Categories: News

BTCS launches new Ethereum pilot program for the platform

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.”

Related Post

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.

If you liked this article follow us on Twitter@themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

Source: BTCS PR

Daniel Dob

Daniel is a bitcoin investor and journalist for numerous news outlets in the financial sector. When he's not writing, trading, or interviewing people, you can find him swimming, reading or taking one of his hobbies to the next level.

Share
Published by
Daniel Dob

Recent Posts

Standard Chartered and Coinbase Deepen Institutional Crypto Partnership

Standard Chartered and Coinbase are pushing their institutional crypto relationship into a new phase. On…

5 hours ago

OKX Breaks Silence on MANTRA Incident as Evidence Points to Coordinated Market Manipulation

OKX has issued a detailed public statement addressing the events surrounding the MANTRA (OM) market…

6 hours ago

Ethereum Proposes ERC-8092 to Solve Onchain Identity Fragmentation

Ethereum is preparing a deep structural upgrade. Not to gas fees. Not to throughput. To…

1 day ago

Pyth Network Activates Token Buybacks as Real Revenue Crosses $1M ARR

Pyth Network is taking a decisive step toward sustainable value accrual. The oracle network announced…

2 days ago

Tether Makes €1B Play for Juventus , Exor Shuts the Door

Tether has made one of the boldest moves yet by a crypto-native company into legacy…

2 days ago

10 Trusted Cloud Mining Platforms to Earn Free Bitcoin Daily in 2026

  Cloud mining continues to gain massive traction as 2026 inches closer. In tough economic…

3 days ago