TheBlock
2022-07-18 17:46:32

Scaling Bitcoin: RSK

Quick TakeRSK is a merged-mined chain that leverages the work of the existing Bitcoin minersThe concept of merge mining indicates some inheritance of Bitcoin’s security but it also relies on additional crypto-economic assumptionsRSK’s smart contracts are compatible with Ethereum Virtual Machine (EVM), allowing RSK to leverage the existing Ethereum tooling significantlyRSK helps improve the programmability and transaction throughput for the Bitcoin ecosystem with the use of a Bitcoin pegged representation (RBTC) on RSKThe use of RBTC on RSK introduces certain trade-offs which may not be optimal for users

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