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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 Ordinals?

Ordinals serve as non-fungible tokens (NFTs) within the Bitcoin blockchain, with ordinal theory emphasizing the unique identification of satoshis, which allows for their tracking, transfer, and meaningful designation. In the Bitcoin ecosystem, satoshis are the essential unit, as one bitcoin can be divided into precisely 100 million satoshis. Importantly, ordinal theory operates autonomously and does not depend on sidechains or supplementary tokens, making it versatile and operable without altering the existing Bitcoin infrastructure. This theory is currently in effect, enhancing the value of satoshis by attributing them with numismatic significance and creating a marketplace for collecting and trading them as unique items. Each satoshi can be inscribed with a variety of content, thus resulting in unique digital artifacts that are inherently linked to the Bitcoin network and can be held in Bitcoin wallets while being exchanged through Bitcoin transactions. These inscriptions carry the same qualities of durability, immutability, security, and decentralization as Bitcoin itself, which amplifies their worth and attractiveness in the digital asset marketplace. Consequently, ordinals mark an intriguing convergence of art, technology, and currency within the evolving landscape of blockchain advancements, paving the way for innovative uses of digital ownership. This development signifies a new chapter in the ongoing evolution of cryptocurrency and its applications in contemporary society.

Media

Media

Integrations Supported

Bitcoin
Arbitrum
Base
Beefy Finance
LayerZero
MetaMask
Oku
Rubic
SushiSwap
The Graph
Uniswap
pell
thirdweb

Integrations Supported

Bitcoin
Clarinet
Leather
Magic Eden
OKX
ORDX
OpenOrdex
Stacks.js

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

Not specified

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

Rootstock

Date Founded

2018

Company Website

rootstock.io

Company Facts

Organization Name

Ordinals

Date Founded

2022

Company Website

ordinals.com

Categories and Features

Layer 2 Protocols

Not specified

Categories and Features

NFT

Not specified

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