In a media release, Counterparty‘s core developer Ruben de Vries said that the initiative is aimed at “pushing Bitcoin functionality forward by porting innovative features from the Ethereum project to the Bitcoin blockchain.”
Does it mean the Ethereum can be replaced?
Topic: [2016-06-09] Counterparty Announces Ethereum Virtual Machine for Smart Contracts (Read 270 times)
June 09, 2016, 11:19:22 AM
June 09, 2016, 03:12:36 AM
The Counterparty Foundation, the non-profit organization that has developed and which oversees the Counterparty protocol and ecosystem, has announced the Ethereum Virtual Machine (EVM) port which will provide users with the ability to develop and deploy Ethereum-style smart contracts on the Bitcoin blockchain.
The EVM, set to be implemented within a month following additional testing, will allow users to create and deploy smart contracts on the Bitcoin blockchain for use in a number of applications such as decentralized autonomous organizations (DAOs), programmatic escrow services, identity systems, social networks, consensus building tools for voting, among others.
http://coinjournal.net/counterparty-ethereum-virtual-machine-smart-contracts-bitcoin-blockchain/
The EVM, set to be implemented within a month following additional testing, will allow users to create and deploy smart contracts on the Bitcoin blockchain for use in a number of applications such as decentralized autonomous organizations (DAOs), programmatic escrow services, identity systems, social networks, consensus building tools for voting, among others.
http://coinjournal.net/counterparty-ethereum-virtual-machine-smart-contracts-bitcoin-blockchain/
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