The PowPeg App, formerly the 2 Way Peg App, allows users to convert BTC to RBTC and vice versa. It is secured by the PowPeg protocol, a unique system that safeguards locked bitcoins using the same Bitcoin hash rate that establishes consensus. ## Transaction Types - **Peg-in**: Convert BTC into RBTC by locking Bitcoin in a secure multi-signature wallet. After confirmation, an equivalent amount of RBTC is issued on the Rootstock blockchain. - **Peg-out**: Exchange RBTC back into BTC by burning RBTC on Rootstock and unlocking the corresponding BTC for transfer. ## Why Use the PowPeg App? The PowPeg protocol is a robust mechanism for ensuring interoperability between Bitcoin and Rootstock. It offers: - **Security**: Bitcoin's hash rate guarantees asset safety during conversions. - **Decentralization**: Transactions rely on federated signing, minimizing risks of centralized control. - **Flexibility**: Enables access to Rootstock’s smart contract capabilities without leaving the Bitcoin ecosystem. Discover more about the [Peg-in process](/resources/guides/powpeg-app/pegin/) and [Peg-out process](/resources/guides/powpeg-app/pegout/) to get started.