RSK Raises $3.5 Million, Launches Bitcoin Smart Contract Testnet

RSK Raises $3.5 Million, Launches Bitcoin Smart Contract Testnet

Bitcoin, long recognized for its stability and security, tends to falls short when it comes to newer innovations. Meanwhile, smart contracts platform ethereum is drawing increasingly more attention. But what if you could combine those two networks and come up with the best of both worlds? That is what blockchain startup RSK Labs has long sought to do. The company’s blockchain solution, RSK (or Rootstock), aims to draw on the strengths of the bitcoin network, while bringing new options, like flexible smart contracts, into the picture.

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