RE: RSK and Sidechains

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RSK and Sidechains

in litecoin •  7 years ago 

I don't want to look stupid but I didn't get it what is the main purpose of it or Main advantage? Who will win from it? Miners?

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It's never stupid to ask questions! Main purpose of RSK is that you can now do stuff like ICO's or create tokenized assets with Litecoin. Miners are incentivized to merge-mine (hypothetically) because they also accrue the mining fees of SLTC.