Sidechains

Ethereum’s First Production Scaling Project Is Here – But With a Catch

A TechStars-incubated startup has launched what looks like the first production-ready platform designed to increase the capacity of ethereum. Called Loom Network, the little-known company is today releasing a developer toolkit that makes it possible to deploy scalable ethereum apps on the second-largest cryptocurrency network, effectively leapfrogging ongoing efforts such as Raiden Network and Plasma. For network users, the timing of the release couldn’t be more welcome. Scaling has long been top of mind for stakeholders of major cryptocurrencies, and on [...]

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Bitcoin Startup RSK to Launch Smart Contracts Sidechain in 2017

One of the most-anticipated Bitcoin projects is planning a live network launch later this year. Revealed in an interview with CoinDesk, startup RSK aims to soon go live with technology that will bring smart contract functionality to Bitcoin in the form of an interoperable sidechain. According to RSK co-founder and chief scientist Sergio Lerner, with the formal launch, users will be able to use ethereum-like tools on Bitcoin for the first time. As profiled by CoinDesk, sidechains allow for tokens [...]

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