28 Jun '16, 11am

Bitcoin to Gain Ethereum's Functionality Through Counterparty, Launch by Autumn - CoinTelegraph

Bitcoin to Gain Ethereum's Functionality Through Counterparty, Launch by Autumn - CoinTelegraph

Counterparty is to launch Ethereum’s Virtual Machine on testnet in two weeks, with a mainnet launch estimated around Autumn 2016, bringing Ethereum’s smart contract functionality to Bitcoin. Counterparty’s EVM is 99% the same as Ethereum’s, according to sources, and has 85% test coverage, higher than Ethereum’s python core library, Pyethereum , according to a press release. Response to the DAO hack Responding to the recent DAO debacle , the press-release emphasises that Counterparty’s work on an EVM port continues as planned, but a new bylaw has been implemented. The press-release says: “[F]orbids the Counterparty development team from publishing code to fork and/or roll-back the network as a response to bugs in specific smart contracts. (Where the fault is due to a bug in the underlying EVM -- and not any specific smart contract that runs on it -- the development team wil...

Full article: http://cointelegraph.com/news/bitcoin-to-gain-ethereums-f...

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