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Author Topic: RSK (Rootstock) will burst Ethereum bubble  (Read 1177 times)
giantdragon (OP)
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June 14, 2017, 03:56:27 AM
 #1

Ethereum investors who think ETH marketcap will soon overtake Bitcoin should learn about RSK and stop praying on Vitalik!

Rootstock (rsk.co) is smart contract platform, compatible with Ethereum, but uses 2-way peg to Bitcoin and offers better scalability.
It already has working testnet, which now available on easy to use MyEtherWallet. I think main net will be launched this year.
NaXxow
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June 14, 2017, 04:53:25 AM
 #2

So rootstock is only a smartcontract platform that uses 2-way peg. It means they will use BTC as a medium for transactions? How this 2-way peg resolve the scalability when BTC already has the problem?


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Bowtiesarecool
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June 14, 2017, 08:19:33 AM
 #3

So rootstock is only a smartcontract platform that uses 2-way peg. It means they will use BTC as a medium for transactions? How this 2-way peg resolve the scalability when BTC already has the problem?
Also interested in the answer to that question.
Totscha
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June 14, 2017, 08:29:55 AM
 #4

So rootstock is only a smartcontract platform that uses 2-way peg. It means they will use BTC as a medium for transactions? How this 2-way peg resolve the scalability when BTC already has the problem?
Also interested in the answer to that question.

They will add a 2-way peg to Litecoin. There's plenty of free space on that blockchain Wink

https://twitter.com/dieguito/status/867883917654863873
Bowtiesarecool
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June 14, 2017, 08:53:51 AM
 #5

So rootstock is only a smartcontract platform that uses 2-way peg. It means they will use BTC as a medium for transactions? How this 2-way peg resolve the scalability when BTC already has the problem?
Also interested in the answer to that question.

They will add a 2-way peg to Litecoin. There's plenty of free space on that blockchain Wink

https://twitter.com/dieguito/status/867883917654863873

Thanks for the link. This has piqued my interest in the project
jono_t2000
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June 14, 2017, 09:13:23 AM
 #6

so where/when can we buy tokens of RSK?

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Bowtiesarecool
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June 14, 2017, 10:34:36 AM
 #7

so where/when can we buy tokens of RSK?
0
Exactly the question I wanted to ask. Can't find any link to any exchange on their site
Totscha
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June 14, 2017, 10:34:59 AM
 #8

so where/when can we buy tokens of RSK?

Terribly sorry. RSK is all about technology and zero speculation. Hence there is no RSK token. Well there is. It's called Bitcoin. And there will be Litecoin.

It's written in very plain English: http://www.rsk.co/
Bowtiesarecool
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June 14, 2017, 11:23:31 AM
 #9

so where/when can we buy tokens of RSK?

Terribly sorry. RSK is all about technology and zero speculation. Hence there is no RSK token. Well there is. It's called Bitcoin. And there will be Litecoin.

It's written in very plain English: http://www.rsk.co/

Oh, it's a platform/feature thingy like Segwit
Totscha
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June 14, 2017, 01:51:41 PM
 #10

so where/when can we buy tokens of RSK?

Terribly sorry. RSK is all about technology and zero speculation. Hence there is no RSK token. Well there is. It's called Bitcoin. And there will be Litecoin.

It's written in very plain English: http://www.rsk.co/

Oh, it's a platform/feature thingy like Segwit

No, it's not a native platform feature like SegWit.

It's a side chain.
Bowtiesarecool
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June 14, 2017, 02:43:17 PM
 #11

so where/when can we buy tokens of RSK?

Terribly sorry. RSK is all about technology and zero speculation. Hence there is no RSK token. Well there is. It's called Bitcoin. And there will be Litecoin.

It's written in very plain English: http://www.rsk.co/

Oh, it's a platform/feature thingy like Segwit

No, it's not a native platform feature like SegWit.

It's a side chain.
Oh!
Thanks for the edification!
giantdragon (OP)
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June 14, 2017, 04:37:20 PM
 #12

So rootstock is only a smartcontract platform that uses 2-way peg. It means they will use BTC as a medium for transactions? How this 2-way peg resolve the scalability when BTC already has the problem?
Yes, RSK will use Bitcoin. RSK transactions will be performed on Rootstock's blockchain, so they won't bloat Bitcoin blockchain.
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September 21, 2017, 08:23:53 PM
 #13

Any news on this project?

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September 21, 2017, 08:32:09 PM
 #14

Its interesting but with all the competition... I doubt anything will dethrone Ethereum. It has so much network effect plus first move advantage. Sure is gonna be an interesting 2018 for crypto.
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September 21, 2017, 08:58:31 PM
 #15

if i understand, it's a smart contract platform that can use bitcoin and litecoin for ICO?

so litecoin will moon?
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