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Rootstock
Rootstock is a Bitcoin sidechain and Layer 2 network that enables EVM-compatible smart contracts and decentralized applications secured by Bitcoin proof-of-work. It provides Bitcoin-native DeFi infrastructure, including rBTC, bridges, developer tools, and ecosystem support for builders, users, and institutions.
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PowPeg
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Description
PowPeg locks BTC on the Bitcoin blockchain and issues corresponding rBTC on Rootstock for DeFi use; burning rBTC releases the corresponding BTC. Its security model combines Bitcoin proof-of-work authorization, Ledger hardware security modules, protocol-enforced signing rules, public monitoring, and independently operated signers.Category: Bridge