TagSmart Contracts

Bitcoin on the Ethereum Blockchain? Welcome to 2019

Ethereum

We all know what BTC, BCC, and ETH are. But new to the reader may be symbol WBTC – short for “wrapped Bitcoin,” which will essentially be a token on the Ethereum blockchain tied directly to the value of Bitcoin. A combined effort of Kyber Network, Republic Protocol and BitGo, the token will have two important effects on cryptocurrency. First, it will enable Bitcoin to participate in Ethereum...

New Protocol Lets EOS dApps 'Teleport' Tokens from Ethereum

EOS ethereum

Arguably the most important contribution of Ethereum is the real-world implementation and accessibility of smart contracts. From smart contracts follow decentralized applications or “dApps,” which enable common users to interact with financial and other purposes of the blockchain without necessarily needing to be cryptocurrency savvy. So many smart contracts and dApps have been launched on the...

Peer-to-Peer Bitcoin Exchange Hodl Hodl Implements Multisignature Contracts

bitcoin cryptocurrency

One of the oldest mantras in Bitcoin trading is: “never leave your coins on the exchange.” This wisdom is borne of the experience of Mt. Gox traders who lost many millions of dollars in Bitcoin over four years ago. Yet, better than never leaving your coins on an exchange is never placing them in the custody of the exchange in the first place. For the most part, exchanges have not conveniently...

UK Govt. Researches Use of Blockchain Smart Contracts In Law

ATBCoin

The UK Law Commission is in the process of codifying the use of smart contracts into British law as part of an ongoing effort to update British law and make it relevant to of the challenges of modern technology. This was revealed in the Commission's 52nd annual report covering  the period from April 1, 2017 to March 31, 2018. According to the report, a proposal to create an effective legal...

Ethereum Smart Contracts only Good in ‘Kangaroo Courts’: NYU Prof. Nouriel Roubini

nouriel roubini bitcoin crypto blockchain

New York University (NYU) professor Nouriel Roubini is famous for his bearish economic prognostications, but in the cryptocurrency community “Dr. Doom” is better known for his utter disdain for all things blockchain -- and the colorful manner in which he elucidates this distaste. In this latest episode, Roubini turned his attention to smart contracts, which predate the advent of cryptocurrency...

Ethereum Client Parity Adds Support for Encrypted Smart Contracts

parity

Ethereum client Parity has added support for on-chain private transactions in its latest software update, providing developers with the ability to create and deploy encrypted smart contracts. Released on Tuesday, Parity 1.11.1-beta introduces several new features to the software client, which remains popular even though several bugs in Parity’s multisig smart contract libraries have given the...

Bitcoin Cash Hard Forks to Raise the BCH Block Size [Again]

bitcoin cash hard fork

Today Bitcoin Cash activated a hard fork that will increase the BCH block size from 8MB to 32MB and add new OP codes to the codebase. Bigger Blocks Initially announced November 2017, the upgrade began at 12:00:00 UTC when the hard fork was initialized. As CCN reported back in April, the fork includes the addition of OP codes, which allow smart contract capabilities. However, the whopping increase...

Delaware Governor Signs Blockchain Regulation Bill into Law

Blockchain

The governor of Delaware has officially signed a bill into law that recognizes the trading of stocks on the blockchain. In April, the Corporation Law Section of the Delaware State Bar Association (DSBA) had approved Delaware Law Amendments with the intention of delivering statutory authority for businesses in the state to use the blockchain to maintain corporate records. Passing the House at the...

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