Rootstock Smart Bitcoin RBTC
1. Summary
Limited data
- 89% of the Rootstock Smart Bitcoin code repositories are forked (originally copied) from another project.
- Price
-
$96,654.00 +3.6%
- Market Cap
- $0.00 (#8480)
- Supply
- 0.00 / 21.00M
- Tags
- Rootstock Ecosystem
- Description
-
Rootstock is a decentralized, open-source, smart contract platform built on top of the Bitcoin network. It enables the execution of smart contracts with high scalability, fast transaction processing, and low fees. Grounded in Bitcoin's security, the platform leverages merge-mining, allowing Bitcoin miners to simultaneously mine both Bitcoin and RSK...
Rootstock is a decentralized, open-source, smart contract platform built on top of the Bitcoin network. It enables the execution of smart contracts with high scalability, fast transaction processing, and low fees. Grounded in Bitcoin's security, the platform leverages merge-mining, allowing Bitcoin miners to simultaneously mine both Bitcoin and RSK without additional computing resources. Rootstock's key features include:
Scalability
- High-Speed Transactions: RSK processes transactions at significantly faster times, such as 10-20 transactions per second, as compared to Bitcoin's 5 transactions per second.
- Smart Contracts: The platform supports autonomous smart contracts which reduce the need for intermediaries and provide a robust basis for decentralized applications (dApps).
Interoperability
- Ethereum Compatibility: RSK is built with an Ethereum Virtual Machine (EVM) compatible smart contract engine, allowing seamless integration with Ethereum-based tools and applications.
Token
- RBTC: The native currency of Rootstock, pegged 1:1 to Bitcoin, is used to facilitate the gas fees necessary for transactions and smart contracts within the network.
Network Structure
- Merged Mining: Rootstock employs merged mining to ensure high security and leverage Bitcoin’s unharnessed mining power to validate its transactions.
- Block Time: RSK has a shorter block time compared to Bitcoin, which contributes to its improved performance.
- Two-Way Peg: Users can easily transfer bitcoins to and from Rootstock using the Powpeg mechanism, ensuring a secure and balanced transfer of assets.
Development and Applications
- Developer Resources: The platform offers a comprehensive suite of resources, such as the Rootstock Infrastructure Framework (RIF), to support the development and scaling of dApps.
- Community Support: Rootstock fosters a strong community of developers and users interested in creating decentralized applications and boosting the expansion of the ecosystem.
By combining Bitcoin’s robust security and Ethereum’s smart contract capabilities, Rootstock enhances the overall functionality and usage potential of the Bitcoin network.
| Price | |
| 52W High price | $72,937.75 |
| 52W High date | 22nd May 2024 (6 months ago) |
| All Time High (ATH) Date | 13th Apr 2021 (3 years ago) |
| ATH Price | $79,019.00 |
| % From ATH | -13.51% |
| All Time Low (ATL) Date | 16th Dec 2018 (5 years ago) |
| ATL Price | $3,194.57 |
| % From ATL | 2039.43% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $1.71M |
| Total Supply | 21.00M |
RBTC
How does Rootstock Smart Bitcoin's (RBTC) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
12.5%
RBTC
25.9%
Similar Market Cap
60 Day Return
1.1%
RBTC
-
Similar Market Cap
1 Year Return
134.6%
RBTC
-
Similar Market Cap
We're monitoring 263 Rootstock Smart Bitcoin GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Rootstock Smart Bitcoin Repos)
Commits vs. The Market
- Past 4 weeks: 0 commits vs. an average of 1
- Past 12 weeks: 0 commits vs. an average of 8
- Past year: 5 commits vs. an average of 112
Most Active Repos
| Past week | 80 |
|---|---|
| Past 12 weeks | 542 |
| Past year | 4109 |
| Past week | 17 |
|---|---|
| Past 12 weeks | 76 |
| Past year | 905 |
| Past week | 54 |
|---|---|
| Past 12 weeks | 149 |
| Past year | 840 |
| Past week | 66 |
|---|---|
| Past 12 weeks | 240 |
| Past year | 662 |
| Past week | 31 |
|---|---|
| Past 12 weeks | 88 |
| Past year | 611 |
| Past week | 6 |
|---|---|
| Past 12 weeks | 59 |
| Past year | 588 |
Top Developers 2024
In total, 825 developers have contributed to Rootstock Smart Bitcoin over the past year. Who are the most active Rootstock Smart Bitcoin developers, by commits, over the past year?
Related Projects
Developers working on Rootstock Smart Bitcoin also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | 0 |
|---|---|
| Active Reddit Users (past 24h) | 0 |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 1,349 |
| Twitter followers | 248,115 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://www.rsk.co/ |
|---|---|
| Explorer | https://explorer.rsk.co/ |
| @RSKsmart |
What is the correct contract address for Rootstock Smart Bitcoin?
| Rootstock | 0x542fda317318ebf1d3deaf76e0b632741a7e677d |
|---|
Has Rootstock Smart Bitcoin been audited for security?
No security audits found for this project.
Are you the owner of Rootstock Smart Bitcoin? Edit it here
Subscribe for free
Investment alerts and insights directly in your inbox.
By continuing, you agree to the Stack Terms of Service and Privacy Policy.