Rootstock project launching in 8 days (Bitcoin Smart Contracts)

in bitcoin •  8 years ago 

So finally RSK is coming, if this works as mentioned the price of BTC may go up again.
Its is the first open-source smart contract platform with a 2-way peg to Bitcoin that also rewards the Bitcoin miners via merge-mining.

Its gonna make BTC more ETH alike without any forks.

Its gonna make a smart contract platform based on BTC chain.
Their explanation

Here is video interview with one of authors

Its said after going on mainnet it will be ported to Litecoin too (of course may take long time).

Its really worth watching this product http://www.rsk.co/

Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips!
bitcoin blockchain cryptocurrency technology beyondbitcoin
8 years ago by

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    • [-]
      ·  8 years ago (edited)

    What is Bitcoin Rootstock (RSK) and why should you care? Programmer explains.

    I haven't read much about it yet, but it sounds like a promising technology. Rootstock can scale far beyond Bitcoin in its current state. RootStock scales to 100 transaction per second with only a 10 seconds blocktime. It's not just another altcoin, but it's pegged to BTC so it does not compete with Bitcoin. Interesting...

    [-]
      ·  8 years ago 

    That was really helpful, thank you!

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      [-]
        ·  8 years ago 

      👍

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        [-]
          ·  8 years ago 

        Good work bro, very interesting indeed. Will def be sussing RSK.

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          [-]
            ·  8 years ago 

          useful info, thanks.

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            [-]
              ·  8 years ago 

            Extremely helpful information you are introducing to steemit.

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              [-]
                ·  8 years ago 

              Yes indeed

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                [-]
                  ·  8 years ago 

                How would you go about investing in RSK at this point?

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                  [-]
                    ·  8 years ago 

                  The more you know,the more you grow

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                    [-]
                      ·  8 years ago 

                    SO much beyond me! Lucky i can spell BTC!

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                    1 vote
                    [-]
                      ·  8 years ago 

                    Built on top of BTC? DOA lol!

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                    1 vote
                    [-]
                      ·  8 years ago 

                    There's seems to be more and more cohesion in the development of cryptos these days. This is so good to read and become aware of. Not only the general public will be more easily connecting to them, but furthermore there seems to be a trend toward more and more potent platforms...

                    Maybe they are just slowly but surely moving toward resembling the BitShares and Steemit platforms!?! ;) Namaste :)

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                    1 vote
                    [-]
                      ·  8 years ago 

                    Wait till u see EOS Blockchain. The race is on in the smart contract market.

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                      1 vote
                      [-]
                        ·  8 years ago 

                      Congratulations @kingscrown!
                      Your post was mentioned in my hit parade in the following category:

                      • Pending payout - Ranked 9 with $ 233,69

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                        1 vote
                        [-]
                          ·  8 years ago 

                        Hopefully it makes LTC go up. Segwit came out and with the price already built in, it only made BTC go up!

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                          [-]
                            ·  8 years ago 

                          this is really amazing :D

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                            [-]
                              ·  8 years ago (edited)

                            Very interesting, I wonder what impact it will have to alts.

                            By the way, I am giving away 1 ETH, check my blog for details.

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                              [-]
                                ·  8 years ago 

                              Eth will not be happy ,... hehe

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                                [-]
                                  ·  8 years ago 

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                                  [-]
                                    ·  8 years ago 

                                  this looks like its gonna be amazing.

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                                    [-]
                                      ·  8 years ago 

                                    I heard about Rsk for the first time last year and was impressed by what they were trying to acomplish. I had no idea they are so close to launch.
                                    Is there a way to invest in the company at this point? Or even to get their tokens (smartBtc). How would you go about it?@kingscrown

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                                      [-]
                                        ·  8 years ago 

                                      A perfect example of the synergy that cooperative-agorism brings to the table.

                                      Voluntary cooperation can make us all stronger.

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                                        [-]
                                          ·  8 years ago 

                                        Very Nice , 😊

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                                          [-]
                                            ·  8 years ago 

                                          Waiting for new DAO fail of epic proportions.

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