Rootstock RBTC
Overview
Status
Mainnet
Type
Reserve
BTC Supply
₿0
RBTC is the gas token for the Rootstock sidechain. It is secured by a federation of nine signers who run specialized HSM hardware environments.
Assessment
Asset Custody
Users trust 9, publicly disclosed entities with securing BTC that backs RBTC
The BTC that backs RBTC is secured by a 5-of-9 federated multisig, referred to as the Powpeg (Proof of Work Peg). The signers of the Powpeg run specialized HSM hardware to secure the private keys used for signing Powpeg transactions.
The identities of entities participating in the Powpeg are publicly known. Users trust the operators of the Powpeg to custody their funds.
Powpeg signer identities and attestations can be found here.
The identities of entities participating in the Powpeg are publicly known. Users trust the operators of the Powpeg to custody their funds.
Powpeg signer identities and attestations can be found here.
Further sections to be reviewed
Aspects related to minting & burning, key management, transaction signing, and proof-of-reserves have not been reviewed. We are currently reviewing these sections.