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DLCs On Lightning Open The Door For Bitcoin Smart Contracts

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The first successful discreet log contract has been executed on the Lightning Network by creating a new type of transaction when opening a Lightning channel.

The below is a direct excerpt of Marty's Bent Issue #1286: “The first mainnet DLC on Lightning has been executed.” Sign up for the newsletter here.

Transaction graph showing how the DLC was executed
via Crypto Garage

It's been exactly 11 months and two days since we wrote about discreet log contracts (DLCs) in this rag. For those of you who are a bit rusty or completely ignorant in regards to what a Discreet Log Contract is, it is a special type of bitcoin transaction that executes a smart contract with information provided by an oracle.  Read more...

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Crypto Scam Report Shows Web3 Experienced 15 New Fraudulent Smart Contracts

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Solidus Labs functions to carry out crypto operations based on the crypto-native T3 (Triple T) market integration solutions (MIS). These market solutions include threat intelligence, monitoring of transactions, and trade surveillance.

Its primary mission is to ensure the safety of crypto transactions and investments throughout all decentralized finance (DeFi) and centralized markets. Solidus Labs, situated in New York, United States, began its actions in 2017.

In the meantime, there are about 12 leading blockchains under the company’s radar to detect possible theft or fraudulence cases. The need to monitor and carry out threat surveillance in the crypto industry is necessary, considering the high possibility of scams.  Read more...

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Ripple Launches Test Phase For Ethereum Based Smart Contracts On The XRPL

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Back in September, David Schwartz, the Chief Technology Officer (CTO) of Ripple and one of the original architects of the XRP Ledger, presented his thoughts on an Ethereum Virtual Machine (EVM) sidechain. His idea was to enable the execution of Ethereum smart contracts on the XRP Ledger (XRPL) and thus lower the entry barriers for developers.

Today, the XRPL ecosystem is one step closer to achieving this goal. As reported by Mayukha Vadari of RippleX Developers, Peersyst has now implemented and published the first phase of the EVM sidechain for the XRPL on the XRPL Devnet. This allows developers to use the widely used Ethereum programming language Solidity and bring it to the XRPL.  Read more...

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Soroban Receives $100 Million To Accelerate Stellar Smart Contract Adoption

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Stellar Development Foundation (SDF), a non-profit organization focused on the growth of Stellar blockchain, has launched a $ 100 million fund to accelerate native smart-contract adoption. Soroban, the smart-contract platform that builds on the Stellar network, will incentivize funds among developers to create new tools and applications for better network performance.

Opposite to the current market situation and the worse stance of the law enforcement sectors, blockchain developments continue to make headlines almost daily. Once the crypto winter starts fading, the increasing number of developments in the blockchain space might be attributed to skyrocketing crypto prices to new highs.  Read more...

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MetaFi the CoinEx Smart Chain: Join the Second CSC Hackathon for a Wonderful Summer

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CoinEx Smart Chain (CSC), a public chain created by CoinEx Exchange, is a decentralized financial ecosystem featuring EVM compatibility, PoS consensus, high efficiency, and low fees. The CSC ecosystem now covers projects that focus on a wide range of fields, including Web 3, DeFi, gaming, NFT, and social media. Moreover, CSC allows projects to accommodate millions of users.

Recently, CSC announced that “MetaFi the CoinEx Smart Chain”, the second CSC Global Hackathon, will kick off on Aug 10 and end on October 28, lasting 11 weeks. Submit your project any time before October 14 and win the $ 100,000 prize!  Read more...

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Community Funding and Bringing Smart Contracts to BCH in the Weekly Update From Bitcoin.com

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Community Funding and Bringing Smart Contracts to BCH in the Weekly Update From Bitcoin.com

The Bitcoin Cash community is working to raise funding for developers and a new programming language is bringing smart contract functionality to BCH. Watch these and other developments discussed in this week’s video update on Bitcoin.com’s Youtube channel.

Also Read: How to Check Bitcoin Cash Transactions With a Block Explorer

Bitcoin Cash Developers Talk Programmable Money in Bitcoin.com’s Weekly Video Update

This week’s show focuses on the development of Cashscript, a high-level software language allowing for unique decision-based transactions on Bitcoin Cash. Among other issues, the main creator of this tool, Rosco Kalis, discusses the similarities to Ethereum development and how it can make the BCH ecosystem more accessible to programmers.  Read more...

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Cashscript Is Coming, Bringing Ethereum-Like Smart Contracts to Bitcoin Cash

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Cashscript Is Coming, Bringing Ethereum-Like Smart Contracts to Bitcoin Cash

On May 27, the analytics and data web portal Coin Dance announced the team has added the Cashscript project to the website’s development tracker. Cashscript is a high-level language that enables basic smart contract functionality on the Bitcoin Cash (BCH) network.

