Blockstream plays an important role in the Bitcoin ecosystem by developing innovative technologies that enhance the capabilities of the Bitcoin network. Here are some of the key roles that Blockstream plays:
1. Developing Layer 2 Solutions
: Blockstream is developing solutions such as the Lightning Network that aim to improve the speed and efficiency of transactions on the Bitcoin network, making it more convenient for everyday use¹.
2. Providing Infrastructure Services
: Blockstream provides infrastructure services such as Blockstream Satellite, which allows users to access the Bitcoin network via satellite, enhancing decentralization and ensuring access to the network even in remote areas.
3. Enhancing Security and Privacy
: Blockstream is developing technologies such as Confidential Transactions and Liquid Network, which aim to improve the security and privacy of financial transactions on the Bitcoin network.
4. Contributing to the development of open source software
: Blockstream is a major contributor to the development of open source software that supports the Bitcoin network, helping to improve performance, security, and innovation in the Bitcoin ecosystem.
