RSK Smart Bitcoin Fees

Deposit, Trading & Withdrawal fees

RSK Smart Bitcoin Exchange Fees

by exchange site
Dep. Deposit fees Trade Trading fees Withdrawal Withdrawal fees
n/a 0.1% / 0.2% 0.0 RBTC Sign up
- 0.2% 0.00015 RBTC Sign up
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What is RSK Smart Bitcoin?

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. 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. 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. 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. 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.

Smart Contracts Decentralized Applications Platform

Launch date n/a
Development status Beta version
Whitepaper Link
Org. Structure Centralized > Hierarchical
Open source Yes
HD Wallet No
Consensus type Not mineable
Hash algorithm None

RSK Smart Bitcoin sites

Coin categories

Smart Contracts
Smart contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties. These transactions are trackable and irreversible.
Decentralized Applications
dApps are applications that run on a P2P network of computers rather than a single computer.
Platform
A platform is a group of technologies that are used as a base upon which other applications, processes or technologies are developed.
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