Post
Topic
Board Development & Technical Discussion
Merits 2 from 1 user
Re: Making Bitcoin and its Forks Turing Complete
by
ETFbitcoin
on 27/04/2022, 09:05:55 UTC
⭐ Merited by pooya87 (2)
Since no one mentioned it yet, i'd like to mention that Rootstock (RSK) exist. It's Bitcoin sidechain which support smart contract with merged mining to Bitcoin network.

Rootstock is **not** a Bitcoin sidechain as per the sidechains whitepaper. It does **not** benefit from Bitcoin hashrate.


Did you even check RSK mining page[1]? It's clearly stated it utilize Bitcoin mining hashrate. The paper[1] even state it.

Satoshi consensus, based on proof-of-work, is the only consensus system that prevents the rewrite of blockchain history at a low cost. The academic community is advancing the knowledge and study of proof-of-stake as an alternative, but currently PoW provides the highest proven security. Merge mining is a technique that allows Bitcoin miners to mine other cryptocurrencies simultaneously with nearly zero marginal cost. The same mining infrastructure and setup they use to mine Bitcoins is reused to mine RSK simultaneously. This means that, as RSK rewards the miners with additional transaction fees, the incentive for merged mining becomes high.

[1] https://mining.rsk.co/
[2] https://www.rsk.co/Whitepapers/RSK-White-Paper-Updated.pdf, page 15.