RSK is the first open-source smart contract platform with a 2-way peg to Bitcoin that also rewards the Bitcoin miners via merge-mining, allowing them to actively participate in the Smart Contract revolution. RSK goal is to add value and functionality to the Bitcoin ecosystem by enabling smart-contracts, near instant payments and higher-scalability.
ICO TOKEN PRICE:
Rootstock believes in Bitcoin! They are trying to encourage growth by filling in the missing technology that Bitcoin needs. The security of RSK is their main feature. RSK´s blockchain is secured by merge-mining, which means that they can achieve the same security as Bitcoin in terms of double-spend prevention and settlement finality. The 2way peg security will first rely in a federation holding custody of bitcoins, and later switch to an automatic peg, when the community accepts the security trade-offs of the automatic peg. RSK can scale far beyond Bitcoin in its current state. RSK scales to 100 transaction per second – same level as Paypal. I also like the fact they see the importance of crypto education by providing an academic gateway for the next generation. Rootstock is hyped to be the next Bitcoin alongside the likes of Hashgraph. They have over 26K followers on Twitter, it’s the ICO everyone has been waiting for. We look forward to seeing their growth in the coming months!
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