In this article we will explain step by step on how to convert from BTC to R-BTC, and vice versa. The process of conversion utilises a 2-way peg mechanism. Thus, these conversions are referred to as peg-ins and peg-outs.
In the following matrixes will be shown the different types of addresses that are accepted for the Federation.
|Before Papyrus||Accepted in BTC||Accepted in RSK||Refundable||Processable|
|After Papyrus||Accepted in BTC||Accepted in RSK||Refundable||Processable|
Note: On the Testnets, the token symbols are prefixed with a lowercase
t. Thus we have
R-BTCon the Mainnets, which correspond to
tR-BTCof the Testnets.
Enter your BTC address below to verify whether it may be used to peg in from BTC to R-BTC.
You can try the conversion process using either a hardware wallet, or using software:
1. How often does the RSK Federation address change?
RSK Federation address has changed three times since RSK mainnet launch.
2. Do I lose my Bitcoin if the RSK Federation address change during my transfer?
There is a grace period for the RSK Federation address change. You will still be able to lock Bitcoin and get R-BTC during the grace period. However, any Bitcoin sent to the old RSK Federation address will be lost post to the grace period.
For any questions and suggestions you can post to RSK Gitter channels.
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