March 2018
Beginner to intermediate
656 pages
20h 9m
English
Content preview from Mastering Blockchain - Second Edition
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Rootstock
Before discussing Rootstock (RSK) in detail, it's important to define and introduce some concepts that are fundamental to the design of Rootstock. These concepts include sidechains, drivechains, and two-way pegging. The concept of the sidechain was originally developed by Blockstream.
Blockstream's online presence is at https://blockstream.com.
Two-way pegging is a mechanism by which value (coins) can transfer between one blockchain to another and vice versa. There is no real transfer of coin between chains. The idea revolves around the concept of locking the same amount and value of coins in a bitcoin blockchain (main chain) and unlocking the equivalent number of tokens in the secondary chain.
Bearing this definition in mind, sidechains ...