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Blockstream : A major cryptocurrency technology leader by shortsegments

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· @shortsegments ·
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Blockstream : A major cryptocurrency technology leader
![90D47A7F-5C5E-4202-8B57-7188C0E49BDA.jpeg](https://cdn.steemitimages.com/DQmPG9eXBXAb8ps9EGUKBXcjpPdrP8d2w6YkJLH9WZQpEAZ/90D47A7F-5C5E-4202-8B57-7188C0E49BDA.jpeg)

This amazing company has not only been the major player in the creation of the Bitcoin sidechain Bitcoin Lightning Network, which boasts of transaction volume potential of one million transactions per minute, making it the fastest blockchain in existence and faster the World Leading Credit Card transaction processor VISA! But Blockstream also created the wallets, non-fungible tokens and smart contracts. These huge innovations along with micro-transaction fees so microtransactions. We are witnessing the future of Bitcoin, micro transactions and micro transaction fees..

BLOCKSTREAM

![538B92575EC34E1F93D6D321EB2E9BCF.jpeg](https://files.peakd.com/file/peakd-hive/shortsegments/O0YmnPVB-538B9257-5EC3-4E1F-93D6-D321EB2E9BCF.jpeg)



**BLOCKSTREAM is a world-wider leader in Bitcoin and blockchain technology.  Their products and services such as non-fungible tokens and side chains may well be the foundation of the financial infrastructure of the decentralized finance and the reward mechanisms underlying monetized video games now and in the future.**

***BLOCKSTREAM Quote***

![49A7F580FCA2432A9C166920AEEEB394.jpeg](https://files.peakd.com/file/peakd-hive/shortsegments/J2AFIXqj-49A7F580-FCA2-432A-9C16-6920AEEEB394.jpeg)



> Bitcoin is at the heart of everything we do. From enterprise-grade settlement networks, to consumer wallets, to Bitcoin satellites, our technology is accelerating the adoption of Bitcoin-based peer-to-peer finance. Blockstream's key innovation is in sidechains, which enable the introduction of brand new features to Bitcoin, as well as the issuance of new digital assets.

**BLOCKSTREAM  has several technological achievements in the blockchain space, and their greatest skill is in developing side chains. They were a vital contributor to the development of the Bitcoin Lightning Network via development of the side chain, which was/is the backbone of the Lightening Network. They are partnering with Powerful forces within the cryptosphere to advance Commerce. They are also very invested in development of Non-Fungible Tokens, as a backbone of the development of commerce in video games and beyond.**

**This is information from their website about the companies achievements.**

***Sidechains***

A sidechain is a blockchain that runs parallel to the main blockchain, enabling the deployment of new features and capabilities while leveraging the main blockchain's security. A sidechain is interoperable with the main blockchain and supports the secure transfer of assets between chains. We have a side chain here on the Hive blockchain called Hive-Engine. Binance has a side chain Binance Smart Chain, and Bitcoin has a side chain Bitcoin Lightening Network. 

![3202FCE1C4DD4280B3A37C11D2FF8A53.jpeg](https://files.peakd.com/file/peakd-hive/shortsegments/ycp5Bxit-3202FCE1-C4DD-4280-B3A3-7C11D2FF8A53.jpeg)

**Blockstream is the leading provider of both open-source and commercial Bitcoin technologies. They deliver a range of products and services that make the adoption of Bitcoin and peer-to-peer finance easier.**

**The Liquid Network**

![E82DD807AB2744959F07F81A34FCFBDE.jpeg](https://files.peakd.com/file/peakd-hive/shortsegments/uUA4m1OL-E82DD807-AB27-4495-9F07-F81A34FCFBDE.jpeg)

>The Liquid Network is a sidechain-based settlement platform for traders and exchanges. It enables fast and private Bitcoin transactions between users, as well as the issuance of digital assets such as stablecoins and securities.

**Blockstream Green Wallet**

![517B8CC748D44BF0B2A22245CF32AA68.jpeg](https://files.peakd.com/file/peakd-hive/shortsegments/fqyCgFrC-517B8CC7-48D4-4BF0-B2A2-2245CF32AA68.jpeg)



> Blockstream Green is a simple and secure Bitcoin wallet with Liquid support. Send and receive Bitcoin, Tether, and other Liquid assets, all secured by Green’s unique two-factor multisig security and hardware wallet support. Currently available for iOS and Android.

**Blockstream Satellite**

![8EEBBF3D77B64F0190E21964E4ACE454.jpeg](https://files.peakd.com/file/peakd-hive/shortsegments/EIYk4YRt-8EEBBF3D-77B6-4F01-90E2-1964E4ACE454.jpeg)



> Blockstream has taken Bitcoin into space. The Blockstream Satellite network broadcasts the Bitcoin blockchain around the world 24/7 for free, protecting against network interruptions and providing anyone in the world with the opportunity to use Bitcoin.

**Lightening Network**

![35116E13F4DC431AB9123FEB3FEDC391.jpeg](https://files.peakd.com/file/peakd-hive/shortsegments/942yxK9y-35116E13-F4DC-431A-B912-3FEB3FEDC391.jpeg)



>In collaboration with industry leaders, Blockstream is a key contributor to the Lightning Network, an open network built on top of Bitcoin to enable fast, cheap and private microtransactions.

**Elements**

![19182E4510BC432E8C3DA59B074ED817.jpeg](https://files.peakd.com/file/peakd-hive/shortsegments/fvQHueKd-19182E45-10BC-432E-8C3D-A59B074ED817.jpeg)



> Elements is an open source blockchain platform, providing developers with the tools to build their own networks and products. By extending the well-known Bitcoin codebase, developers can quickly roll out working blockchains that support powerful features such as Confidential Transactions and Issued Assets.


As you can see, Blockstream has several technological achievements in the blockchain space, and their greatest skill is in developing side chains. They were a vital contributor to the development of the Bitcoin Lightning Network via development of the side chain, which was/is the backbone of the Lightening Network. They are partnering with Powerful forces within the cryptosphere to advance Commerce. They are also very invested in development of Non-Fungible Tokens, as a backbone of the development of commerce in video games and beyond.

The history of the blockchain is being written now, history is occurring around us. The future of blockchain based, cryptocurrency reward games is occurring now.

@shortsegments

Photo Credits
[Source](https://www.blockstream.com/)

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