Re:Will Bitcoin Make a Good Investment?
by comboy on Thursday July 04, 2019 @04:16PM
(#20357426)
Sidechains allow you to migrate to a completely different system without losing the storage of value property.
[ Parent
| on HN ]
Are there any live sidechains in production? I thought the team behind them moved on to the Lightning Network.
Blockstream launched the Liquid Network sidechain fairly recently.[0] The features that distinguish it from the Bitcoin main chain are fast settlement times (1-minute blocks), confidential transactions (versus BTC's transparent txs), and the ability to issue unique assets such as tokenized fiat, crypto assets, and other pretty exciting digitized assets.
[0] https://blockstream.com/liquid/
Disclosure: I work at Blockstream.