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Rootstock
Rootstock enables EVM-compatible smart contracts secured by the Bitcoin network.
Distributed
Description
Rootstock (RSK) is a smart contract platform that is connected to the Bitcoin blockchain through sidechain technology. It is designed to enable decentralized applications and smart contracts on the Bitcoin network, leveraging Bitcoin's security model while extending its functionality. Rootstock achieves this through merge-mining and a two-way peg, allowing users to lock bitcoins on the Bitcoin blockchain and mint equivalent smart bitcoins on the Rootstock platform. This enables developers to create decentralized applications that benefit from the robustness and security of the Bitcoin network.Grant Funding
VC Funding
None
2016
$0
$1M