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BlockStream Wallet Now Supports Liquid Bitcoin [L-BTC] & Other Assets Based On Liquid Sidechain.

In line with a recent official ‘web-blog post‘ published, renowned ‘blockchain‘ software development ‘BlockStream’ has recently declared that its mobile wallet also called ‘Green Wallet’, now also supports the firm’s Liquid Network sidechain.

As per the BlockStream announcement, users of the wallet are now permitted to securely store, transfer and receive Liquid Bitcoin [L-BTC] and Issued Assets on the Liquid sidechain. The Liquid Network project, 1st ‘mentioned‘ in 2015 and launched earlier in Oct. 2018, aims to offer quicker transactions with Bitcoin [BTC] between businesses and people with the deployment of its features. Bitcoin transactions on to the sidechain, where it moves as bitcoin liquid, are reportedly additionally a lot more private:

“L-BTC transactions on Liquid also benefit from the latest Confidential Transactional technology, that ensures that key details of transactions are encrypted by default. 3rd parties inspecting […] will be able to see the addresses the transaction was sent from and to, but not what quantity was sent, or even what was sent.”

Lastly, moreover to L-BTC, Liquid also supports several other tokenized assets like ‘stablecoins‘ and securities. The post additionally specifies that the wallet supports both the Android and iOS devices via the dedicated store and guarantees desktop functionality returning back soon.

As ‘reported‘ earlier this week, Blockstream recently launched a new tool that permits users to execute atomic swaps for all assets supported by the Liquid network.

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