By Brendan Graetz, Head of Developer Experience at IOV Labs. What is RSK? At RSK, we are building on Bitcoin to plant the seeds for a new global financial system, through the use of blockchain technology, smart-contracts, and Bitcoin. The RSK Infrastructure Framework provides a suite of services for building decentralised sharing economies, built on […]

In the midst of the DeFi and NFT boom, Bitcoin network-powered high-performance, smart contract platform RSK continues to build. More specifically, through RIF Name Service (RNS) which enables users to send and receive digital assets without any hassle through human-readable addresses, RSK is implementing cutting-edge DeFi and NFT-focused products. In this guide, we will dive […]

NFTs, short for non-fungible tokens are all the rage within the cryptocurrency industry today. Famous digital artist Beeple made history after he auctioned “Everydays – The First 5,000 Days” for a whopping $69+ million. In addition, several other pop culture icons such as Kings of Leon and Aphex Twins have released their music albums and […]

The theme for RSK in the Chainlink 2021 hackathon is DeFi on Bitcoin. DeFi is the revolution in money that Bitcoin started in 2008. As opposed to the centralized systems of traditional finance, DeFi leverages blockchain technology to enable decentralized, peer-to-peer financial systems. Although still in its infancy, DeFi promises a complete transformation of the […]

Blockchain technology is slowly but steadily seeping into the mainstream via different facets of our lives. Be it finance, supply chain, real estate or banking, distributed ledger technology (DLT) holds the potential to bring about a new paradigm in how every individual interacts with their immediate environment in terms of safety, privacy and efficiency. Blockchain’s […]

Traditional finance is essentially flawed, with centralized control of systems plagued by efficiency-curtailing intermediaries. Despite enhancements in usability and user experience, primarily backed by innovations in Fintech, centralized finance evokes persistent privacy concerns. On one hand, users have little or no control over their financial data. On the other, such data is stored in centrally-located […]

In 1982, David Chaum proposed a decentralized method for mutually non-trusting counterparties to achieve and maintain consensus over transaction records. Leveraging primitive cryptographic methods and securing the network using physical vaults, Chaum’s intuitive idea involved a threshold secret sharing protocol. At the time, the innovation went mostly unnoticed, except within certain niche circles. Adopting Chaum’s […]

We’re pleased to announce that a new RSK Papyrus release has been published in our Github repo. This release contains relevant improvements from community feedback. Thanks to all RSK buidlers for your contributions! This is a summary of the changes included in this version: Add Content-Type field in JSON RPC responses (#1390) Consider minimum gas price in […]

The year 2020 was nothing short of a roller-coaster ride for the world. From the onset of a ravaging pandemic to the unprecedented crash and recovery of the global stock, commodity, and crypto markets, 2020 made us witness it all. Amidst all the uncertainty and challenges, RSK continued to reach new heights. In fact, we […]

In general, it’s difficult to provide a consistent, all-encompassing definition for identity. Indeed, there can be several answers to the question, what is identity? Not intending to proceed with such vagueness, let’s take World Economic Forum’s definition which regards identity as an entity comprising three major attributes: inherent, accumulated and assigned. Inherent are those attributes […]