Curated Resource ( ? )

"Bitcon's Mozilla": Building sidechains on the blockchain

"Bitcon's Mozilla": Building sidechains on the blockchain

my notes ( ? )

"Blockstream is working on technology ... to secure other kinds of assets, such as contracts or ownership of stock.... building on top of it using what are known as “sidechains.”... Blockstream has developed a way to safely move bitcoins back and forth between the blockchain and sidechains in order to add new functionality to Bitcoin transactions... Sidechains can also be used to apply the math-backed mechanisms that protect Bitcoin against counterfeiting to other assets. " - LinkedIn Founder Reid Hoffman Created a Company to Reinvent Bitcoin | MIT Technology Review

Read the Full Post

The above notes were curated from the full post www.technologyreview.com/news/533326/the-startup-meant-to-reinvent-what-bitcoin-can-do/.

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