Published On: Thu, Jul 28th, 2016

Krypton Aims at More Secure Smart Contracts After Ethereum Fork

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New smart contract and distributed apps platform Krypton is in the process of expanding its project by networking and seeking to secure $2 million USD in funding from private investors.
Also read: Bittrex’s Bill Shihara on Ethereum Classic and Poloniex
Krypton is intended to be an alternative to Ethereum, and is in fact a fork of it.
It launched in February 2016 when interest in smart contracts, DAOs and DApps was gaining traction, but planned a network with a smaller initial token release, lower inflation and faster speed than Ethereum.
The KR currency trades on Yobit and Bittrex, and is currently trying to get a listing on Poloniex.
Krypton’s Security Focus
Given recent developments, Krypton’s focus has been more on creating a secure platform. It plans to completely re-write the Krypton virtual machine (KVM) in a language “more secure than Golang” and a native contract programming language other than Ethereum’s Solidity.
Project manager Stephanie Kent founded Krypton with “a group of anonymous crypto programmers.” Their stated mission is to offer immutable smart contracts that can’t be meddled with by political whims.
Speaking to Bitcoinist, Kent said she …

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