Liquid is an implementation of a federated sidechain - a blockchain with different features, capabilities, and benefits than the Bitcoin blockchain. The Liquid Network was built to address the particular needs of traders who use exchanges. It enables the rapid, confidential, and secure transfer of funds between participants, providing a solution to the inherent problem of delayed transaction finality on the Bitcoin network. Liquid’s sidechain is built on the Elements codebase and uses Blockstream’s Strong Federation technology to support the 1-to-1 exchange of bitcoin between chains. _The official Liquid Bitcoin ticker is “LBTC” and trades under that name on all the exchanges where it has been listed. The designation “LQBTC” is for CryptoCompare.com only._
