Turmeric is the RSK testnet network that offers developers and business solution creators a fast, decentralized, bitcoin-secured ecosystem to test any smart contract application and tool they can dream of. RSK Lab, a.k.a Rootstock, released Turmeric on 23 November 2016.
Also Read: How Should We Prepare Smart Contracts to Replace Law Firms?
Turmeric: Smart Contracts on Bitcoin
RSK is the only Turing-complete platform to run smart contracts that use the Bitcoin network. In effect, Bitcoin miners mine both blockchains simultaneously.
Thus, the platform is not only safe but also fast. According to Gabriel Kurman, co-founder investor relations at RSK Labs and CEO of Koinbanx, the RSK virtual machine can perform transactions six times faster than its competing machine, Ethereum.
“Turmeric is backed by around 5 Petahashes from Bitcoin miners that are running the merge-mining plugins that were developed for
Read more ... source: TheBitcoinNews
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