Sovryn Integrations

Bitcoin is an innovative payment network and a new kind of money. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system. Bitcoin transactions are secured by mathematics and energy. Cryptographic signatures prevent other people from spending your money. Energy spent by proof of work (PoW) prevents other people from undoing, rearranging or losing your transactions. So long as you take the required steps to protect your wallet, Bitcoin can give you control over your money and a strong level of protection against many types of fraud.

BitcoinOS (BOS) is a modular, open source smart contract platform designed to bring scalable, interoperable, and programmable functionality to Bitcoin without altering its base layer. Utilizing zero-knowledge (ZK) proofs through its BitSNARK protocol, BOS enables the execution of smart contracts directly on Bitcoin's mainnet, facilitating decentralized applications (dApps), decentralized finance (DeFi), and trustless cross-chain interactions. BitcoinOS' architecture comprises three layers: the Bitcoin Core base layer, an execution layer that aggregates and compresses transactions, and a compute layer consisting of interoperable rollups called Execution Environment Modules (EEMs). These EEMs support various virtual machines, including Ethereum Virtual Machine (EVM) and Rust-based environments, allowing developers to build applications in multiple programming languages.

​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.