Fast and reliable connection to RSK node and explorer. Connecting to the RSK node via NOWNodes lets you focus on your blockchain project without worrying.
RSK is a project that was established as a means of enabling a new global economy to be built on top of the Bitcoin (BTC) blockchain. It adds value as well as functionality to the broader ecosystem through the process of enabling smart contract support, alongside near-instantaneous payments and a much higher level of scalability within the network.
RSK is merged with bitcoin and secured by its hashing power through merged mining. What this essentially means is that both of the networks are essentially secured by the same computing power of the Bitcoin miners.
Powpeg is a Proof-of-Work (PoW) secured two-way peg utilized as a means of interacting between RSK and Bitcoin, where users can peg in their BTC as a means of unlocking RBTC and peg out their RBTC to convert it back to BTC.
Here, RBTC is the token that is utilized as a means of paying for the execution of the transactions that occur on top of RSK, and users can convert both BTC and RBTC by sending BTC through the 2-way peg, both on the testnet and mainnet, or by using the faucet in the testnet, or exchanges on the mainnet.
All of this contributes to a much higher level of utility and usability of the Bitcoin (BTC) cryptocurrency through RSK.
Despite the existence of many other cryptocurrencies, RSK has a lot of advantages and here are just a couple of them.
RSK enables trustless as well as transparent finance, where it provides users of the Bitcoin (BTC) cryptocurrency access to services such as lending, borrowing, trading, or even earning interest on top of their holdings of BTC.
developers are provided with the opportunity to integrate with RSK and open up the largest addressable market within the crypto sphere, where it provides up to 50x cheaper gas fees when compared to Ethereum as well as 10x faster transaction speed alongside greater interoperability.
RSK already features a solid ecosystem, which features Open Finance as well as a DeFi ecosystem filled with wallets, asset swaps, platforms, leverage and trading, lending, stablecoins, and a lot more.
There is now an easy process when it comes to connecting to an RSK node or a block explorer, especially when you decide to utilize the blockchain-as-a-service provider NOWNodes.
If the blockchain network in question has gathered your interest, and you want to utilize Bitcoin (BTC) to its maximum potential through the RSK solution, you might want to keep track of all of the on-chain data in order to get the most out of it.
If you want to deploy smart contracts or build decentralized applications (dApps) that have support for RSK, gaining the right blockchain data can play an essential role throughout your development cycle.
Even if you are a trader, you can check when transactions have been completed, what transactions are pending, and gain data surrounding mining difficulty, block height, wallet addresses, transaction data, balance history tickers list, or anything else that you need.
NOWNodes will provide you with all of this data, and all you have to do in order to access it is to go to the official NOWNodes website, after which you can enter your email address and click on the “GET FREE API KEY” button in order to begin the overall process.
Keep in mind that you will also need to navigate to the official documentation to get a clear view of all of the commands you can utilize in order to establish a connection with the blockchain node. There are a total of 58 nodes that NOWNodes support, and you can find the official list here of all of the supported nodes.
An RSK block explorer will enable you to sync your project with the blockchain network or solution in question, which means that you will be provided with the opportunity to receive blockchain data in real time.
NOWNodes will provide you with multiple plans and tiers in this regard, whereas with the free plan, you can access up to 5,000 requests per day. There's also the Standard plan, the Pro plan, and the VIP plan that you can utilize as well, assuming you have that kind of workload and requirement.
Remember that through the API key, you are establishing a secure RPC connection to nodes that have an uptime of 99.95%.
