Conversion with node and console

This section explains how to try the Powpeg mechanism using your Rootstock node and a command line.

General Requirements

• You need to be in full control of your BTC private key.
• You need a BTC Wallet properly configured using said private key.
• [Only for release process] You need an Rootstock node up and running, with the RPC interface enabled, and the personal and eth modules enabled
  • See how do I run an Rootstock Node?.

BTC to RBTC conversion

How to perform a peg-in.

Warning

Read the lock requirements

1. With your Bitcoin address, send a BTC transaction to the Rootstock Federation Address.
2. Using your preferred BTC block explorer (e.g. Blocktrail), follow your transaction and wait the stipulated time.
3. Convert the private key to Rootstock format with this tool: https://github.com/rsksmart/utils), and write down your Rootstock account information.
4. Then use the Rootstock Testnet Explorer or Rootstock Mainnet Explorer to see your RBTC balance. Remember that Rootstock addresses must start with 0x.

RBTC to BTC conversion

How to perform a peg-out.

Warning

Read the release requirements

1. Add your obtained Rootstock private key to your Rootstock node. Replace RSKConvertedPrivateKey, RSKNode and RSKNodePort and run this command:

   $ curl -X POST --data '{"method":"personal_importRawKey", "params":["<RSKConvertedPrivateKey>", "<passPhraseToEncryptPrivKey>"], "jsonrpc":"2.0", "id":1}' http://<RSKNode>:<RSKNodePort>
2. Unlock your account for transfers. Replace RSKAddress, passPhraseJustUsedToEncryptPrivKey, RSKNode and RSKNodePort and run:

   $ curl -X POST --data '{"method":"personal_unlockAccount", "params":["<RSKAddress>", "<passPhraseJustUsedToEncryptPrivKey>", ""], "jsonrpc":"2.0", "id":1}' http://<RSKNode>:<RSKNodePort>
3. Transfer your desired amount. Replace RSKAddress, valueToReleaseInWeis, RSKNode and RSKNodePort and run:

   $ curl -X POST --data '{"method":"eth_sendTransaction", "params":[{"from": "<RSKAddress>", "to": "0x0000000000000000000000000000000001000006", "gasPrice": 59240000, "gas": 44000, "value": <valueToReleaseInWeis>}], "jsonrpc":"2.0", "id":1}' http://<RSKNode>:<RSKNodePort>
4. Wait the stipulated time and check your BTC balance.