RSK is the Smart Contract platform for Bitcoin. Its engine is a forked version of the EVM (Ethereum Virtual Machine), and the RVM (RSK Virtual Machine) is compatible with Ethereum Smart Contracts and the tools used to deploy and interact with them.
The Smart Bitcoin (R-BTC) is the native token in RSK and it is used to pay for the gas required for the execution of transactions. It is pegged 1:1 with Bitcoin, which means in RSK there are exactly 21M R-BTC. A 2-way peg (2WP) allows the transfer of bitcoins from the Bitcoin blockchain to the RSK blockchain and vice-versa.
Our Federation Team works directly in the connection between Bitcoin and RSK, using a bridge between both chains to interact between bitcoin and the RSK platform.
The main responsibilities as part of the team is to improve in a decentralized way the security of the custody account that can hold 9000 custody - BTC and design innovative ways to connect RSK chain with bitcoin main chain.
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