Today we celebrate Hodl Hodl’s second birthday. In two years our platform made a huge step in multisig adoption and rolled out several important innovations in the Bitcoin space. Here’s a quick recap:
- Multisig: the technology existed long before hodlhodl.com launch, but we’ve taken trading experience to the next level. We’ve become the first non-custodial web-based platform that actually allowed people to use multisig without any additional hussle. Hodl Hodl simplified UI/UX for trading using multisig, and many people globally can see the importance and usefulness of non-custodial trading.
- Baltic Honeybadger is a purely Bitcoin conference first organized by Hodl Hodl in 2017. It was one of the few Bitcoin-only events at that time, and we are happy that our example inspired many bitcoiners globally to organise their own Bitcoin-only events and help us revive Bitcoin-themed events movement. Although Baltic Honeybadger is more of a hobby for us, we believe that education is important in our space and will continue to support it.
- Predictions is our other project launched in 2019 which demonstrated the first non-custodial Bitcoin-only P2P predictions platform — predictions.hodlhodl.com. Since then we’ve improved it a lot, with more important improvements coming this year. Predictions is a unique P2P marketplace that we hope becomes an important part of the Bitcoin ecosystem in the future.
- Trading Platform API that we’ve recently released allows any businesses and/or private individuals to use Hodl Hodl as a liquidity provider. We are one of the few non-custodial trading platforms that actually has an API. With our API anyone can see the bare beauty of the P2P multisig tech.
- Lightning support was launched In June 2019 on the Hodl Hodl trading platform. We’ve become one of the first trading platforms that actually allowed trading through Lightning-channels, not just depositing or withdrawing funds. Although we’ve temporarily removed Lightning from Hodl Hodl in January 2020, we are determined to redesign it and bring it back to our platform and also add Lightning Network support to all of our projects.
What’s coming
The Escrow
During Baltic Honeybadger 2019 we’ve announced our new project — The Escrow Platform. This will be a standalone project that will allow third-parties to create markets for buying/selling products or services that require escrow and execute contracts in those markets using Bitcoin multisig functionality. It would also allow for the creation of standalone contracts with no specific market associated. The Escrow is currently in development and we are going to announce the launch date and describe it in more details in May 2020.
Second layer
In 2019 Hodl Hodl became one of the few trading platforms that allowed the use of Lightning network for trading. We are determined to continue our Lightning developments and we are going to develop Lightning functionality further — as part of Hodl Hodl and as part of our new projects.
Recently, we’ve also started exploring Liquid network, and we hope that in 2020 we’ll be able to share some exciting developments and big news.
Secret project
We like our work. And we like to deliver. Thus we want to keep the pace of delivering new projects — 2 per year — in the same way as we did in 2019 (Predictions + Lightning). Recently we’ve started developing a new unique project for the Bitcoin ecosystem that doesn’t have any direct competitors in space. Although we can’t share much, we can ensure you that this project will be developed with core Hodl Hodl principles in mind — non-custodial and P2P. More news and project announcements in upcoming months.
Opensource
In 2019 we’ve started open sourcing our trading platform. Although we’ve changed some priorities recently, we are determined to complete opensourcing Hodl Hodl in 2020. Some parts of our trading platform are already opensourced and available at hodlhodl.com .
Back in US
Yes, you hear it right. In 2020 part of Hodl Hodl products will become available for US citizens and residents. We are determined to be back in the US as we have a huge amount of followers from this market and enormous amounts of requests. Stay tuned!
Redesign
In a few weeks from now Hodl Hodl team will roll out a new version of our trading platform with not only redesigned UI, but also with some improvements in UX and new features. This will be the first part of our redesign project, with more improvements in the upcoming months. It will then become much easier and much more intuitive to start trading on Hodl Hodl with no prior experience.
Integrations
Thanks to our API, we are currently in the middle of integration with several companies from the industry. We’ve already integrated with yadio.io, BlueWallet and several other integrations are to come soon. Finally, Hodl Hodl will be available directly from the mobile wallet (thanks to BlueWallet’s team!) and P2P trading will become more convenient.
Baltic Honeybadger 2020
In the upcoming weeks we’ll announce the first batch of BH2020 speakers, and ticket sales will start in March. This year we are going to reinvent the BH format, add some great events as part of the Riga Bitcoin Week and surprise you with new names that have never before participated in the conference. One thing for sure — this will be the best Bitcoin-only event of 2020. Don’t miss it!
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Finally, we wanted to thank you all — the Bitcoin community — for being with us through all these years. You are truly an amazing crowd of honest, humble and smart people.
Thank you!
Supported by community,
Hodl Hodl.
