• Latest
Coders Are Trying to Connect Bitcoin’s Lightning Network to Ethereum

Coders Are Trying to Connect Bitcoin’s Lightning Network to Ethereum

August 2, 2019
6 Questions for Rene Reinsberg of Celo – Cointelegraph Magazine

6 Questions for Rene Reinsberg of Celo – Cointelegraph Magazine

März 31, 2023
Judge denies SEC motion to keep Hinman docs secret in Ripple case

Judge denies SEC motion to keep Hinman docs secret in Ripple case

März 31, 2023
The ultimate guide to Miami – Cointelegraph Magazine

The ultimate guide to Miami – Cointelegraph Magazine

März 31, 2023
Dr. Jane Thomason – Cointelegraph Magazine

Dr. Jane Thomason – Cointelegraph Magazine

März 31, 2023
1658007797 celsius is bankrupt with 12b balance sheet hole su zhu.jpg

Celsius is bankrupt with $1.2B balance sheet hole, Su Zhu returns to Twitter and OpenSea purges 20% of employees: Hodler’s Digest, July 10-16

März 31, 2023
6 Questions for Lisa Fridman of Quadrata – Cointelegraph Magazine

6 Questions for Lisa Fridman of Quadrata – Cointelegraph Magazine

März 31, 2023
Jed McCaleb empties XRP wallet after eight-year selloff

Jed McCaleb empties XRP wallet after eight-year selloff

März 31, 2023
Celsius has finally filed for bankruptcy: Law Decoded, July 18-25

Celsius has finally filed for bankruptcy: Law Decoded, July 18-25

März 31, 2023
The ‘godfather of crypto’ risked lifetime in jail, laying foundation for Bitcoin – Cointelegraph Magazine

The ‘godfather of crypto’ risked lifetime in jail, laying foundation for Bitcoin – Cointelegraph Magazine

März 31, 2023
SEC objects to XRP holders aiding Ripple defense

SEC objects to XRP holders aiding Ripple defense

März 31, 2023
Blockchain technology is transforming the real estate market – Cointelegraph Magazine

Blockchain technology is transforming the real estate market – Cointelegraph Magazine

März 31, 2023
1658612147 nfts banned in minecraft sec lists 9 tokens as securities.jpg

NFTs banned in Minecraft, SEC lists 9 tokens as securities and 3AC founder blames cockyness for company meltdown: Hodler’s Digest, July 17-23

März 31, 2023
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Tech

Coders Are Trying to Connect Bitcoin’s Lightning Network to Ethereum

coinnewsdaily by coinnewsdaily
August 2, 2019
in Tech
0
Coders Are Trying to Connect Bitcoin’s Lightning Network to Ethereum
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

While bitcoin and ethereum enthusiasts might not always get along, one enterprising gaming startup is attempting to bring the two cryptocurrencies closer together.

Blockade Games announced on July 31 that it has successfully bridged the two networks by sending a bitcoin lightning transaction in such a way that it can cause an ethereum smart contract to run.

Related articles

Bankman-Fried faces down roomful of futures industry insiders at CFTC roundtable

Bankman-Fried faces down roomful of futures industry insiders at CFTC roundtable

Mai 25, 2022
Central African Republic to launch official crypto hub ‘Sango’

Central African Republic to launch official crypto hub ‘Sango’

Mai 24, 2022

The company has run its code on the Rinkeby testnet and plans to deploy it on mainnet (using real ether) in the next couple of weeks, Blockade Gaems CTO Ben Heidorn told CoinDesk.

All of these tests fees into plans to add lightning network support to Neon District, its upcoming roleplaying game built on top of ethereum.

Heidorn explained in a new blog post released Wednesday that it moved forward with the test is because it believes both bitcoin and ethereum will play an important role in the future. (The company believes ethereum, in particular, is the future of “non-fungible assets,” or digital assets that are provably unique from all the others).

The blog post goes on:

“We also believe that bitcoin is the future of money, and many of our players will prefer to hold most, if not all, of their funds in bitcoin. We want to make it possible to serve our biggest supporters and players on the bitcoin network while utilizing all of the infrastructure present on ethereum and other blockchain networks.”

As such, they want users to be able to send lightning bitcoin payments to trigger ethereum events.

“By integrating bitcoin lightning network payments, we are able to accept instant payments in bitcoin directly, and instantaneously kick off a series of events on any other chain, such as minting a brand new Neon District asset to a buyer’s ethereum or Loom Network wallet,” the blog continues.

The code for this unique type of lightning transaction is not yet public, but “we will open it once we’re sure it’s ready and secure for people to pull down and use,” Heidorn told CoinDesk.

Regarding the frequent tension between bitcoin and ethereum enthusiasts, Heidorn argued that the two cryptocurrencies are “two sides of the same coin,” adding:

“When it comes down to individuals maintaining sovereignty, privacy and autonomy, especially as crypto grows in popularity and faces greater social and political attacks, the infighting will be a thing of the past.”

Bitcoin and ethereum coins image via Shutterstock



Credit: Source link

Tags: Crypto Tech
Share76Tweet48
Previous Post

You Can Now Tip On Twitter with Brave’s Basic Attention Token

Next Post

Walmart Wants to Patent a Stablecoin That Looks a Lot Like Facebook Libra

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

Bankman-Fried faces down roomful of futures industry insiders at CFTC roundtable
Tech

Bankman-Fried faces down roomful of futures industry insiders at CFTC roundtable

Mai 25, 2022
Central African Republic to launch official crypto hub ‘Sango’
Tech

Central African Republic to launch official crypto hub ‘Sango’

Mai 24, 2022
South Korean police request exchanges freeze LFG related funds
Tech

South Korean police request exchanges freeze LFG related funds

Mai 24, 2022
Bitcoin stands apart from other crypto, and what that means for US public policy
Tech

Bitcoin stands apart from other crypto, and what that means for US public policy

Mai 22, 2022
Needed: A massive education project to fight hacks and scams
Tech

Needed: A massive education project to fight hacks and scams

Mai 21, 2022
Commonwealth Bank puts crypto trading trial on ice as regulators dither
Tech

Commonwealth Bank puts crypto trading trial on ice as regulators dither

Mai 20, 2022
Load More
Next Post
Walmart Wants to Patent a Stablecoin That Looks a Lot Like Facebook Libra

Walmart Wants to Patent a Stablecoin That Looks a Lot Like Facebook Libra

Kategorien

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • 6 Questions for Rene Reinsberg of Celo – Cointelegraph Magazine
  • Judge denies SEC motion to keep Hinman docs secret in Ripple case
  • The ultimate guide to Miami – Cointelegraph Magazine
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

Please enter CoinMarketCap Free Api Key to get this plugin works.
✕
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev