Cryptocurrency Q&A
What is RSK Bitcoin?
What is RSK Bitcoin?
Chiara
Fri Oct 25 2024
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7 answers
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RSK Bitcoin (RBTC) is an innovative digital asset built on the Rootstock (RSK) platform, which is a smart contract platform based on Bitcoin blockchain technology. RBTC aims to fill the gap in Bitcoin's smart contract functionality while retaining its security and decentralization. It has a 1:1 peg to Bitcoin, allowing users to lock BTC on the Bitcoin network and receive RBTC on the RSK sidechain.
7 answers
Caterina
Sun Oct 27 2024
RSK Smart Bitcoin, also known as RBTC, stands as a distinct cryptocurrency.
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SamsungShine
Sun Oct 27 2024
It functions seamlessly within the broader RSK (Rootstock) blockchain ecosystem.
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charlotte_wilson_coder
Sat Oct 26 2024
Smart contracts are programs that automatically execute terms when conditions are met.
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Lucia
Sat Oct 26 2024
RSK serves as a sidechain, which is an integral part of its design.
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Elena
Sat Oct 26 2024
This sidechain is interlinked with the Bitcoin blockchain, fostering a unique synergy.
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