Blockstream’s end game is now fully exposed: They first crippled Bitcoin, and now they provide the solution: Convert to “Liquid Bitcoin”. Mobile wallets are coming soon, and they will want every crypto, asset and project to run on Liquid. We predicted it.

To leverage sidechain’s features, users have to exchange mainnet BTC for Liquid Network’s L-BTC using peg addresses.

‘Moving forward, Liquid hopes to expand its membership and build out its services. These services could include Issued Assets (IA), Mow explained, what amount to “native tokens within the Liquid blockchain.” These IA could be security tokens, tokenized commodities/real-world assets or even Ethereum.’

‘More than IA, Mow stated that Liquid has “a lot of things coming down the pipe” following its launch. These include a Liquid Testnet that is anchored to Blockstream Signet (Blockstream’s testnet for Bitcoin), GreenAddress integration, a Liquid mobile wallet for mobile platforms, a user interface for Issued Assets, a Liquid Block Explorer and hardware wallet support. He expects these features to be fully functioning by 2018, with more coming in 2019.’

“The end game is a platform for the trustless exchange of many assets, with Bitcoin at the center,” said Mow. “We’ve seen an incredible interest from parties interested to issue tokens and assets on Liquid as well. They’ve just been waiting for a secure and reliable solution to do so.”

Source: https://bitcoinmagazine.com/articles/blockstreams-liquid-network-high-value-bitcoin-payments-live/

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