RSK Labs, the company behind the smart contract platform with a 2-way peg to the Bitcoin blockchain announced that BTC.com has completed its merged-mining integration on the RSK MainNet Network, meaning that one of the largest mining pool companies is now providing its hashing power to validate and secure RSK sidechain’s transactions.
With most of the relevant Bitcoin mining pools implementing and testing the merged-mining plugin, this integration represents one more step toward increasing the RSK network security level and surpassing other competing crypto economies’ hashing power.
This is practical proof of how Bitcoin miners, with zero loss in efficiency, will secure the RSK Mainnet with the same hardware and energy consumption while increasing their profits receiving fees from all smart contracts running on RSK.
After having released the RSK MainNet network back in January 2018, this milestone emphasizes what does being a smart contract platform secured by the Bitcoin network means. The developers, Bitcoin companies, and third-party ones can expect a more secure smart contract protocol running on top of the Bitcoin infrastructure.
BTC.com said: “We are proud to announce that BTC.com will make joint efforts with RSK Labs to secure the Bitcoin smart contract platform. Being the largest mining pool means taking more responsibility, we are glad to contribute to the progress of Bitcoin ecosystem.”
Adrian Eidelman, RSK’s CTO, said: “We are excited to announce that after having completed the testing phase with BTC.com, we implemented the merged-mining plugin on RSK MainNet with no loss of efficiency in our partner’s regular Bitcoin mining operation.”