Bitcoin Startup RSK to Launch Smart Contracts Sidechain in 2017

One of the most-anticipated bitcoin projects is planning a live network launch later this year.

Revealed in an interview with CoinDesk, startup RSK aims to soon go live with technology that will bring smart contract functionality to bitcoin in the form of an interoperable sidechain. According to RSK co-founder and chief scientist Sergio Lerner, with the formal launch, users will be able to use ethereum-like tools on bitcoin for the first time.

As profiled by CoinDesk, sidechains allow for tokens to be traded back and forth between bitcoin and other blockchains with different technical properties.

Lerner told CoinDesk: […]

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