#whatisRootstock (RIF)?
Rootstock is a Bitcoin Layer 2 solution that brings smart contract functionality to Bitcoin, enabling fast, cheap, and scalable decentralized applications (DApps) while maintaining Bitcoin’s security.
Q1: What is Rootstock’s native BTC-pegged token called?
Answer: rBTC
Q2: What percentage of Bitcoin’s hash power secures Rootstock?
Answer: Over 80%
Q3: How much BTC has already been bridged into Rootstock?
Answer: Over 2,500
Q4: Which blockchain does Rootstock inherit its security from?
Answer: Bitcoin
Q5: What is one thing that staking RIF in the RootstockCollective DAO allows you to do?
Answer: Earn rewards in RIF & BTC
Q6: Which wallets support the Rootstock network and allow you to store RIF and rBTC?
Answer: All of the above (Ledger, Trezor, MetaMask)
Q7: What is the primary role of the RIF token in the Rootstock ecosystem?
Answer: Scaling Bitcoin DeFi on Rootstock
Q8: What is the staked version of RIF that is used for governance in RootstockCollective DAO?
Answer: stRIF
Q9: Which of these DApps are available on Rootstock today?
Answer: All of the above (Uniswap, LayerBank, SushiSwap)
Q10: What is one thing that staking RIF in the RootstockCollective DAO allows you to do?
Answer: Earn rewards in RIF & BTC
Q11: What is Rootstock’s native BTC-pegged token called?
Answer: rBTC
Q12: What percentage of Bitcoin’s hash power secures Rootstock?
Answer: Over 80%
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