Hyperledger announces Sawtooth Ethereum integration

Hyperledger Blockchain Consortium announces Sawtooth Ethereum (Seth), a Proof Of Concept integration
23 August 2017   2626

Ethereum developers are to have another way to build enterprise-grade implementations of the open-source technology.

Thus, on August 22nd, Hyperledger Blockchain Consortium reported that “simple” smart contracts (EDCCs) can now be deployed to Hyperledger Sawtooth using “Seth,” the Sawtooth Ethereum Transaction Family. Revealed on Hyperledger's website, a proof-of-concept called Sawtooth Ethereum, or "Seth", has been completed. The integration is to enable the use of Ethereum smart contracts on Hyperledger Sawtooth, Intel's addition to the Linux-led consortium's code.

The Seth family consists of a new client, `seth`, that is used to construct and submit transactions to the network and a new transaction processor, `seth-tp`, that runs the Burrow Ethereum Virtual machine. Thanks to the modular design of Hyperledger Sawtooth, getting the Hyperledger Burrow EVM running under Hyperledger Sawtooth was relatively easy. Transaction processors run in a separate process and communicate with the validation process over a network interface. The Hyperledger Burrow EVM code was wrapped in an adapter but was otherwise left unmodified.
 

Adam Ludvik and Casey Kuhlman
Bitwise IO software engineer and CEO of Monax, accordingly

As a result, Hyperledger Sawtooth gains an EVM implementation as well as adds plans for the following new core features among which are core and family-defined events, transaction execution receipts, batch injection, and on-chain block validation rules.

Sawtooth Ethereum (Seth) by Hyperledger  The architecture of the integration 

According to the report, the next step in the integration is enabling developers with existing web applications and smart contracts to seamlessly transition their work to the Hyperledger Sawtooth platform. As the developers claim, a major part of making this transition possible will be the creation of a `seth-rpc` server that supports the Public Ethereum and Burrow JSON-RPC interfaces.

Line to Launch Bibox Exchange in Singapore

Bitbox supports 28 digital currencies, including Bitcoin, Ethereum, USDT, XRP, Litecoin, Ethereum Classic, Bitcoin Cash, Bitcoin Gold, MonaCoin, Qtum and Golem
16 July 2018   110

One of the most popular messengers in Asia Line has launched a Bitbox exchange in Singapore. Trading on the platform started this morning and is limited to pairs with crypto-currencies, Cryptovest reports.

Bitbox supports 28 digital currencies, including Bitcoin, Ethereum, USDT, XRP, Litecoin, Ethereum Classic, Bitcoin Cash, Bitcoin Gold, MonaCoin, Qtum and Golem.

BITBOX is only for trading cryptocurrencies (Digital Tokens). Fiat currencies (USD, KRW, etc.) cannot be exchanged on BITBOX.
 

Bitbox Website

Bitbox charges a 0.1% commission and supports 15 languages, including English, Korean, Chinese, Spanish, French and German. In Russia, the US, Japan and some other countries, the exchange is not available.

At the beginning of the year, Line Group applied for a license to the Japan Financial Services Agency, but the process dragged on because of tightening of the regulator's requirements in the light Coincheck exchange hack. All crypto exchange, wishing to provide services in the Japanese market, are required to obtain permission from the local regulator.

Currently, Line is also in the process of obtaining a license in the US. The company decided to open its first trading platform for crypto-currencies in Singapore, as this city-state adheres to a progressive approach to the regulation of the digital currency sphere.

With cryptocurrency, we are going to take our challenge in financial services global.
 

Takeshi Idezawa

CEO, Line

In May, Line Group denied rumors that it intends to release its own token and distribute it through the ICO. Every month Line is used by about 200 million people. The messenger is extremely popular in Japan, South Korea and Thailand.