Bitcoin Bigwigs Back RSK Federation as Answer to Ethereum
- Huobi, OKCoin, Bitstamp and many other major Bitcoin and Blockchain firms from around the world support smart contracts.
RSK Lab, whose platform promises to incorporate the smart contracts capabilities of Ethereum within the Bitcoin ecosystem, has announced that it has developed a hybrid security model which incorporates a private Federation integrated by major Bitcoin industry companies.
Take the lead from today’s leaders. FM London Summit, 14-15 November, 2016. Register here!
The new initiative has received support from exchanges and other service providers from around the world including Bitcointoyou, Bitex, Bitfinex, bitFlyer, Bitgo, Bitoasis, Bitpay, Bitso, Bits of Gold, Bitstamp, Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term, Blockchain Intelligence Group, Blocktrail, BTCC, BitKan, Jaxx, SurBTC, CoinBR, Huobi, OKCoin, Paycase, Tether, Unocoin and Xapo.
Wences Casares, CEO of Xapo, commented: “We are very excited about what RSK is doing by bringing Ethereum-like capabilities to the Bitcoin network. This will take the Bitcoin ecosystem to the next level and unveil the endless possibilities of the Blockchain technology.”
The RSK federation will provide additional services for the use of smart contracts including the generation of external security checkpoints and active “oracling” services to gather information from external sources. Federation members will also provide other services to RSK users such as instant peg Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term and multisig services.
“This hybrid security model will be key to promote institutional use cases. We have more than 20 international banks, insurance companies, governments and development agencies that are planning to launch their services over RSK,” stated Diego Gutierrez Zaldivar, RSK Labs CEO.
Additionally announced by the firm, Sergio Lerner, RSK Chief Scientist, is now working with several universities and security experts across the industry to develop smart contract security standards and best practices.
RSK Lab, whose platform promises to incorporate the smart contracts capabilities of Ethereum within the Bitcoin ecosystem, has announced that it has developed a hybrid security model which incorporates a private Federation integrated by major Bitcoin industry companies.
Take the lead from today’s leaders. FM London Summit, 14-15 November, 2016. Register here!
The new initiative has received support from exchanges and other service providers from around the world including Bitcointoyou, Bitex, Bitfinex, bitFlyer, Bitgo, Bitoasis, Bitpay, Bitso, Bits of Gold, Bitstamp, Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term, Blockchain Intelligence Group, Blocktrail, BTCC, BitKan, Jaxx, SurBTC, CoinBR, Huobi, OKCoin, Paycase, Tether, Unocoin and Xapo.
Wences Casares, CEO of Xapo, commented: “We are very excited about what RSK is doing by bringing Ethereum-like capabilities to the Bitcoin network. This will take the Bitcoin ecosystem to the next level and unveil the endless possibilities of the Blockchain technology.”
The RSK federation will provide additional services for the use of smart contracts including the generation of external security checkpoints and active “oracling” services to gather information from external sources. Federation members will also provide other services to RSK users such as instant peg Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term and multisig services.
“This hybrid security model will be key to promote institutional use cases. We have more than 20 international banks, insurance companies, governments and development agencies that are planning to launch their services over RSK,” stated Diego Gutierrez Zaldivar, RSK Labs CEO.
Additionally announced by the firm, Sergio Lerner, RSK Chief Scientist, is now working with several universities and security experts across the industry to develop smart contract security standards and best practices.