Liquid, a second layer tech for bitcoin created by Blockstream, simply onboarded one other crypto associate.
The sidechain for sooner BTC funds now has round 30 members, together with Bitfinex, BITMex, OKCoin, and different exchanges, with the whole of $900,000 shifting round on the community, Blockstream’s chief technique officer Samson Mow advised CoinDesk.
Now Canadian bitcoin change Bull Bitcoin is becoming a member of the platform. The brand new partnership will permit the customers of Bull Bitcoin to work together with different exchanges on the community.
Tentatively scheduled on the early 2020, the combination of Liquid tech into Bull Bitcoin’s operations would require some effort from the change’s tech crew, Bull Bitcoin CEO Francis Pouliot stated.
“We’re ensuring now we have this backup layer. We wish to ensure that bitcoin succeeds, and that is our approach to take part in strengthening the community,” Pouliot advised CoinDesk.
As part of the partnership, Bull Bitcoin goes to difficulty its personal asset on the Liquid community: Canadian dollar-pegged token dubbed L-CD, which is meant for use because the change’s voucher for getting bitcoin.
Picture of Bull Bitcoin co-founders Dave Bradley and Francis Pouliot with Blockstream CSO Samson Mow by Anna Baydakova for CoinDesk