$BTC Every LBTC on the Liquid Network is backed by a real bitcoin again, almost two months after a software bug let an attacker drain nearly all of them.
Liquid is a Bitcoin sidechain run by a federation of firms led by Blockstream, used by exchanges and traders to move bitcoin faster than the main network allows. Users lock BTC with the federation and get LBTC in return, a token that’s supposed to be redeemable for one bitcoin at any time.
Liquid is a Bitcoin sidechain run by a federation of firms led by Blockstream, used by exchanges and traders to move bitcoin faster than the main network allows. Users lock BTC with the federation and get LBTC in return, a token that’s supposed to be redeemable for one bitcoin at any time.
