Jaxx Blockchain Wallet Adds Rootstock’s “Smart Bitcoin”

Decentral, developers of the universal blockchain wallet Jaxx, announced the integration of Rootstock’s token RSK “Smart Bitcoin,” into their suite of products. Jaxx is the first 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 wallet to integrate with RSK, giving its users an opportunity to access the testnet version of the token, powered by smart contracts secured by the bitcoin network. The announcement comes as Rootstock officially unveiled their platform.

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The concept of Rootstock is to provide faster bitcoin transactions and larger scalability, with payment confirmations occurring almost instantly. It is an evolution of QixCoin, a turing-complete cryptocurrency created back in 2013 by the same development team. Rootstock will facilitate over 300 transactions per second and confirms Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term in less than 20 seconds. The platform aims to combine the capabilities of Ethereum with existing Bitcoin network, using sidechain technology and a merged mining approach.

CEO of Jaxx Anthony Di Iorio said, “Rootstock’s platform is a remarkable way to enhance the the efficiency of transactions and in turn, the entire bitcoin ecosystem. We’ve seen great interest in their project and we are big fans of the development team. Jaxx is thrilled to add the yellow label version of their coin on our wallets, and look forward to adding the main-net version in the coming months.”

Diego Gutierrez Zaldivar, co-founder of Rootstock commented, “Rootstock is not new in that it inherits intellectual work from previous projects, but what is new, is the way we create economic incentives and the way we leverage on top of the bitcoin security model. Our partnership with Jaxx is a landmark one for us, because they produce full featured, easy to use wallets on more platforms than anyone else.”

The main-net launch of Rootcoin will occur in early 2017.