RSK sidechain

Post on 22-Jan-2018

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Transcript of RSK sidechain

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RSK Sidechain demoOscar Guindzberg

Core developer @ RSK Labs

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• RSK

• 2way peg

• RSK’s 2way peg

• Demo

• Source code

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Agenda

• Bitcoin sidechain

• Smart Contracts

• EVM compatible & Web3 support

• Merged mining

• Federation

• Consensus: GHOST & DECOR+

• Payment Network: high volume / low-latency

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RSK

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2way peg

BTC

RSK

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Bitcoin and RSK address

EC Private Key

EC Public Key

RSK AddressBTC Address

• Single Custodian

• Federation (OP_CHECKMULTISIG)

• SPV Sidechain

• Drivechain

• Drivechain+Federation

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RSK’s 2way peg

Bitcoin soft-fork required

BTC -> RSK

RSK -> BTC

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BTC to RSK -> SPV Sidechains

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RSK to BTC -> Multiple custody

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Demo

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Source Code

• EVM Smart Contracts + Bitcoin sidechain + Merged mining• BTC to RSK: SPV Sidechain• RSK to BTC:

• Now: Federation• Planned: Drivechain + Federation.

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Summary

Oscar Guindzberg

oscar@rsk.co

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Thank you!