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Rootstock Smart Bitcoin (RBTC) is a pioneering sidechain developed to bolster the capabilities of Bitcoin by enabling smart contracts. By implementing a fork of the Ethereum Virtual Machine known as the Rootstock Virtual Machine (RVM), it facilitates interactions with Ethereum's suite of smart contract deployment tools. RBTC, the native currency of the Rootstock blockchain, plays a vital role within its framework, serving as the “gas” required to execute smart contracts and manage transaction fees.
One of the most significant features of RBTC is its stable peg to Bitcoin, ensuring a one-to-one relationship between the two assets. With a total supply mirroring Bitcoin's maximum limit of 21 million coins, RBTC is engineered to integrate seamlessly into the existing Bitcoin ecosystem while enhancing its functionalities.