BitPay launched Bitcore last year as a fork from the BitcoinJS project. The goal was to give developers another toolset to build Bitcoin projects more easily.
The new Playground aims to make the toolset more accessible by lowering the learning curve. The hope is that ideas based on Bitcore open source projects can more easily come to fruition. BitPay explained:
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“The Playground was designed to be used as an online swiss army knife for everyday technical needs and a guide for anyone looking to use our platform.”
The new tool includes: private key generation and address derivation, BIP32 hierarchical key derivation, P2SH multisig address generation from a set of public keys and transaction building capabilities.
In a tale of the two leading bitcoin payment processors, BitPay and Coinbase share the common ground of providing wallet, vault and payment services. Over the past year, each has carved out a different niche in what is offered in conjunction with those services. BitPay has placed greater emphasis on application development, while Coinbase has been catering more toward the masses with its USD wallet, exchange and API features.