“Proof of Reserves allows an exchange to prove how many bitcoin they could spend, without needing to generate a ‘live’ transaction or exposing themselves to the risks of moving funds.”
Crypto Garage, Blockstream's latest joint venture with Japanese fintech blue chip Digital Garage, will introduce a Japanese yen stablecoin to Japanese markets on Liquid's SETTLENET product suite.
Blockstream has released a full node and wallet client for its newly released Liquid, along with a fresh-out-the-box block explorer to monitor transactions and other data on the sidechain.
Blockstream’s COO Samson Mow explains how “Liquid is designed to facilitate fast and reliable high value transfers” of bitcoin (and other cryptocurrencies -- eventually.)
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