week, BTSE announced it was integrating Blockstream’s …

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Bull Bitcoin Joins Blockstream’s Liquid Exchange Network

Liquid, a second layer tech for bitcoin created by Blockstream, just onboarded another crypto partner. The sidechain for faster BTC payments now has around 30 members, including Bitfinex, BITMex, OKCoin, and other exchanges, with the total of $900,000 moving around on the network, Blockstream’s chief strategy officer Samson Mow told CoinDesk. Now Canadian bitcoin exchange …

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Bitcoin Maximalists Embrace Ethereum After Receiving an Offer They Can’t Refuse

<header class=”article__header”> </header> <strong>A group of hardcore bitcoin maximalists have heroically overcome their hatred for Ethereum after receiving ERC20 shares in crypto exchange INX worth hundreds of thousands of dollars. The staunch <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> loyalists, led by Blockstream CTO Samson Mow, have agreed to support a project built on Ethereum, despite …

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Bitcoin Is Bad for Payments, But Lightning Solves This: Samson Mow

Blockstream Chief Strategy Officer (CSO) Samson Mow says Bitcoin (BTC) is bad for payments but the Lightning Network solves this. Mow — who is also a co-founder of formerly top cryptocurrency exchange BTCC — made his remarks in an interview for SFOX blog on Aug. 15. Lightning changes the whole equation Mow conceded that he …

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