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Soon there will be another network that allows people to tokenize BTC in order to leverage the underlying blockchain’s speed and fees. On September 24, Bitgo, the custodian of the Wrapped Bitcoin project (WBTC), the most popular tokenized BTC platform to-date, announced a partnership with Tron. Members of the crypto ecosystem will soon be able […]
The post Bitgo Plans to Launch Wrapped Bitcoin on the Tron Blockchain appeared first on Bitcoin News.
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Years ago when the Bitcoin network started suffering from higher fees and congestion, a number of bitcoiners advocated the use of sidechains in order to relieve the main chain’s duties. However, they didn’t realize that the Ethereum network would solidify its role as Bitcoin’s main sidechain during the last year. Five years ago, bitcoiners relentlessly […]
The post Tokenized BTC Crosses $1B Notional: Ethereum Cements Role as Bitcoin’s Main Sidechain appeared first on Bitcoin News.
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Ethereum 2.0 will lose the first-mover advantage its first iteration had. How does it stack up against the extensive competition in 2020?
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Renowned researcher believes that Satoshi was altruistic and thus will never spend his 1.1 Bitcoins, making it the fairest asset.
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Governments all over the world are working on improving and streamlining their existing processes and infrastructure. Blockchain technology will play an increasing role of importance in this regard. Growing Adoption of Blockchain Technology Various governments around the globe are currently exploring their options in the blockchain space. Rather than looking at established technology companies, it appears that diversification is taking place at this time. This state of affairs is a logical evolution of the seemingly hesitant approach governments have taken when it comes to distributed ledger technology over the past few years. Streamlining existing processes and infrastructure is needed in
The post Global Governments are Tapping Blockchain Technology to Streamline Infrastructure appeared first on The Merkle News.
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While decentralized finance (defi) solutions have grown popular on the Ethereum blockchain, developers have recently created similar systems by leveraging BTC’s network. A project called Atomic Loans claims to offer a noncustodial bitcoin-backed stablecoin solution, while Money on chain a new smart contract built on the RSK protocol, also offers a stablecoin token. An Attempt […]
The post Stablecoins and Crosschain Loans: 2 Projects Attempt to Bring Defi Solutions to Bitcoin appeared first on Bitcoin News.
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In a 2018 report on blockchain technology, Deloitte identified five vectors of progress for promoting adoption. Topping the list was the need to enhance performance and interoperability. Ultimately, Deloitte concluded, “Help is on the way as a growing number of industry participants work to enable cross-blockchain transactions, interconnectivity, and standardization.” When it comes to decentralized finance (DeFi), that prediction is increasingly coming to fruition as RSK, a Bitcoin-based smart contract and DeFi platform, announced the successful launch of its RSK token bridge that connects its Bitcoin-powered smart contracts with Ethereum’s popular network. Decentralized finance is proving to be an important
The post RSK Brings DeFi Interoperability to Bitcoin & Ethereum; Launches New Bridge appeared first on The Merkle Hash.
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IOVLabs CEO Diego Gutierrez Zaldivar sat down with Cointelegraph to talk about crypto and blockchain’s role in improving financial inclusion
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RSK, the Bitcoin smart contracting platform powered by IOV Labs, has unveiled a $200,000 fund to spearhead application development. The grant program will be made available to dApp developers interested in building upon the smart contract network, whose security is anchored to the Bitcoin blockchain. The funds earmarked for enterprising projects will stimulate third party development work as RSK looks to position itself as a leading launchpad for decentralized finance applications. Operating as a Bitcoin sidechain, RSK provisions an array of tools including data storage and name service, as well as libraries which developers can build upon. The RSK ecosystem
The post RSK Unveils $200,000 Dapp Developer Program appeared first on The Merkle Hash.
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Cointelegraph en Español spoke with Henry Sraigman, South-East Asia Regional Director of RSK, about the future of his company
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