Liquid Network, the Bitcoin sidechain developed by Blockstream, has started an independent external security audit of Elements v23.3.4, according to an official announcement cited by ChainCatcher. The audit is intended to add another layer of security verification before Peg-out operations are restored.
At the same time, the Liquid Federation is coordinating an update to the PAK list. That work includes replacing existing key entries and making sure all Peg-out keys are securely stored in cold wallets. The announcement did not give a specific timeline for the resumption of Peg-out activity, but said further progress updates will be released later.
The latest move centers on operational security around Liquid’s withdrawal mechanism and shows that both code review and key management are being handled in parallel before services are brought back.
Liquid Network, the Bitcoin sidechain developed by Blockstream, has launched an independent external security audit of Elements v23.3.4, according to an official announcement cited by ChainCatcher. The review is meant to provide additional security verification ahead of the restoration of Peg-out operations.
At the same time, the Liquid Federation is coordinating updates to the PAK list, including the replacement of existing key entries, while also making sure that all Peg-out keys are securely stored in cold wallets. The official statement said more updates on the restoration process will be released later.
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