Rootstock’s RSK Federation supported by Bitcoin industry for smart contracts security model

Rootstock, the Buenos Aires-based company that combines smart contracts on Ethereum with the security provided by Bitcoin, has announced that a host of well-known crypto firms are joining its federation of validators – the RSK Federation.

The list of companies includes Bitcointoyou, Bitex, Bitfinex, bitFlyer, Bitgo, Bitoasis, Bitpay, Bitso, Bits of Gold, Bitstamp, Blockchain, Blockchain Intelligence Group, Blocktrail, BTCC, BitKan, SurBTC, CoinBR, Huobi, OKCoin, Paycase, Tether, Unocoin, and Xapo. Rootstock said the number of members registered is growing every week.

Sergio Lerner, RSK chief scientist, is working with several universities and security experts across the industry to develop smart contract security standards and best practices. RSK launched its initial Testnet (Lotus) on May 2016, which is currently being tested by a number of selected partners. During Q3, RSK will continue to add new use cases to its platform and additional hashing power to its merge-mining network. The company expects to release its new version of the Testnet (Turmeric) by the end of September 2016

Read more ... source: TheBitcoinNews

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