RSK ICO Review And RSK Token Analysis

RSK

80.0%

6 months ago

RSK ICO About

We are committed to creating a more accessible, flexible and inclusive financial system that will improve the life of billions of people. We're putting Blockchain technology at the service of social transformation to build a more secure and transparent world.

RSK ICO Review

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.

The project has been conceived with the following principles in mind:

Bitcoin Friendly

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.

Security

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.

Scalability

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.

Instant Payments

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.

RSK ICO Comments

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  • 6 months ago Gabriel Stephen

    How does RSK work?

  • 6 months ago Hunter Levesque

    Essentially, RSK enables the execution of smart contracts. Smart contracts are computerized transaction protocols that execute the terms of a contract. Ethereum – and now RSK – are attractive to developers because they provide additional scripting opportunities through the use of smart contracts. Bitcoin’s scripting system is limited on purpose (for security reasons). With RSK and Ethereum’s smart contract systems, users can create more expressive scripting systems.

  • 6 months ago Draymond Green

    What are the advantages of RSK?

  • 6 months ago Gabriel Stephen

    One of the most important advantages of RSK is scalability, which could be the biggest bitcoin buzzword of 2017. Ginger, the public release of RSK’s open source testnet network, can run smart contracts in a platform capable of scaling up to 2000 transactions per second on chain and 20,000 transactions per second off chain. As the RSK.co official website explains, that’s how RSK is “providing the scalability needed for global financial solutions.” The other advantage of RSK is that it doesn’t force users to choose between Ethereum and bitcoin when they want to take advantage of smart contracts: RSK allows developers to implement smart contract solutions onto the bitcoin blockchain.

  • 5 months ago Hunter Levesque

    EVShare Foundation and RSK Labs have created a bond that allows consumers to use renewable energy in their ride-sharing opportunities. To get to this point with the future of traveling, 21st century IoT information technology pushed the changes ahead. This transition included RSK blockchain and smart contracts.

  • 5 months ago Gabriel Stephen

    CEO Diego G Zaldivar talked with Speaking of Crypto about RSK & The Internet of Value: https://speakingofcrypto.com/2018/06/05/007-building-technology-with-purpose-with-diego-gutierrez-zaldivar/

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Token Info

  • Symbol/Ticker RSK
  • Platform Bitcoin
  • Type
  • Bonus

Presale Info

  • Presale Price null ETH
  • Presale Start Date 05/23/2018
  • Presale End Date 05/23/2018

Investment Info

  • Tokens for Sale null
  • Total Token Supply null
  • Price Per Token null USD
  • Soft Capital 0 USD
  • Hard Capital 0 USD
  • Accepting ETH

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6 months ago


  • Token RSK
  • Platform Bitcoin
  • Price null
  • Soft Capital 0
  • Hard Capital 0
  • Accepting
  • Country Argentina
  • Restrictions
  • Know Your Customer No
  • Whitelist No

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