Description
Rootstock Smart Bitcoin (RSK) is an innovative, open-source smart contract platform seamlessly integrated with Bitcoin through a unique 2-way peg. It enables smart contracts, instant payments, and scalability within the Bitcoin ecosystem. RSK enhances Bitcoin's utility without introducing competing currencies, providing features such as near-instant payments and a throughput of 100 transactions per second. Leveraging Bitcoin merge-mining, it ensures robust security and bitcoin-level double-spend prevention. Key principles include Bitcoin compatibility, high security, and scalability, achieved through techniques like probabilistic verification and blockchain sharding. The native cryptocurrency, Rootstock Smart Bitcoin (RBTC), currently has 450.63 coins in circulation. RSK is designed to support Bitcoin's legacy and extend its functionalities, offering potential for new use cases like retail and gaming transactions. More details can be found on Rootstock’s official website.
Rootstock Smart Bitcoin (RSK) is an innovative, open-source smart contract platform seamlessly integrated with Bitcoin through a unique 2-way peg. It enables smart contracts, instant payments, and scalability within the Bitcoin ecosystem. RSK enhances Bitcoin's utility without introducing competing currencies, providing features such as near-instant payments and a throughput of 100 transactions per second. Leveraging Bitcoin merge-mining, it ensures robust security and bitcoin-level double-spend prevention. Key principles include Bitcoin compatibility, high security, and scalability, achieved through techniques like probabilistic verification and blockchain sharding. The native cryptocurrency, Rootstock Smart Bitcoin (RBTC), currently has 450.63 coins in circulation. RSK is designed to support Bitcoin's legacy and extend its functionalities, offering potential for new use cases like retail and gaming transactions. More details can be found on Rootstock’s official website.
