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What Is Rootstock Smart Bitcoin (RBTC)?

RBTC is a technology stack built on top of Bitcoin that aims to establish a fair and inclusive financial system. It is based on two platforms, Ethereum and QixCoin, and is compatible with Ethereum tools, compilers, and dApps. RBTC features a two-way peg to Bitcoin, allowing for the seamless transfer of bitcoins to and from the RBTC blockchain. When bitcoins are transferred to RBTC, they become "Smart Bitcoins."

What Makes Rootstock Smart Bitcoin Unique?

RBTC aims to enhance the Bitcoin ecosystem by enabling smart contracts, better scalability, and instant payments. The primary connection between RBTC and Bitcoin is through merged mining, which safeguards both networks using the same energy consumption and infrastructure. RBTC adds value to the Bitcoin network by implementing complex transactions that are paid using Bitcoins, contributing to its long-term sustainability. RBTC provides a smart contract platform for the Bitcoin community and key stakeholders to benefit from. Additionally, RBTC enables BTC to be used for regular retail transactions worldwide.

RBTC's whitepaper outlines its goal to establish a decentralized, secure, and fair financial system that can provide opportunities and inclusivity for billions of financially vulnerable individuals worldwide. With its fast confirmation technology, RBTC strives to deliver an exceptional payment experience. The platform boasts a high throughput of transactions per second, making it well-suited for the demands of the retail market.

What Is The Native Token of Rootstock Smart Bitcoin?

The platform has its own native token called RBTC, which is used to pay for executing transactions and contract processing by miners. Interestingly, all RBTC tokens are created from Bitcoins on the Bitcoin blockchain. Additionally, RBTC is used as gas for smart contract implementation on the network. To obtain RBTC tokens, users can use DeFi protocols and wallets in the RSK ecosystem.

Rootstock Smart Bitcoin (RBTC) Price Prediction

According to the analysis of forecasted data, RBTC is predicted to exceed $340,742.12 in price in 2030. By the year's end, Rootstock Smart Bitcoin is expected to have a minimum fee of $331,026.52 and could potentially reach a maximum of $354,421.74.