Cardano’s Sidechain Can Become an Ethereum Killer

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That title more or less goes to Ethereum. Turing-complete means Solidity is rich and expressive enough to not just build smart contracts but also other, much more diverse decentralised apps. Bitcoin really needs a major infrastructure change if it wants to enter the world of decentralised platforms. Rootstock, abbreviated as RSK is the answer to this question. This will essentially allow it to use Bitcoin as a native value — as a native cryptocurrency.

Rootstock will not mint its ethereum bitcoin sidechain currency, and so it will not be a competitor to Bitcoin. Security and scalability are two factors which all platforms claim to focus on, but Rootstock is different.

This is ethereum bitcoin sidechain major blow to other platforms — say Ethereum, which currently only supports about 15 transactions per second. Rootstock ethereum bitcoin sidechain such scalability via probabilistic verification and blockchain sharding techniques. This is a very developer-friendly feature which will allow for smooth transformation of dApps from EVM to Rootstock. Since Ethereum is ethereum bitcoin sidechain very established and trusted dApp platform, Rootstock virtually needed this functionality, so that it can more effectively attract developers from Ethereum and ethereum bitcoin sidechain platforms.

All in all, the Rootstock extension to Bitcoin seems a logical thing to have, but since it is a new and amateur technology like majority of other blockchain techone cannot decisively tell whether Rootstock will bring more value to Bitcoin.

However, having an extension like Rootstock ethereum bitcoin sidechain certainly a better thing for Bitcoin than to continue its journey in an increasingly competitive industry with a limited scripting language. Saurabh Chaturvedi is a developer focussed on Bitcoin, Blockchain and Crypto. Get fresh daily insights from an amazing team ethereum bitcoin sidechain Fintech thought leaders around the world.

Ride the Fintech wave by reading us daily in your email. This project brings smart contracts to the Bitcoin network in […]. You are commenting using your WordPress. You are commenting using your Ethereum bitcoin sidechain account. You are commenting using your Facebook account. Notify me of new comments via email. March 5, March 5, Saurabh Chaturvedi. Saurabh Chaturvedi is a developer focussed on Bitcoin, Blockchain and Crypto Get fresh daily insights from an amazing team of Fintech thought leaders around the world.

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