In 2015, Ethereum advanced blockchain technology by incorporating smart contract functionality, something Bitcoin was missing. In the coming years, more smart contract enabled platforms came into existence, but Bitcoin remained the number one chain, despite its limitations.
However, using Rootstock (RSK) and RIF OS technology, now you don’t have to leave the Bitcoin ecosystem to build a dApp.
RSK is a layer two solution comprised of a Bitcoin-pegged sidechain with Turing-complete, Solidity based, smart contract capabilities, while RIF OS offers infrastructure for dApp development on top of RSK.
The beauty of the ecosystem is that it utilizes the security and brand awareness of the Bitcoin blockchain, while simultaneously remaining open to developers around Ethereum, the top dApp platform in the space.
The team has been slow to develop the technology and realize its potential. However, if marketing successfully links RSK and RIF OS to Bitcoin in the minds of developers and users, the team will be able to piggy-back on the top coin’s brand, at a time in which its market dominance hovers between 67-70%.
As such, the ecosystem offers intriguing potential for expansion at a time when the altcoin market faces some growing pains.
Read full reportTwice a month Pick Of The Month buy recommendations from SIMETRI Premium
Convex’s business model is built on Curve, a DeFi blue chip that continues to be one of the market leaders. It repackages Curve’s governance into a liquidity bootstrapping product that is already being used by projects like Abracadabra and Alchemix, and there is potential for more projects using it down the line. Ergo, Convex is one of the few examples of business-to-business models in crypto.
Read full reportYou’ll have 30 days to check out everything except the latest buy recommendation from SIMETRI.
If you're not happy? Contact us at
855-431-1299 or [email protected].
For a full refund. 100% Guaranteed
One more thing... If you commit to the subscription, you’ll get more than our latest Pick Of The Month.
You’ll join a community of real people investing real money in crypto and once a week, you can ask questions about the market on a live call with people from our team.