nChain launches Nakasendo SDK ver 0.2.0 for Bitcoin SV

Blockchain research and development firm nChain has announced the beta release of its new Nakasendo SDK for Bitcoin SV (BSV) developers.

Aimed at providing tools and resources to developers building on BSV, the Nakasendo SDK was launched in beta version 0.2.0. The SDK is only available to a selected group of developers for the time being to allow initial testing in a real-world environment. The SDK is expected to be made available more broadly at a future date.

In a post on their blog, the nChain team announced the early-access beta program, which it said would help developers streamline their BSV developments.

Nakasendo™ is a cryptographic library and toolset that can be used to enhance the security of any cryptocurrency exchange and, more broadly, ensure the effective control of access to any type of digital asset or resource.

The SDK is a toolkit specifically designed to speed up development on BSV, providing developers with a more accessible interface for blockchain development. It currently offers support through JavaScript and Python languages. The SDK incorporates two separate patents held by nChain, developed by nChain Chief Scientist Dr. Craig Wright.

With the Nakasendo SDK, private keys can be secured via dealer-less distribution using multi-party computations—each party holds only one part of an encryption key. The SDK’s current Threshold Signature library also compromises a number of steps and solutions, including generate shared secret, verify shared secret, generate ephemeral key and pre-signature data, and sign message. To learn more about the SDK’s different libraries and functions, read here.

nChain Chief Technology Officer Steve Shadders said the launch represented a significant milestone for nChain in the development of tools designed to help developers build enterprise level applications for BSV.

“The SDK is one of many foundational tools nChain will use to help ignite Bitcoin SV development and the growth of business-friendly tools to take Bitcoin into the realm of global adoption,” Shadders said.

Wallet provider Handcash is among those already testing the SDK, saying it could turn out to be “the missing piece” for developing upcoming features.

Check out the Nakasendo website here for early access to the SDK.

The Genesis protocol upgrade on February 4, 2020 is a monumental step in the history of Bitcoin, and will see BSV returned as close as possible to the original protocol as envisioned by Satoshi Nakamoto. Visit the Genesis Hard Fork page to learn more.

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