This effectively is a step toward decentralization of exchange services and better consumer protection.
A fantastic contribution to the community by Blockstream. In any other context this would have been looked at as a home run of ingenuity and technical abilities but sadly trolls with no morals persist in their foul manners and attack some of the most productive individuals in this space.
Is this your final form yet?
Blockstream getting paid to keep transactions off the main chain. I can't beleive nobody saw it coming!
Fantastic and decentralised aren't the first things that spring to mind.
Oh, not you
You've turned into a brainless blockstream antagonist as well?
What exactly is so hard to understand about the main chain not being able to accommodate certain use cases?
These companies' operations were already heavily centralized and their customers funds' administered under a single database.
Blockstream proposes a solution to an industry demand for better liquidity and does so by distributing the trust amongst participants so as to eliminate single points of failure.
For very obvious reasons these transactions would've never hit the main chain anyway.
Liquid provides institutions & their customers better privacy, increased inter-operability as well as improved security & liquidity. A win/win for exchanges & users
