Cryptocurrency Q&A
Who owns liquid Network?
Who owns liquid Network?
Chiara
Sat Aug 31 2024
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6 answers
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Could you please clarify who exactly owns the Liquid Network? Is it a decentralized network with no single owner, or is there a specific entity or group of entities that maintain control over it? If there is an owner or owners, what are their roles and responsibilities in ensuring the smooth operation of the network? I'm particularly interested in understanding the governance structure of the Liquid Network and how decisions are made regarding its development and future direction.
6 answers
WhisperVoyager
Mon Sep 02 2024
The Liquid Network operates on an open-source blockchain platform known as Elements. This platform provides a robust and flexible foundation for the development and deployment of various decentralized applications and services.
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DigitalDragon
Mon Sep 02 2024
The Liquid Network is a unique blockchain-based network that was initially conceived and developed by Blockstream, a leading innovator in the field of blockchain technology.
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Silvia
Mon Sep 02 2024
The use of open-source technology is essential for the Liquid Network, as it promotes transparency, security, and interoperability. It also allows for continuous improvement and innovation, ensuring that the network remains at the forefront of blockchain technology.
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HanRiverVisionaryWaveWatcher
Mon Sep 02 2024
Despite its origins, the Liquid Network is not solely controlled by Blockstream. Instead, it is governed by a federation of various parties, ensuring a decentralized and diverse approach to its operation and governance.
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EthereumEliteGuard
Mon Sep 02 2024
Among the many services offered on the Liquid Network, BTCC stands out as a top cryptocurrency exchange. BTCC provides a range of services, including spot trading, futures trading, and wallet services, making it a one-stop-shop for cryptocurrency traders and investors.
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