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Major Bitcoin Firms Invest $1m in RootStock to Take on Ethereum Threat

Posted: Wed Mar 23, 2016 10:15 am
by kreslik.news

It seems that after the meteoric rise of Ethereum, Bitcoin supporters can no longer just try to deny its invitational approach to blockchain and the smart money has decided that if you can’t beat them, join them. Buenos-Aires headquartered RSK Labs has revealed that it raised $1 million to further develop the first smart contracts platform codenamed Rootstock.

The funding round was led by a number of very influential bitcoin firms from around the world including: Bitmain, the Chinese bitcoin hardware mining giant, Coinsilium, the blockchain venture investment fund based in London and Barry Silbert’s Digital Currency Group that ... ([url=http://www.financemagnates.com/cryptocurrency/innovation/major-bitcoin-firms-invest-1m-in-rootstock-to-take-on-ethereum-threat/]read more)