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Topic: Rootstock (RSK) - Smart Contracts for Bitcoin - page 2. (Read 483 times)

full member
Activity: 294
Merit: 103
this is a very nice project that is adding a lot more utility to bitcoin than before. it won't have the scaling problem that the current platforms for smart contract like Ethereum are facing and it will also be a lot cheaper than them too.

the only problem, or maybe concern that I see is that a lot of ICOs may give up all those other platforms and switch to bitcoin and that may pump the price into a fake bubble that those platform tokens are currently in and also they can bring in all the problems that ICOs have and pose some problems for bitcoin.
RSK will be able to scale to 100 transactions per second Smiley
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
this is a very nice project that is adding a lot more utility to bitcoin than before. it won't have the scaling problem that the current platforms for smart contract like Ethereum are facing and it will also be a lot cheaper than them too.

the only problem, or maybe concern that I see is that a lot of ICOs may give up all those other platforms and switch to bitcoin and that may pump the price into a fake bubble that those platform tokens are currently in and also they can bring in all the problems that ICOs have and pose some problems for bitcoin.
full member
Activity: 294
Merit: 103



RSK is the first open-source smart contract platform for Bitcoin.
The goal of RSK is to give added value and functionality to Bitcoin's ecosystem by enabling smart contracts, instant payments and more system scalability.

RSK network can withstand 400 tx/sec (simple payment transactions). However, RSK goal is to reach 2K transactions per second using its Lumino technology. It will be possible to make Instant Payments, Payments in Stores  and Shops and payments for Online Gaming.
According to the information from their site, RSK Platform will use Bitcoin as its original currency and have already released their network test phase while working on the final product.

Take a look at what RSK is all about on their site
https://www.rsk.co/


What do you think about RSK and smart contracts for Bitcoin?

 
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