Cryptocurrency News & Updates

Bitcoin’s Liquid Network Gains Six New Federation Members


Bitcoin infrastructure company Blockstream said in a statement sent to Bitcoin Magazine that six new members have joined the Liquid Federation, the cohort of financial institutions that underpins the Liquid Bitcoin sidechain.

“Federation members contribute to the Liquid Network’s security, gain voting rights in the board election and membership process, and provide valuable input on the development of new features,” the statement said. “Members also benefit from the ability to perform a peg-out without a third party, allowing their users to convert between L-BTC and BTC seamlessly within their platform.”


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