The developer of Blockstream, under the name of grubles, told in his blog that users of the Liquid Sidebar could open the Lightning Network payment channels using c-lightning implementation.
This makes it possible to conduct quick and private transactions with the Liquid-BTC asset (L-BTC). In the future, the developer notes, this function, along with Confidential Transactions , will work with all assets of the Liquid network through payment channels Lightning Network.
According to Adam Beck, the CEO and co-founder of Blockstream, now, thanks to new developments, networks of different levels can interact with each other efficiently and seamlessly for users.
Lightning on bitcoin on liquid (L-BTC). Bitcoin layers connecting and converging! (People may not know what can be bridge multiple networks). https://t.co/E2Qm9oIuij
– Adam Back (@ adam3us) 2 linens 2019 p.
Liquid is a federated sidecoin of Bitcoin, functioning as a settlement and payment network for cryptocurrency exchanges, market makers, brokers and other financial institutions.
Lightning Network (LN) is a payment protocol that allows for low-cost and instantaneous transactions, which is also a solution to the problem of Bitcoin scalability. According to 1ML , currently 8944 LN nodes are in operation, interconnected by 34,291 payment channels.
Earlier, BlockchainJournal reported that Blockstream added support for atomic swaps for all assets in the Liquid sidechain.
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