Rootstock Smart Bitcoin (RBTC) Metrics

Market Cap
no data
All Time High
$79 227.64 13 Apr 21 % to ATH (112.97%)
Volume (24h)
$0.00000000
Circulating Supply
451 Total:451

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About Rootstock Smart Bitcoin

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.

We believe in Bitcoin. We support the Bitcoin community and we want to continue the legacy of Bitcoin´s pioneers. The lack of turing-complete smart-contracts capabilities may become an obstacle to Bitcoin´s growth to it´s full potential. RSK provides the missing technical needs, as a blockchain with a 2way peg to Bitcoin. As RSK does not mint, nor has pre-mined coins, then it has no speculative value and does not compete with Bitcoin.

The security of RSK is our main priority. RSK´s blockchain is secured by merge-mining, which means that we 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) without sacrificing decentralization and reducing storage and bandwidth usage using probabilistic verification and fraud proofs, as well as blockchain sharding techniques.

Since the creation of Bitcoin there has been a race for faster transaction confirmations. Instant payments allow new use cases, such as retail store payments, and transactions in online games. RSK carefully chosen parameters and new theoretical protocols (such as DECOR+GHOST) allow creating blocks at 10 seconds average interval, with low stale block rate, and no additional centralization incentives.

Rootstock Smart Bitcoin [RBTC] is a cryptocurrency with its own blockchain.The most actual price for one Rootstock Smart Bitcoin [RBTC] is $0. Rootstock Smart Bitcoin is listed on 0 exchanges with a sum of 0 active markets. The 24h volume of [RBTC] is $0, while the Rootstock Smart Bitcoin market cap is $0 which ranks it as 'no rank' of all cryptocurrencies. You can find more information about Rootstock Smart Bitcoin [RBTC] on rootstock.io

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Rootstock Smart Bitcoin Basics

WhitepaperRootstock Smart Bitcoin WhitepaperOpen
Development status Beta version
Open SourceYes
Consensus Mechanism Not mineable
Algorithm None
Website
Source code
Asset typeCoin
Explorers (2)
Tags
  • Smart Contracts (507)
  • Decentralized Applications (127)
  • Platform (360)
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Frequently Asked Questions

Frequently Asked Questions

Get more info about Rootstock Smart Bitcoin Cryptocurrency
  • How to buy Rootstock Smart Bitcoin? How can I buy the Rootstock Smart Bitcoin coin? Rootstock Smart Bitcoin stock how to buy? How to get Rootstock Smart Bitcoin?

    To find out where you can buy currency Rootstock Smart Bitcoin see the list of available exchanges.

  • Where to trade Rootstock Smart Bitcoin?

    Click here to see the list of available exchanges for Rootstock Smart Bitcoin.

  • 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. We believe in Bitcoin. We support the Bitcoin community and we want to continue the legacy of Bitcoin´s pioneers. The lack of turing-complete smart-contracts capabilities may become an obstacle to Bitcoin´s growth to it´s full potential. RSK provides the missing technical needs, as a blockchain with a 2way peg to Bitcoin. As RSK does not mint, nor has pre-mined coins, then it has no speculative value and does not compete with Bitcoin. The security of RSK is our main priority. RSK´s blockchain is secured by merge-mining, which means that we 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) without sacrificing decentralization and reducing storage and bandwidth usage using probabilistic verification and fraud proofs, as well as blockchain sharding techniques. Since the creation of Bitcoin there has been a race for faster transaction confirmations. Instant payments allow new use cases, such as retail store payments, and transactions in online games. RSK carefully chosen parameters and new theoretical protocols (such as DECOR+GHOST) allow creating blocks at 10 seconds average interval, with low stale block rate, and no additional centralization incentives.

  • Mining Rootstock Smart Bitcoin coin

    Rootstock Smart Bitcoin coin has a consensus mechanism: . You can mint these coins with the None algorithm.

  • Rootstock Smart Bitcoin is a coin and it means this is a cryptocurrency that has its own blockchain and works independently from other cryptocurrencies. Examples of Coins: Bitcoin, Stellar, Litecoin.

  • What is the value of Rootstock Smart Bitcoin coin?

    1 Rootstock Smart Bitcoin is worth $0.00000000.

  • To get price and historical data for Rootstock Smart Bitcoin coin, use API ID: rbtc-smart-bitcoin for endpoints at http://api.coinpaprika.com.

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