Rootstock is the first and longest-running Bitcoin sidechain, fully compatible with the Ethereum Virtual Machine (EVM). By using the Solidity programming language, it ensures seamless interoperability with Ethereum-based applications.
On mainnet since 2018, Rootstock is secured by over 80% of the hash power of Bitcoin through a consensus mechanism known as Merged Mined Proof-Of-Work. It also uses a 1:1 to Bitcoin pegged native token RBTC that allows you to interact with DeFi protocols and dApps on the Rootstock network. You can use RBTC for minting, swaps, gas fees, and more.
This hackathon is a unique opportunity for builders to innovate in the Bitcoin ecosystem and contribute to the evolving blockchain landscape.