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Topic: How do Liquid boxes work? (Read 431 times)

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Activity: 4270
Merit: 1209
I support freedom of choice
February 16, 2016, 12:03:30 AM
#1
https://bitcoinmagazine.com/articles/blockstream-to-launch-first-instant-settlement-sidechain-for-bitcoin-exchanges-1444755147
Quote
Instead, some of the companies using Liquid will act as as functionaries that validate transactions for each other using tamper-resistant hardware boxes with a special software stack embedded.
And also:
https://blockstream.com/2015/11/02/liquid-recap-and-faq


So Liquid has a software part and a hardware part.

After reading these informations, it isn't clear to me how these boxes work:
- Do they need to be updated?
- Do they need to be updated at every hard fork?
- Are them updated manually?
- Are them nodes?
- Are them connected to nodes? (even just one)


It seems that they support large blocks, but how and when it isn't clear.
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