Update from the Liquid Federation:
The Liquid Federation is pleased to announce that the network’s bitcoin reserves have been fully restored, reestablishing 1:1 BTC backing for all LBTC.
This follows the restoration of BTC<>LBTC swaps several weeks ago, which have since allowed users to move between Bitcoin and Liquid at a 1:1 rate through participating swap providers. Together, these milestones represent significant progress in the Federation’s recovery efforts and reaffirm its commitment to the long-term security, stability and resilience of the Liquid Network.
As always, the network’s bitcoin reserves are independently verifiable. Users operating their own Liquid nodes can directly verify the Federation’s Proof of Reserves, while reserve balances and network activity can be monitored through the public dashboard at https://t.co/M46Zhn8nlY.
We extend our sincere appreciation to the Bitcoin community, Liquid users, and ecosystem partners for their patience, understanding, and continued engagement throughout the recovery process. Your support and involvement has been instrumental as we worked to restore the network’s reserves and strengthen its underlying infrastructure.
Strengthening the Liquid Network for the Future
Looking ahead, the Federation is advancing several important initiatives designed to strengthen the network’s long-term security, governance, and operational resilience.
These efforts include modernizing the governance structure, introducing clearer responsibilities and oversight, and implementing additional technical and operational safeguards to further protect the network and its participants.
More details on these initiatives and the Federation’s next steps will be shared in the coming weeks.
Restoring full bitcoin backing marks an important milestone, but our work continues. The Federation remains committed to building on the progress of recent years, advancing Liquid’s development, and strengthening the network’s resilience and accessibility for all participants.
Bitcoin can add new signature schemes to stay ahead of quantum computing. @blksresearch is studying lattice-based signatures to help figure out what that upgrade should look like.
https://t.co/7hlkC0gPZt
Download the Blockstream App today to get full self-custody of Bitcoin from day one, whether you're buying in app or sending from an exchange.
https://t.co/d4IUzLeUpQ
Track a transaction from the @Blockstream app and this is the new view you'll get: Blockstream Explorer, rebuilt for your phone, with the next block filling up live.
Request a seat at the custody workshop, or all four. Requests close Friday, Nov 6. Forum pass required. https://t.co/y68GkRQAeQ
No Forum pass yet? Get 25% off tickets with code Bl0ckstr3am25: https://t.co/HnoHoTaKJS
Custody built for institutions: security, control and resilience.
Naji Bekhazi and Daniel Goldman of @ThalesCloudSec on Blockstream's enterprise custody and the MPC solution we built together.
Nov 13, 9:15 AM ET, Digital Assets Forum, New York.
In Q3 security set the agenda.
@blksresearch co-wrote the draft SHRINCS BIP. Jade, Core Lightning and Elements shipped security fixes. We rebuilt Blockstream Explorer, launched 0-conf for @Liquid_BTC integrators and opened the Swaps beta.
Read more:
https://t.co/Dnfj94r4I2
The easiest first step into multisig needs nothing more than the phone in your pocket.
Set up a 2FA Protected account in the @BlockstreamApp and approve sends with a second factor you choose.
The easiest way into multisig is a 2FA Protected account in the @Blockstream app.
Approve sends with your choice of second factor: SMS, email or an authenticator app. No extra hardware to set up.
We're the Diamond Sponsor of the @DAF_Global Digital Assets Forum in New York on Nov 13. Get 25% off tickets with code Bl0ckstr3am25.
Hear @adam3us on the Blockstream Stage, plus our sessions on custody, post-quantum security, growth and deployment.
https://t.co/fCiBJDv4hF
Tokenized assets, stablecoins and collateral mobility on Bitcoin-based infrastructure.
Igor Iochpa and @sagungarg show how financial institutions can build new products and services on Elements.
Nov 13, 1:30 PM ET, Digital Assets Forum, New York.
Keeping your @BlockstreamJade up to date takes seconds in the @Blockstream app.
Connect Jade and you'll be prompted when new firmware is available. Confirm it on Jade and it installs directly.
LIVE in 30 minutes: @olkurbatov of @blksresearch takes the Main Stage at @btcplusplus Seoul. 🇰🇷
Silent Payments let you share one static address while every payment lands somewhere new and unlinkable. Making that work for multiparty wallets is a harder problem.
One static address, unlinkable payments, many signers. @olkurbatov of @blksresearch explains Silent Payments for multiparty wallets with @bitcoinoptech, from 41:18.
See him live on the Main Stage at @btcplusplus Seoul, 2:00 PM KST today. 🇰🇷
Our CEO @adam3us takes the Blockstream Stage at the Digital Assets Forum in New York next week for a fireside chat with VanEck CEO @JanvanEck3.
November 13, 10:20 AM ET. Hosted by @DAF_Global. 🇺🇸
Stay for four Blockstream workshops for financial institutions the same day. Request your seats by Friday, Nov 6. Forum pass required. https://t.co/y68GkRQ2pi