Blockstream is a blockchain development company founded by Adam Back in 2014 and headquartered in San Francisco, U.S. Blockstream investors include Horizons Ventures, Blockchain Capital, Digital Currency Group, AXA Strategic Ventures and others. Blockstream is focused on developing Bitcoin sidechains and other blockchain-related applications. Blockstream is also one of the main funders of Bitcoin Core. Blockstream announced a plan to launch a satellite that would broadcast the full Bitcoin blockchain to eliminate the need for internet connection for the use of Bitcoin. Blockstream plans to earn fees taken for the use of the network. Blockstream is also involved in the development of the Lightning Network, writing Bitcoin advancement concepts and is the establisher of Elements Project.
The crypto businessman sings praises for “uncensorable money.”
Exclusive: ‘Nothing Is Above Bitcoin, No CBDC, No Stablecoins,' Says Blockstream CEO Adam Back
Cryptocurrency exchange Bitfinex moved 1 .561 million USDT from the Omni Protocol to the Liquid Bitcoin sidechain.
Bitfinex Crypto Exchange Moves $1.5M of Stablecoin to Bitcoin Sidechain
Three major Bitcoin sidechains currently have a combined balance of over 9,000 BTC, or $71 million.
Here’s How Much Bitcoin Is Currently Locked Up in Sidechains
Although blockchain investments appear to be decreasing, adoption and sentiment are on the rise, according to various research papers.
Blockchain Is a New Frontier According to Top Executives, Investment Levels Plummet
Bitcoin Core developer Pieter Wuille has introduced a new Bitcoin smart contract programming language called Miniscript.
SegWit Creator Introduces New Language for Bitcoin Smart Contracts
Blockchain company Blockstream rolled out a new open-source version of c-lightning, its Bitcoin Lightning Network implementation.
Bitcoin Lightning Network Implementation C-Lightning Gets an Upgrade
Blockstream Chief Strategy Officer Samson Mow says Bitcoin is bad for payments but the Lightning Network solves this.
Bitcoin Is Bad for Payments, But Lightning Solves This: Samson Mow