Interview with Joseph Chow of BTC Relay at DEVCON1 in London [vhIvPTCXc6P]

At the Ethereum Devcon, I was impressed by the sheer power of the Ethereum smart contract system. I caught up with Joseph Chow who is developing BTC relay, a set of smart contracts on Ethereum that can verify Bitcoin transactions. BTC relay probably makes Ethereum the first Bitcoin sidechain as it allows the Ethereum blockchain to become an SPV client of the Bitcoin network. Just as your mobile wallet can verify bitcoin transactions without downloading the full blockchain, BTC relay can also perform similar verifications. Topics covered include: What is BTC relay? What are the expected costs of verifying a bitcoin transaction on the Ethereum network? What kind of applications can BTC relay enable? Check it out! Links: BTC relay slides for Ethereum Devcon: BTC relay GitHub page: - Visit our website: - Subscribe to the podcast: - Follow us on Twitter: #is metro bank crypto friendly #bitcoin dividende #ist bitcoin apex seriös #how much is bitcoin