Counterparty sparked debate in the bitcoin community yesterday when it announced it had successfully ported open-source software from the Ethereum project to its platform, equipping it with new functionality.

The decentralized peer-to-peer exchange provider framed the announcement as one that would soon bring all the potential of Ethereum's as-yet-unlaunched smart contract system to its platform, while providing the added security of the bitcoin blockchain and its established global mining network.

Continue reading at CoinDesk