pell Integrations

​Rootstock is a pioneering Bitcoin sidechain that integrates Ethereum-compatible smart contract capabilities with Bitcoin's robust security. As an open source platform, it leverages Bitcoin's proof-of-work consensus mechanism, achieving over 60% of Bitcoin's hashing power through merged mining. This integration allows developers to deploy EVM-compatible smart contracts, enabling the creation of decentralized applications secured by Bitcoin's network. Rootstock's native currency, RBTC, is pegged 1:1 to Bitcoin, facilitating seamless interaction with DeFi protocols and dApps on the Rootstock network for activities such as minting, swaps, and gas fees. The PowPeg protocol ensures secure and efficient two-way transfers between Bitcoin and Rootstock, enhancing interoperability. Rootstock's ecosystem encompasses a diverse range of applications, from swapping and staking with platforms like Sushi to yield optimization with Beefy and trading on Oku.

Bitlayer is a “BitVM”-based protocol intended to unlock more of Bitcoin’s full potential by enabling smart, multichain functionality layered on top of Bitcoin. It claims to have over $3 million in deposited BTC, more than $360 million in daily trading volume, and a multichain environment with thousands of users. It offers or plans features such as a Bridge to move assets, a DApp Center, and support for developers via documentation, a multisig wallet, and testnet tools. Bitlayer also presents itself as trusted by multiple partners and investors, has a roadmap, and supports community participation (leaderboards, job opportunities). Key components include protocol tools, security documentation, and explorations into integrating with other chains. The site emphasizes that Bitlayer is designed to facilitate multichain DeFi/DApp deployment on Bitcoin, with infrastructure for token scanning, testnets, and developer resources as central features.