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

Best Cryptos to Buy Today: Qubetics Presale Hits $2.7M, MicroStrategy Falls After Bitcoin Price Dips, and Ethereum Heist Involves North Korean Hackers

Best Cryptos to Buy Today: Qubetics Presale Hits $2.7M, Bitcoin Price Dips, and Ethereum Heist…

3 hours ago

WIF Set to Overtake BONK? Lunex Soars with 100x Potential in Altcoin Season

As altcoin season heats up, all eyes are on the rising stars—especially Lunex, which is…

12 hours ago

Binance Coin Price Dips: BNB Holders Rush To Lunex Presale To Hedge Their Long Positions

While the broader market witnessed a notable upward movement, Binance Coin (BNB) experienced a decline…

12 hours ago

Crypto Stalwarts Forecasted 800% Growth in Innovative Projects: VeChain, Rollblock and Polkadot!

This blazing crypto bull run has investors looking for the next top altcoins set to…

12 hours ago

Dogecoin Price Set To Recreate 36,000% Rally From 2021 After Pennant Formation

The Dogecoin price is back in the limelight, captivating the crypto world with its recent…

13 hours ago

Is XRP About to Explode? How Trump’s Victory Is Affecting XRP Price Amidst JetBolt Growth

Ripple’s XRP showed a 68% price increase in the last 7 days following Trump's victory,…

13 hours ago