xrootname sets X11 root window name (root window title) from an stdin stream so that window managers such as mxswm can get a continuously updating status line.

Performance. Obviously one could use xsetroot in a shell script loop for achieving the same, but since a continuously updating status line is often used for monitoring performance, the monitoring program itself should not cause spikes to the measurements. Continuously re-launching a program obviously is more costly and spiky in terms of measurements than xrootname.