Sidechains are new blockchains which are backed by Bitcoins,
via Bitcoin contracts, just as dollars and pounds used to be backed by cold hard gold.
Not exact matches
That being said, VanEck will reportedly provide the pricing data for an upcoming
bitcoin futures
contract to be made available
via the Nasdaq exchange.
Upon expiry of a futures
contract, the settlement is either physical, in the case of commodities, or
via a cash settlement in the case of
Bitcoin, though the futures
contracts are likely to change hands on numerous occasions before expiry.
Traders not only will be able to participate in
Bitcoin's price increase
via long positions in the
Bitcoin futures
contract, they can also play the short side or hedge against outright
Bitcoin positions.
In the last couple of days a smart
contract start - up (which also offers an AI assistant) has raised 5,098
Bitcoins» worth of capital, which is approximately $ 11,134,732, by selling its own digital currency or «token» on the open market
via an ICO (an Initial Coin Offering).
RSK is the first open - source smart
contract platform with a 2 - way peg to Bitcoin that also rewards the Bitcoin miners via merge - mining, allowing them to actively participate in the Smart Contract rev
contract platform with a 2 - way peg to
Bitcoin that also rewards the
Bitcoin miners
via merge - mining, allowing them to actively participate in the Smart
Contract rev
Contract revolution.
To that end, the firm last year raised a $ 1m seed round and gathered 25
bitcoin startups included Bitfinex, BitPay, Bitstamp, BTCC and Xapo to commit to helping develop
bitcoin smart
contracts via its sidechain solution.
Mazurek pointed out that
bitcoin can not currently be used for margin payments of futures
contracts, which explains the use of and WB21 to facilitate payments
via acceptable currencies.
In short, through the ACES Project (Ark
Contract Execution Services) the ARK network can interact freely with
Bitcoin, Ethereum and Litecoin blockchains
via its genius SmartBridge technology, giving ARK the immense power to utilise their features, such as Smart
Contracts which are the bread and butter of the Ethereum Network.
Rootstock is the first open - sourced smart
contract platform with a 2 way peg to
Bitcoin that also rewards miners
via merge mining, allowing them to actively participate in the smart
contract revolution.
The Plantoid feeds on
bitcoins and reproduces
via a smart
contract.
Bitcoin Atom implements Atomic Swaps that are currently implemented
via Hashed Timelock
Contracts (HTLC) on - chain, and potentially
via Lightning Network (LN) off - chain, which enables exchange crypto assets directly between blockchains without middlemen involved.
Unlike
Bitcoin, Ethereum is a platform - based technology, which allows for several tokens and decentralized Applications (called dApps) to create smart -
contract products
via Ethereum's blockchain.
During the third annual Blockchain &
Bitcoin Conference, Russian developer Sergei Lonshakov demonstrated the work of his «drone employee,» that is, a drone operated
via a smart
contract.