From mboxrd@z Thu Jan 1 00:00:00 1970 Return-Path: Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org [172.17.192.35]) by mail.linuxfoundation.org (Postfix) with ESMTPS id F32BD9D for ; Tue, 13 Oct 2015 20:52:41 +0000 (UTC) X-Greylist: from auto-whitelisted by SQLgrey-1.7.6 Received: from mout.perfora.net (mout.perfora.net [74.208.4.196]) by smtp1.linuxfoundation.org (Postfix) with ESMTPS id 78DA1A5 for ; Tue, 13 Oct 2015 20:52:41 +0000 (UTC) Received: from mail-ig0-f171.google.com ([209.85.213.171]) by mrelay.perfora.net (mreueus002) with ESMTPSA (Nemesis) id 0MDOgd-1ZmtmP1oth-00GmJH for ; Tue, 13 Oct 2015 22:52:40 +0200 Received: by igbhv6 with SMTP id hv6so2814301igb.0 for ; Tue, 13 Oct 2015 13:52:39 -0700 (PDT) MIME-Version: 1.0 X-Received: by 10.50.57.84 with SMTP id g20mr21597882igq.18.1444769559774; Tue, 13 Oct 2015 13:52:39 -0700 (PDT) Received: by 10.50.85.135 with HTTP; Tue, 13 Oct 2015 13:52:39 -0700 (PDT) In-Reply-To: References: Date: Tue, 13 Oct 2015 22:52:39 +0200 Message-ID: From: Adam Back To: Daniel Newton Content-Type: text/plain; charset=UTF-8 Content-Transfer-Encoding: quoted-printable X-Provags-ID: V03:K0:m/Jxqi1OVNQNJma+jdRdBIOv0m5KC/I79sdsHZqkvS/yJ4NYEN/ syG9GlAvnk+U4MOD2NJcaAFA0a5gqzHZasOARF6djiFJYKW33RbTQ69pojM5KwcV5lYJgZ3 GQCHdxOl8BipVYqxCiQ2/hd6A8ZWk4WBmXWjH8r1h0zl3NXROCuLFjJYLpucb+fJA8e5kfd SVZSbYrVvdfMgQ28tkmhA== X-UI-Out-Filterresults: notjunk:1;V01:K0:YiAW0Eu96R8=:uy7tI2IXBn4/yO/mlmSKky HjGJdMHW2Temd31i7fPyTwnPcwXv+ZCQELceEo/KdK2GcW6/3E20qBm7OGtNtKx7omFhkEMna pwarXRb0iesSR/yZDp960uxftwkTENtXvNr1uQ3q81w3P4/gKpee4RlysOWGLrWcmpJLswJTd LlDXTWHyU74lREe/sHjGWr6qyZrJitzeQcFxrdaxuGZo61ZgkASr/6HYgZw2P99Epa3dfr3/R w+17VlnzWx3M+6WaLfj7TeT8qONk/oqyovBh8W2ivDoGwAL9zJ1sVVgHikZIkgz+LFGe8SEvw eGz629RYx6ON/uc/o6c6uhLwCl+3Z1rrOju6sou119liqVhb/Xc6DMgMnJA0JpQ276liFzYWd sj9k4Kge8lfvbS1vyD1DvRSPgQCTvAFNhQ+j6nSn6Mhk6NjteFnnwW/yAsIHbEVy4YvSkbt+i +caLnu5NvyijJ6Gog6viZTr1idh314J4DWYAfkJepMmdFNRpJP7iJ5EF4D/x51YqRRmZTXgAw 1wyHDcjAV9CewqYxAW8QKuojeE2SIzrfiUBYhVTH7KwWDSuyZQU/w2vezi6+V5eR4W4LUseIa F3oVMV5w2N14CwcuUJtV0cG2fhUKolVkRST1WqG4ze92DionHXbugcEPZ4DpZjLL9SflZHbdN EX+Wu+H3Lt2TVqdTakvzHv5l7RzQZXj/OVWA90nZ6o3iLj+OwKZ/KzDgNfQsu4HBXZ6NeVZF8 /VZVzKCMLsE3YO3P X-Spam-Status: No, score=-1.9 required=5.0 tests=BAYES_00,RCVD_IN_DNSWL_NONE autolearn=ham version=3.3.1 X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on smtp1.linux-foundation.org Cc: Bitcoin Dev Subject: Re: [bitcoin-dev] Liquid X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.12 Precedence: list List-Id: Bitcoin Development Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Tue, 13 Oct 2015 20:52:42 -0000 Benjamin you may want to read this reddit thread on liquid: https://www.reddit.com/r/Bitcoin/comments/3ok69l/blockstream_to_launch_firs= t_sidechain_for_bitcoin/ and if you feel your questions are not answered, post them there? (This list is about bitcoin development so it's not really on topic for her= e). Adam On 13 October 2015 at 21:37, Daniel Newton via bitcoin-dev wrote: >>Again =E2=80=93 what does Bitcoin have to do with =E2=80=9Cmarket liquidi= ty=E2=80=9D and =E2=80=9Ccapital >> requirements=E2=80=9D? > > You seem to be conflating bitcoin with blockstream/liquid. Your question > does not make sense. > >>Does Blockstream have commercial products now? > > Yes. I am sure that was always their plan in order to stay a viable > commercial entity > > On Wed, Oct 14, 2015 at 3:25 AM, Benjamin via bitcoin-dev > wrote: >> >> Hello all, >> >> I was very surprised to learn that Blockstream will implement Sidechains >> for exchanges [1], [2] and has been working on this privately. Can someb= ody >> explain this =E2=80=9Cannouncement=E2=80=9D? Just a few comments on this= =E2=80=9Cproposal=E2=80=9D. >> >> =E2=80=9CThis new construction establishes a security profile inherently= superior >> to existing methods of rapid transfer and settlement, and is directly >> applicable to other problems within existing financial institutions.=E2= =80=9D >> >> First of all, what does Bitcoin have to do with existing financial >> institutions? Secondly, what in do you mean by =E2=80=9Crapid transfer= =E2=80=9D and >> "settlement"? Bitcoin is anonymous, digital cash. There is no such thing= as >> settlement, there is only the transfer of digital cash and that's it >> (settlement is a bad word for this kind of transfer of property). If you >> make up new terms define them accurately and don't play the >> crypto-buzzword-bingo game. >> >> =E2=80=9CThis, in addition to increasing the security of funds normally = subject to >> explicit counterparty risk, fosters conditions that increase market >> liquidity and reduce capital requirements for on-blockchain business >> models.=E2=80=9D >> >> Again =E2=80=93 what does Bitcoin have to do with =E2=80=9Cmarket liquid= ity=E2=80=9D and =E2=80=9Ccapital >> requirements=E2=80=9D? >> >> =E2=80=9CBlockstream's innovative solutions are definitely a game change= r for the >> Bitcoin industry.=E2=80=9D >> >> Does Blockstream have commercial products now? >> >> "These initial launch partners include Bitfinex, BTCC, Kraken, Unocoin, >> and Xapo, and discussions are underway with another dozen major >> institutional traders and licensed exchanges. " >> >> ??? so many questions and no answers. >> >> Regards, >> Benjamin >> >> _______________________________________________ >> bitcoin-dev mailing list >> bitcoin-dev@lists.linuxfoundation.org >> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev >> > > > _______________________________________________ > bitcoin-dev mailing list > bitcoin-dev@lists.linuxfoundation.org > https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev >