Rootstock is a permissionless Bitcoin sidechain launched on mainnet in January 2018. It aims to bring smart contract functionality to the Bitcoin network.
Rootstock’s native asset is BTC in the form of RBTC, a 1:1 representation of BTC that is locked on the Bitcoin network and minted on Rootstock. The platform generates revenue through transaction fees, which are divided as follows:
* 70% of the transaction fees go to the Rootstock miners.
* 20% of the transaction fees go to the Rootstock block proposer.
* 10% of the transaction fees go to the Rootstock decentralized applications (dApps)
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