Also Read: Crypto Assets Outshine Most Traditional Investments in 2019

Meet Cashscript: A High-Level Programming Language for Bitcoin Cash

Smart contract functionality is coming to the Bitcoin Cash network, which will allow developers to not only use the peer-to-peer cash as a medium of exchange, but also execute unique decision-based transactions. This week, data website Coin Dance added a new project called Cashscript to the site’s development tracker so BCH supporters can get a glimpse of this concept.  Read more...

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Intelligent Mobility initiative by University of Nevada, Reno selects Filament’s blockchain IoT technology for autonomous vehicle smart city project

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Intelligent Mobility initiative by University of Nevada, Reno, selects Filament’s blockchain IoT technology for autonomous vehicle smart city project
The Intelligent Mobility initiative by the University of Nevada, Reno has selected complete enterprise blockchain Internet of Things (IoT) solutions provider Filament’s blockchain IoT technology for autonomous vehicle smart city project. The selection will see Filament develop a new standard founded…

The post Intelligent Mobility initiative by University of Nevada, Reno selects Filament’s blockchain IoT technology for autonomous vehicle smart city project appeared first on CoinReport.

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Microsoft Azure Now Supports RSK Smart Contracts

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Microsoft Azure

RIF Labs has announced the integration of its public blockchain, RSK Smart Contracts, on Microsoft's Azure Marketplace. The RSK Smart Contract Network is an open-source platform that seeks to extend the functionality of Bitcoin using smart contracts and the Azure Marketplace is an app store for Microsoft’s cloud computing service.

Prior to the integration, RIF Labs customers had to deploy local servers while manually setting up and maintaining nodes for running the blockchain. With the addition of RSK Smart Contracts on the marketplace, users can have an RSK blockchain network set up in minutes via Azure.  Read more...

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Nike (NKE) Debuts Its First Smart Shoe on Twitch

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Nike (NKE) revealed its new sneaker on Tuesday using FreshStock, Twitch’s live show celebrating sneaker culture. The new shoe was revealed to be the Nike Adapt BB, Nike’s first smart shoe designed for on-court performance. The $ 350 Nike Adapt BB delivers a consistent, customized fit that’s unique to every basketball player, boosted by the Nike Adapt app, […]
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Smart Contracts are What is Needed for Alternatives to Patreon: Craig Wright

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The chief scientist of blockchain firm nChain, Craig Wright, has indicated that Bitcoin could one day emerge as a major means of making automated payments for subscription services, similar to Patreon. Asked by YouTuber ‘Philosophie Workout’ whether it would be possible to pay for subscription services such as Patreon on a regular basis, Wright answered

The post Smart Contracts are What is Needed for Alternatives to Patreon: Craig Wright appeared first on CCN

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Bitcoin.com’s Oracle Aims to Bolster BCH-Powered Smart Contracts

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Bitcoin.com’s Oracle Aims to Bolster BCH-Powered Smart Contracts

Bitcoin.com is pleased to unveil plans to offer one of the world’s first oracles for smart contracts on the Bitcoin Cash (BCH) blockchain. The autonomous feature will allow specialized prediction markets and decision-based transactions for sports scores, political results, and market exchange rates.

Also read: How to Spend and Give Bitcoin Cash Over the Holidays  Read more...

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Op-Ed: Defrauded Municipalities Demonstrate Use Case For Smart Contracts

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In June, Galveston County (Texas) discovered that it had paid over $ 525,000 to someone it didn’t owe money to, a scam artist posing as a representative of a firm doing work for the county. The author contends this would be nearly impossible in a system of smart contracts described herein. The scammer used social engineering

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COVA, a Promising Smart Contract of Data, Proudly Announced Partnership with BitMax.io (BTMX.com)

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This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned

The post COVA, a Promising Smart Contract of Data, Proudly Announced Partnership with BitMax.io (BTMX.com) appeared first on CCN

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Cardano Founder Charles Hoskinson Explains Why ADA’s New Smart Contract Tools are a Boon for Fintech

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IOHK, a leading blockchain research and development firm, announced two tools developed by a world-leading team for writing smart contracts for the Cardano blockchain. The apps are called Plutus and Marlowe and were launched in test format at the first PlutusFest conference in Edinburgh, Scotland. These powerful tools will enable start-ups, the financial services and

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BitMart Announces Partnership with CertiK in Blockchain Security and Smart Contract Auditing

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This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned

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Express Your Gratitude With Bitcoin.com’s New Smart Tip Generator

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Express Your Gratitude With Bitcoin.com's BCH Tip Generator

Bitcoin.com has launched a new service that provides anyone with the ability to generate customized bitcoin cash (BCH) tips. Users can fund printed tip cards and show people that they appreciate their services by tipping them in BCH. Moreover, any funds that go unclaimed are returned to the owner after a specified expiration date.

Also read: Korean Incoming Minister Confirms Crypto Taxation Plans  Read more...

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Ardor Lightweight Contracts: Since Existing Smart Contracts Are Not so Smart

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This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. One thing has held true for more than five years – while the market goes up and down and over-funded market leaders delay upgrades, the teams behind Bitcoin,

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