The Next Big Thing? RSK Smart Contract Sidechain Launches Developer Release, Integrated in Jaxx Wallet

RSK Labs – better known as Rootstock – has announced the launch of the ‘Turmeric’ release of its platform. Representing the beginning of the RSK Testnet Network, Turmeric is intended to allow developers to test their distributed applications and tools, and will be gradually opened to the public.
Described by its creators as ‘the first open-source smart contract platform with a 2-way peg to Bitcoin that also rewards the Bitcoin miners via merged mining,’ RSK raised $1 million in funding from Bitmain Technologies, Coinsilium and the Digital Currency Group in March of 2016 to complete the development of its technical plans.
Trezor hardware wallet architect, Marek ‘Slush’ Palatinus, who also founded the world’s first bitcoin mining pool, gave a strong statement of support for Rootstock in a tweet that was widely shared: ‘Impressed by @RSKsmart development. I especially like it’s not an altcoin, but they build on top of bitcoin. This may be a next big thing.’

This post was published at Bitcoin Magazine on Nov 09, 2016.