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What is Rootstock?

Rootstock emerges as a pioneering Bitcoin sidechain that merges the robust smart contract capabilities of Ethereum with Bitcoin’s unmatched security features. As an open-source platform, it leverages Bitcoin's proof-of-work consensus mechanism and utilizes more than 60% of Bitcoin's hashing power through merged mining, which greatly enhances its reliability. This collaboration enables developers to build EVM-compatible smart contracts, thereby fostering the development of decentralized applications that capitalize on the robust security of Bitcoin's network. The platform's native currency, RBTC, is pegged to Bitcoin at a 1:1 ratio, which streamlines interactions with decentralized finance (DeFi) protocols and dApps, enabling seamless processes like minting, swapping, and gas fee payments. Furthermore, the PowPeg protocol is essential for ensuring secure and efficient two-way transactions between Bitcoin and Rootstock, which significantly boosts the interoperability of both networks. Rootstock's growing ecosystem provides users with diverse applications, allowing them to swap, stake, and optimize yields using platforms like Sushi and Beefy, as well as trade on Oku, showcasing the platform's versatility and broad appeal. Consequently, Rootstock not only creates an environment rich in opportunities for developers but also empowers users to fully explore and leverage the advantages of blockchain technology in their daily activities. With such a comprehensive framework, Rootstock stands poised to play a vital role in the future of decentralized finance and blockchain innovation.

What is Omni?

Omni is a multifunctional platform tailored for the creation and trade of customized digital currencies and assets. This software framework is built on the Bitcoin blockchain, which is renowned for its extensive use, rigorous audits, and robust security. Transactions executed via Omni are fundamentally Bitcoin transactions that enable enhanced functionalities on the Bitcoin Blockchain. Our reference implementation, Omni Core, is an enhanced iteration of Bitcoin Core, which includes all the standard Bitcoin features along with advanced capabilities from the Omni Layer. With Omni, the process of generating tokens to represent various currencies or assets is simple, facilitating effortless transactions on the Bitcoin blockchain. The exceptional blend of power and ease of use offered by Omni has positioned it as the leading token protocol utilizing Bitcoin. Additionally, Omni streamlines decentralized crowdfunding, allowing backers to directly send bitcoins or tokens to an issuer's address, with the Omni Layer ensuring that any crowdfunded tokens are automatically returned to contributors, eliminating the need for intermediaries. This groundbreaking method of token distribution significantly boosts trust and efficiency in the crowdfunding landscape, making it an appealing choice for both issuers and contributors alike.

Media

Media

Integrations Supported

Bitcoin
Alchemy
Arbitrum
Base
Beefy Finance
Built2Buy
FreightPOP
Gelato
Jumper
LayerZero
MetaMask
Money On Chain
Oku
OpenOcean
Rubic
Symbiosis Finance
Uniswap
thirdweb

Integrations Supported

Bitcoin
DePerp
Koinly

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Not specified

Company Facts

Organization Name

Rootstock

Date Founded

2018

Company Website

rootstock.io

Company Facts

Organization Name

Omni

Company Website

www.omnilayer.org

Categories and Features

Layer 2 Protocols

Not specified

Categories and Features

Asset Tokenization

Not specified

Blockchain

Not specified

Layer 2 Protocols

Not specified

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