Market Cap: $1 613 224 898 870 (2.68%)
  • Volume 24h: $102 671 773 465 (6.36%)
  • Market Cap Change 24h: 2.68%
  • BTC dominance: 44.71%

Rootstock RSK

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Rootstock RSK RBTC

RSK is the first open source smart platform with Bitcoin binding, which also rewards Bitcoin miners

Rootstock (RSK) is a platform for smart contracts connected to the Bitcoin blockchain using sidechain technology. Despite the fact that smart contracts do not actually work in the Bitcoin blockchain itself, RSK allows users to send BTC directly to the Rootstock chain.


  • USD: $31 770
    1h: 0.05% 24h: 8.63% 7d: 16.02%
  • BTC: 0.98 BTC
All Time High: $79 019 3 years ago
Current price is -60 % from ATH
Market
  • Cap: -
  • Vol 24h: $293 531
Supply
  • Total: 21 000 000 RBTC

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About Rootstock RSK

Smart Bitcoin (RBTC) is a native RSK token that is used as a gas for performing transactions in an RSK network. Startup RSK started working under the name Rootstock. Its organizers systematically implemented smart contracts like Ethereum on the basis of the Bitcoin network. Enthusiasts of the industry believe that this will significantly support the world's largest cryptocurrency. Because it will only benefit from the fact that the pioneer platform for the complex self-terminating code on the blockchain now has a competitor. At its core, sidechain RSK is a simpler alternative for the existing way to change the Bitcoin code. An attempt to introduce such a solution has already been done, but was crowned with a failure in the debate on the organization of the Bitcoin network. The implementation of such a solution has its pitfalls. After all, even minimal changes can affect the entire system. And the consequences are unpredictable. This is the same as repairing an aircraft engine right in flight. Therefore, developers are trying to introduce all the innovations in the network using side chains or sidechains. With their help, the main network is connected with the new blockchain, but minimizes the risk of unexpected consequences.

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