Rootstock Launches New Testnet ‘Turmeric’
Turmeric, the Rootstock test network for smart contracts, is now released. Rootstock (RSK) founder Diego Gutierrez and team members launched the platform at the Latin America Bitcoin & Blockchain Conference (laBITconf), on November 4 in Buenos Aires, Argentina. Powering Smart Contracts With Bitcoin. Rootstock is the forerunner of an open-source,....
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Turmeric is the RSK testnet network that offers developers and business solution creators a fast, decentralized, bitcoin-secured ecosystem to test any smart contract application and tool they can dream of. RSK Lab, a.k.a Rootstock, released Turmeric on 23 November 2016. Turmeric: Smart Contracts on Bitcoin. RSK is the only Turing-complete platform to run....
Sergio Lerner, the well-known blockchain and cryptocurrency security expert who is also part of Rootstock, was present at LaBitConf Mexico yesterday. While at the event, he released the white paper titled RootStock Platform - Bitcoin Powered Smart Contracts. In an interview with a NewsBTC representative, he explains about RootStock, its comparison with Ethereum and Bitcoin, and also its security features. While explaining about the platform, Sergio made it clear that RootStock is not a fork of Ethereum, as many tend to believe. The development of RootStock had begun almost a year before....
Sidechains have been the talk of the town in Bitcoin Land lately, and a few of them are starting to make mainstream media headlines. One organization like the Rootstock team is implementing the Turing capabilities of Ethereum and the power of the Bitcoin blockchain within its framework. With Rootstock, the protocol uses sidechain abilities to integrate 2.0 applications to its user base with Bitcoin as its fuel. Diego Gutierrez Zaldivar, co-founder of Rootstock believes Bitcoin is mature and the ideal currency to use with its system. The team is currently in talks with The World Bank Group....
Rootstock, a P2P platform based on the block chain that implements smart contracts using the capabilities of Ethereum with the transparency and security of the bitcoin network, is negotiating with the World Bank and some Latin American banks to provide microlending for the unbanked, according to the International Business Times. Rootstock hopes to give banks the means to issue loans from smart contracts. Rootstock combines the capabilities of Ethereum with the bitcoin network's transparency and security by using sidechain technology. Bitcoin serves as the fuel that runs the smart contract.....
Rootstock is now available on seven of Jaxx’s platforms. Anthony Di Iorio, CEO of Jaxx, announced the Rootstock integration at the Latin America Bitcoin and Blockchain Conference (laBITconf), on 5 November, in Buenos Aires, Argentina. Enhancing the Bitcoin Ecosystem. According to Jaxx’s press release, “Jaxx becomes the first blockchain wallet to effect....