How to Use Apps on Bitcoin
In this example, Iām using the Metamask browser extension on Chrome.
Make sure you have the Metamask wallet downloaded.
Metamask is available on other browsers such as Firefox and Brave.
Metamask mobile:
Metamask is the most popular Web 3.0 wallet and can be used to access many blockchain applications. Web 2.0 introduced us to Google and Facebook log in options. Web 3.0 is simple, you own your data and can access your information anywhere with a crypto wallet.
What is Rootstock (RSK)?
RSK is the most secure smart contract platform in the world.
Secured by Bitcoin but with support for Ethereum applications (EVM compatible).
Go to Chainlist to search for the RSK network.
Now Add To Metamask
Approve to add the RSK network to your Metamask wallet.
Your Metamask wallet has Ethereum as the default network. This will switch your network from Ethereum to RSK.
You can try many of the different decentralized finance (deFi) features running on top of the RSK network by using the Sovryn platform. Go to the site HERE.
Connect Wallet from the top right.
Select the Metamask option.
Go to portfolio to access your tokens.
rBTC is Bitcoin on RSKās network. This is the first ever decentralized Bitcoin peg. Unlike wBTC on Ethereum, you have access to real Bitcoin!
rBTC is used within the RSK ecosystem to make transactions. Youāll need some rBTC to use the RSK network. Select receive to convert your bitcoin to rBTC.
The Sovryn platform will generate a Bitcoin address that can be used to receive bitcoin.
This makes things very simple! All you have to do is send your bitcoin to the generated address to get rBTC (RSKās Bitcoin) in return.
Once you have rBTC, you can make transactions on RSK such as swapping other tokens ALL on top of Bitcoin.
It begins with Bitcoinā¦