Chances are that you have heard about BTCS, a blockchain company which focuses on various ways of securing the blockchain. This is usually achieved with the help of its very own transaction verification service, which has proven successful across many platforms so far.
According to recent reports, it seems like the company is launching a pilot program, meant to begin securing Ethereum’s blockchain as well. For those that do not know, Ethereum is a blockchain platform and digital currency which focuses on smart contract applications, rather than simply sending funds from one point to another. Based on this, the cryptocurrency’s blockchain allows it to issue transactions with no censorship, downtime, fraud, or interference from third-parties.
As BTCS is an avid believer in the technology, which has managed to grow over 500% in value since it was first introduced, this program will allow them to expand their services to platforms employing Ethereum’s solutions.
In a recent press statement, the CEO of BTCS, Charles Allen stated that: “Like many others, we’re excited for the prospects of Ethereum. While Ethereum is focused on smart contracts, it’s important to note that there are currently numerous companies working on solutions to build smart contracts on bitcoin’s blockchain, leveraging the deep security provided by its more established and secure blockchain.”
Based on everything that has been outlined so far, what do you personally think about this pilot program? Let us know your thoughts in the comment section below.
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Source: BTCS PR