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Rootstock — the First Sidechain in the Bitcoin Network
Manage episode 428264949 series 3474370
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This story was originally published on HackerNoon at: https://hackernoon.com/rootstock-the-first-sidechain-in-the-bitcoin-network.
Rootstock uses Powpeg, a two-way peg protocol designed to connect different decentralized networks, specifically the Ethereum Virtual Machine.
Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #bitcoin, #rootstock, #blockchain, #bitcoin-ecosystem, #bitcoin-layer-2, #bitcoin-sidechain, #ethereum-virtual-machine, #hackernoon-top-story, and more.
This story was written by: @bitstaxi. Learn more about this writer by checking @bitstaxi's about page, and for more stories, please visit hackernoon.com.
The Rootstock network is a sidechain on the Bitcoin network. Rootstock uses Powpeg, a two-way peg protocol designed to connect different decentralized networks, specifically the Ethereum Virtual Machine (EVM) and Bitcoin. The goal was to establish a comprehensive RIF ecosystem (RSK Infrastructure Framework) unified under the RIF OS technology.
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