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RSK sidechain

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Construct - San Francisco - Jan 2017

Published in: Engineering
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RSK sidechain

  1. 1. 1
  2. 2. RSK Sidechain demo Oscar Guindzberg Core developer @ RSK Labs 2
  3. 3. • RSK • 2way peg • RSK’s 2way peg • Demo • Source code 3 Agenda
  4. 4. • Bitcoin sidechain • Smart Contracts • EVM compatible & Web3 support • Merged mining • Federation • Consensus: GHOST & DECOR+ • Payment Network: high volume / low-latency 4 RSK
  5. 5. 5 2way peg BTC RSK
  6. 6. 6 Bitcoin and RSK address EC Private Key EC Public Key RSK AddressBTC Address
  7. 7. • Single Custodian • Federation (OP_CHECKMULTISIG) • SPV Sidechain • Drivechain • Drivechain+Federation 7 RSK’s 2way peg Bitcoin soft-fork required BTC -> RSK RSK -> BTC
  8. 8. 8 BTC to RSK -> SPV Sidechains
  9. 9. 9 RSK to BTC -> Multiple custody
  10. 10. 10 Demo
  11. 11. 11 Source Code
  12. 12. • EVM Smart Contracts + Bitcoin sidechain + Merged mining • BTC to RSK: SPV Sidechain • RSK to BTC: • Now: Federation • Planned: Drivechain + Federation. 12 Summary
  13. 13. Oscar Guindzberg oscar@rsk.co 13 Thank you!

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