The Liquid Network, a sidechain protocol developed on top of the Bitcoin blockchain network, is facing an issue with block signing related to a recent functionary upgrade, the developers team said on Twitter.
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While funds — according to the developers — are unaffected and safe, over 3390 L-BTCs (liquid bitcoins) have been blocked on the sidechain. As of press time, Liquid's mempool has grown up to 0.59 MvB.
The Liquid Network team says it is "aware of an issue" and is working to resolve it as soon as possible. Last September, Blockstream, a blockchain technology company, launched its own open-source bitcoin-focused digital storage called the AQUA Wallet. The wallet allows users to store bitcoin (EXANTE: Bitcoin), liquid bitcoin, tether (USDT), L-CAD, and other Liquid-oriented assets.
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