Rootstock

Rootstock (RSK) operates as a Bitcoin-secured sidechain that enables developers to deploy EVM-compatible smart contracts while leveraging Bitcoin's hash rate for security. The platform bridges Bitcoin's store-of-value properties with Ethereum's smart contract functionality.

Key features include:

• Merged mining with Bitcoin, securing the network with Bitcoin's hash rate
• Two-way peg (PowPeg) allowing Bitcoin to be locked and used as rBTC on the sidechain
• EVM compatibility supporting existing Ethereum tools, wallets, and developer infrastructure
• DeFi ecosystem with over 150 partners offering lending, yield farming, and liquidity pools

The platform processes transactions faster and cheaper than Bitcoin mainnet while maintaining security through merged mining. Developers can use familiar tools like MetaMask, Remix, and Hardhat to build applications. Users can earn yield on Bitcoin holdings, participate in DeFi protocols, and access lending services using Bitcoin as collateral.

RootstockCollective serves as the platform's DAO, providing funding opportunities and governance for builders in the ecosystem. The infrastructure supports oracles, indexers, and other essential developer tools for comprehensive Bitcoin-based application development.