Tag: sidechain

Blockstream has announced the launch of the Liquid Network, the world’s first production Bitcoin sidechain. The bitcoin startup revealed that the network went live on September 27, 2018. The announcement was made by Blockstream’s Chief Strategy Officer Samson Mow. Years in the Making The Liquid Network is the culmination of some years work. Blockstream first released a whitepaper called “Enabling…

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To reduce the load on Ethereum’s blockchain, Loom Network has introduced Zombiechain, a sidechain geared toward decentralized applications (DApps). There have been instances in the past when the popularity of a decentralized application such as CryptoKitties has managed to slow down the entire network. The number of pending transactions on the mainchain increases, causing an increase in fees required to…

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Bitcoin rose to fame as the first of its kind, the pioneering cryptocurrency that paved the way for others to come. Since then, however, the rest have more than caught up. There are currently several cryptocurrencies that are faster, cheaper and more private, and the world is responding by moving their money to these more efficient networks. The Trouble with…

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Rootstock aims to enhance, or in a sense, “upgrade” Bitcoin by providing faster transaction times, better scalability, merge mining capabilities, as well as new features that will potentially unlock unprecedented use case scenarios for Bitcoin. Commonly referred to as RSK, Rootstock is the first open-source smart contract platform with an integrated Turing complete system for Bitcoin, meaning that the network…

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