Review on RSK Smart Bitcoin by Syed Adnan
Open source smart contracts for Bitcoin.
This is an impressive project. If one can achieve goals without sacrificing decentralization, it reshapes the future of Bitcoin. The project is already being run by several companies, which suggests its huge growth potential.
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Pros
- This is an interesting platform, as it creates and opens doors deploy unlimited scripting code.
- It is protected by merge-mining, implying that the platform can achieve the same protection as Bitcoin based on double-spend prevention and settlement finalization.
- The platform can scale up to 100 transactions per second.
- This allows for use in retail store payments and online gaming transactions.
Cons
- It may bring smart contracts to the blockchain, but a useful question remains whether it does so at the expense of the true consciousness of the community.
