Counterparty Tests Ethereum Smart Contracts on Bitcoin Blockchain

[kreslik.news]

Counterparty core developers have successfully tested smart contracts taken from the Ethereum code-base on their systems, thus making an Ethereum Virtual Machine port for the Bitcoin blockchain.

The Counterparty protect was created in 2014 to bring Ethereum’s smart contract capabilities to the Bitcoin blockchain, allowing holders of the most widely used cryptocurrency to securely write their own smart contracts. The idea is that Bitcoin will be better for contracts because of its wider adoption, while at the same time this will help save it from being disrupted or overtaken by Ethereum.

Counterparty Core developer, Ruben de Vries, writes that what remains is a test coverage for the deeper ... (read more)