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 9C9ADC43 for ; Tue, 13 Oct 2015 19:38:37 +0000 (UTC) X-Greylist: whitelisted by SQLgrey-1.7.6 Received: from mail-yk0-f181.google.com (mail-yk0-f181.google.com [209.85.160.181]) by smtp1.linuxfoundation.org (Postfix) with ESMTPS id 0CF481C5 for ; Tue, 13 Oct 2015 19:38:37 +0000 (UTC) Received: by ykey125 with SMTP id y125so27347376yke.3 for ; Tue, 13 Oct 2015 12:38:36 -0700 (PDT) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gmail.com; s=20120113; h=mime-version:in-reply-to:references:from:date:message-id:subject:to :cc:content-type; bh=uylumvMruDrxWlbfAsEPh+JkAbTM8aenZzMcl1AaHsk=; b=ci38G3eQ+IHUdhi5eScDS3XnIlRozllIiXMtzt4OMpT29fbgjob4RloPPIVIQHbp5N HcK2NpPCxzc5qqJHxB+urdwg0s4/phcC1tJAtB+/qipR2d8sM66D6OCI2gSJ4xsBpvlj +aQpBPT5ZgKSx6IYgLyi51knzx8UMhlaRb+ZHNVW8B8fzTTargzUE4BftMFj6CgxH5fv cIV65YgnqfyWn8WMoPRSS+5LivDpoWT8RZrUQd/lqTmjbJwoz5Mf/dPgwH1j8K4AQePz ymhcoigmDJ92D+xNIspMXlaiuL6XrG0iHrzflx21zGpW1NZOkkFHHEGZaEfmcXZjtg7f Rltg== X-Received: by 10.13.213.209 with SMTP id x200mr13084164ywd.57.1444765116281; Tue, 13 Oct 2015 12:38:36 -0700 (PDT) MIME-Version: 1.0 Received: by 10.129.45.66 with HTTP; Tue, 13 Oct 2015 12:37:56 -0700 (PDT) In-Reply-To: References: From: Daniel Newton Date: Wed, 14 Oct 2015 08:37:56 +1300 Message-ID: To: Benjamin Content-Type: multipart/alternative; boundary=001a114fb0428a4e7f05220197f7 X-Spam-Status: No, score=-2.7 required=5.0 tests=BAYES_00,DKIM_SIGNED, DKIM_VALID,DKIM_VALID_AU,FREEMAIL_FROM,HTML_MESSAGE,RCVD_IN_DNSWL_LOW 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 19:38:37 -0000 --001a114fb0428a4e7f05220197f7 Content-Type: text/plain; charset=UTF-8 Content-Transfer-Encoding: quoted-printable >Again =E2=80=93 what does Bitcoin have to do with =E2=80=9Cmarket liquidit= y=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 < bitcoin-dev@lists.linuxfoundation.org> 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 somebo= dy > 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 s= ubject 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 liquidi= ty=E2=80=9D and =E2=80=9Ccapital > requirements=E2=80=9D? > > =E2=80=9CBlockstream's innovative solutions are definitely a game changer= 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 > > --001a114fb0428a4e7f05220197f7 Content-Type: text/html; charset=UTF-8 Content-Transfer-Encoding: quoted-printable
>Again =E2=80=93 what does Bitcoin have to do= with =E2=80=9Cmarket liquidity=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 <bitcoin-dev@lists.linuxfound= ation.org> 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 somebody explain this =E2=80= =9Cannouncement=E2=80=9D? Just a few comments on this =E2=80=9Cproposal=E2= =80=9D.
=C2=A0
=E2=80=9CThis new construction establish= es a security profile inherently superior to existing methods of rapid tran= sfer and settlement, and is directly applicable to other problems within ex= isting financial institutions.=E2=80=9D

First of a= ll, what does Bitcoin have to do with existing financial institutions? Seco= ndly, what in do you mean by =E2=80=9Crapid transfer=E2=80=9D and "set= tlement"? Bitcoin is anonymous, digital cash. There is no such thing a= s 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 ma= ke up new terms define them accurately and don't play the crypto-buzzwo= rd-bingo game.

=E2=80=9CThis, in addition to incre= asing the security of funds normally subject to explicit counterparty risk,= fosters conditions that increase market liquidity and reduce capital requi= rements for on-blockchain business models.=E2=80=9D

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?

=E2=80=9CBlockstream's innovative solutions are definitely a game= changer for the Bitcoin industry.=E2=80=9D

Does B= lockstream have commercial products now?

"The= se initial launch partners include Bitfinex, BTCC, Kraken, Unocoin, and Xap= o, and discussions are underway with another dozen major institutional trad= ers and licensed exchanges. "

??? so ma= ny questions and no answers.

Regards,
Be= njamin

_______________________________________________
bitcoin-dev mailing list
bitcoin-dev@lists.= linuxfoundation.org
https://lists.linuxfoundation.org/mail= man/listinfo/bitcoin-dev


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