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Rsk is the most secure smart contract network in the world and enables decentralized applications secured by the Bitcoin Network to empower people and improve. RSK is built as a sidechain to Bitcoin that rewards the Bitcoin miners via merged mining. RSKs add value and functionality to the Bitcoin ecosystem not only by. RSK (Rootstock) provides decentralized finance secured by the Bitcoin network. As a smart contract platform, apps function faster, with lower fees.

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Since both blockchains use the same consensus, miners can engage in merged mining to mine for the Bitcoin and RSK blockchains simultaneously. The comments, opinions, and analyses expressed on Investopedia are for informational purposes only. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Related Terms. In addition to cutting down the time between initiating a transfer and its validation, the substantial price swings that can happen during that 10 minutes�called slippage�are reduced because transaction times are decreased.