RATE Group | The latest attempt to bring Bitcoin on the Ethereum blockchain goes live
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The latest attempt to bring Bitcoin on the Ethereum blockchain goes live

26 May The latest attempt to bring Bitcoin on the Ethereum blockchain goes live

Posted at 11:31h in Cryptocurrency News by

  • RenBTC, the latest implementation of Bitcoin on the Ethereum blockchain, appears to have gone live recently.
  • According to Etherscan, there are 1.24 renBTC live on the Ethereum mainnet at the moment. 
  • Kain Warwick of Synthetix recently tweeted that he was the first person to hold a Bitcoin in renBTC.

The latest implementation of Bitcoin on the Ethereum blockchain appears to have gone live recently. According to Etherscan, there are 1.24 renBTC live on the Ethereum mainnet at the moment. A CoinDesk report claims that its part of the Ren smart contract, which has seemingly gone live ahead of its launch.

Kain Warwick of Synthetix recently tweeted that he was the first person to hold a Bitcoin in renBTC. However, Taiyang Zhang, the CEO of the company behind the project, told CoinDesk: 

While the smart contracts have been deployed on Ethereum, RenVM itself is not actually on mainnet. This is because RenVM is a distinct network separate to Ethereum. The final…

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