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RSK is a dApp platform which introduces a unique twist: bitcoin smart contracts. By sidechaining to the BTC blockchain with a two-way peg, they’re effectively capitalizing on the name recognition and security of the original cryptocurrency. A suite of layer three protocols, Rif OS, promises to bring increased functionality and scalability. The Rif token has performed relatively well, with prices trending upwards despite the increase in Bitcoin dominance. However, trading remains limited to a handful of exchanges with suspect volume, which might give some investors pause.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.