“People interested in XRP are not interested in Bitcoin,” says Andreas Antonopoulos

Andreas Antonopoulos, the author of Mastering Bitcoin and a well-known Bitcoin proponent, spoke about Blockstream’s Liquid sidechain, the first Bitcoin production sidechain, during a Q&A session on YouTube. Here, the author also spoke about whether there was any competition between Bitcoin’s Liquid sidechain and XRP/ Ripple, with respect to use case.

Antonopoulos started by talking about the Liquid sidechain, wherein he stated that the product was designed by Blockstream, a well-known company in the Bitcoin space that has been a part of numerous projects related to Bitcoin. The initial discussion for a Bitcoin Liquid sidechain solution commenced in 2015.

Here, a sidechain refers to a separate blockchain that is connected to the main chain via a two-way peg, a mechanism that enables assets to be fungible at a predetermined rate.

Reference: https://ambcrypto.com/people-interested-in-xrp-are-not-interested-in-bitcoin-even-through-a-sidechain-says-mastering-bitcoin-author/

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