Lightning Hood Weekly Round-Up For The Past Week In Bitcoin, June 24–30, 2019

Major Headlines 1.) JPM is looking to start consumer trials of its cryptocurrency. The coin will function as a stablecoin, with fiat cash being deposited at the bank in exchange for the token, which can then be transferred via a permissioned distributed ledger. The recipient can later redeem the token for cash from JPMorganJPMorgan to Start … Read more

Maxwell Eyes Bitcoin Smart Contracts

One of bitcoin’s most respected developers, Gregory Maxwell, is returning to his cypherpunk roots with a series of new projects. After nearly four years as CTO of high-profile bitcoin technology startup Blockstream, he’s departed that position to focus exclusively on code. Mainly because, as Maxwell explained in his departure letter, he accomplished what he set out to … Read more

Understanding Simplicity: implementing a smart contract language in 30 lines of Haskell

Source: Medium Last Monday, Chain released our open-source smart contract language for Bitcoin, Ivy. Ivy is a higher-level language that can compile to Bitcoin Script, the low-level language used by the Bitcoin protocol to determine whether a transaction is authorized. Ivy makes it easier for humans to read, write, and use Bitcoin smart contracts. But since it is designed to be … Read more

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