Blockchain programming improvement BlockStream announced that its versatile wallet, unpracticed wallet, presently underpins the company's Liquid Network sidechain during a blog entry uncovered on July 5.

Per the announcement, users of the wallet will currently store, send and receive Liquid Bitcoin (L-BTC) and Issued Assets on the Liquid sidechain. The Liquid Network project, initial mentioned in 2015 and launched in Oct 2018, aims to permit for quicker transactions with Bitcoin (BTC) between businesses and people with the utilization of its options. Bitcoin transactions on to the sidechain, wherever it moves as bitcoin liquid, are reportedly additionally a lot of private:

“L-BTC transactions on Liquid additionally enjoy the most recent confidential dealings technology, that ensures that key details of transactions are hidden by default. Third parties inspecting [...] are ready to see the addresses the dealings was sent from and to, however not what quantity was sent, or perhaps what was sent.”

Lastly, additionally to L-BTC, Liquid additionally supports different tokenized assets like stablecoins and securities. The post additionally specifies that the case supports each automaton and iOS devices through the dedicated store and guarantees desktop practicality coming back presently.

As Top Market Group reported earlier in the week, Blockstream recently launched a brand new tool that permits users to execute atomic swaps for all assets supported by the Liquid network.

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