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Rootstock

Rootstock

Rootstock is a platform that is designed to offer seamless smart contract deployment on both Rootstock & Ethereum

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Company Info

Rootstock is a platform that works on blockchain, it is designed to offer seamless smart contract deployment on both Rootstock as well as Ethereum with full compatibility. Through merged mining, it has secured 50% of Bitcoin's hashing power. 

Key Features:

  • Through various DeFi applications built on its platform, Rootstock allows users to borrow, lend, trade, and earn interest on their Bitcoin.
  • Provides Rootstock Infrastructure framework services to accelerate protocol development and allow the projects to enter the market hassle-free. 
  • Rootstock allows developers to streamline processes and reduce development time.
  • It is designed to be scalable with the potential to handle up to 100 transactions per second making it suitable for the ecosystem of decentralized applications.

Rootstock Software has raised a total funding of $28.2M over 9 rounds. Their most recent funding was from a Convertible Note round raised on Jun 26, 2018.

FAQs

1. What is RBTC?

RBTC (Rootstock Bitcoin) is RootStock's native token, pegged 1:1 with Bitcoin which allows BTC to be used within Rootstock for smart contracts and dApps.

2. How does Rootstock manage security?

It implements security mechanisms, including Rootstock Virtual Machine (RVM), Checksum Mechanism, continuous security audits, and PowPeg federation.

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HeadquartersUnited States
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