Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Rootstock stands out as an innovative Bitcoin sidechain that combines the advanced smart contract functionality of Ethereum with the unparalleled security of Bitcoin. Operating as an open-source platform, it utilizes Bitcoin's proof-of-work consensus mechanism, tapping into over 60% of Bitcoin's hashing power through merged mining to ensure its reliability. This synergy allows developers to create EVM-compatible smart contracts, paving the way for decentralized applications that benefit from the strength of Bitcoin's network security. The native currency of Rootstock, known as RBTC, is maintained at a 1:1 peg with Bitcoin, which simplifies interactions with decentralized finance (DeFi) protocols and dApps on the Rootstock ecosystem, facilitating processes like minting, swaps, and the payment of gas fees. Additionally, the PowPeg protocol plays a crucial role in guaranteeing secure and efficient two-way transactions between Bitcoin and Rootstock, significantly improving interoperability between the two networks. Within Rootstock's expanding ecosystem, users can engage in a variety of applications, including swapping and staking through platforms such as Sushi, optimizing yields with Beefy, and trading on Oku, demonstrating the platform's versatility and appeal. As a result, Rootstock offers a comprehensive environment that empowers developers and users alike to harness the full potential of blockchain technology.
Description
eXchange inFinite (XinFin) operates on a Delegated Proof of Stake Consensus network (XDPoS), facilitating hybrid relay bridges and offering instant block finality while ensuring compatibility with ISO20022 messaging standards, which greatly enhances its appeal to developers. This interoperable blockchain network is designed for global trade and finance, allowing for the digitization, tokenization, and rapid settlement of trade transactions, thereby improving efficiency and minimizing dependence on intricate foreign exchange infrastructures; this ultimately offers financial institutions greater flexibility in managing liquidity. The Delegated Proof of Stake (XDPoS) mechanism employs stakeholder approval voting to address consensus challenges in a manner that is both fair and democratic. XinFin Protocol (XDC) achieves greater interoperability with existing legacy systems and various blockchain platforms, positioning it as a preferred language for core banking systems, ERP systems, SWIFT systems, and many others, thus expanding its utility in the financial ecosystem. Furthermore, its innovative approach to streamlining processes promises to revolutionize financial transactions in the digital age.
API Access
Has API
No
API Access
Has API
Yes
Integrations
Alchemy
Yes
Amazon Web Services (AWS)
No
Arbitrum
Yes
Beefy Finance
Yes
Built2Buy
Yes
Choise.com
No
Freewallet
No
Gelato
Yes
Guarda Wallet
No
Jumper
Yes
Integrations
Alchemy
No
Amazon Web Services (AWS)
Yes
Arbitrum
No
Beefy Finance
No
Built2Buy
No
Choise.com
Yes
Freewallet
Yes
Gelato
No
Guarda Wallet
Yes
Jumper
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
Yes
iPad App
Yes
Android App
Yes
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Rootstock
Founded
2018
Website
rootstock.io
Vendor Details
Company Name
XinFin
Website
xinfin.org