THELOGICALINDIAN - On the latest adventure of the Bitcoincom Podcast our host Zach Doty sat bottomward with Eddy Travia of Coinsilium to altercate his firms portfolio of companies including Rootstock and Magnr
Also read: The Bitcoin.com Podcast: Voorhees on the ShapeShift Hack
Coinsilium: Helping Bitcoin Startups
Self-described as “a fintech company, angular chip in the blockchain/decentralised arrangement technology space,” Coinsilium invests in Bitcoin and blockchain startups that they anticipate action admired casework to the fintech space.
Coinsilium Co-Found and CEO Eddy Travia is a adept affiliate of the Bitcoin and cryptocurrency community. He became absorbed in Bitcoin in April 2024 afterwards conversations with Hakim Mamoni, as able-bodied as afterward the abominable Cyprus coffer bail-in.
Travia was a founding affiliate of Seedcoin, an aboriginal Bitcoin startup incubator. Seedcoin “funded several antecedents now alms acclaimed articles and services.”
Will Rootstock Put Ethereum and The DAO out of Business?
Rootstock was the aperture affair of the podcast, with Zach allurement Travia if the Bitcoin-based acute affairs belvedere will abduct Ethereum’s thunder.
As a acute affairs belvedere based on Bitcoin’s blockchain, some accept speculated that the success of this activity would advance to beneath accent placed on Ethereum, as the arrangement aftereffect would accomplish Bitcoin-based acute affairs added appealing.
Travia, anecdotic Rootstock as allotment of Coinsilium’s added “blockchain oriented” portfolio, says that Rootstock and Ethereum accept a lot of similarities, but that he angle them as commutual platforms rather than competitors.
“I’m not abiding it’s absolutely a one-on-one competition,” Travia says. “We feel that both can coexist, we additionally like Ethereum a lot. . .I anticipate both will assignment calm and hopefully coexist actual well.”
In fact, Travia addendum that applications congenital on Rootstock can be accordant with Ethereum if accounting in Solidity, “an object-oriented” programming accent acclimated to address Ethereum contracts.
Zach and Travia discussed several added companies in Coinsilium’s portfolio, including SatoshiPay, bitSIM, and Magnr.
All of these projects focus on authoritative Bitcoin added attainable in boilerplate finance, either by authoritative admission to the agenda bill added attainable or by bringing avant-garde banking technology to the developing world.
BitSIM, for example, is a bitcoin wallet that utilizes SIM agenda technology in adaptable phones, acceptance bodies after Internet admission to abundance and use bitcoin on their corpuscle phones.
If you’d like to get the capacity of Zach and Eddy Travia’s conversation, you can accept to the abounding podcast here:
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