Introducing Rootstock - the Home of Bitcoin DeFi
Author: Bianca Tat
We're excited to announce our partnership with Rootstock, a leading Bitcoin sidechain that combines the security of Bitcoin’s proof-of-work with Ethereum’s smart contract capabilities. Starting today, you can leverage our best-in-class web3 infrastructure and developer tools to build on Rootstock.
Get your API key here & start building on Rootstock!
What is Rootstock?
Rootstock is designed to expand Bitcoin’s utility beyond simple transactions by introducing scalable smart contract capabilities. Rootstock connects Bitcoin with the world of decentralized finance (DeFi), enabling users and developers to tap into trustless, innovative DeFi protocols while maintaining the security of the Bitcoin network.
For Bitcoin and Ethereum developers, Rootstock offers:
- Security through Bitcoin’s Proof of Work: Rootstock leverages Bitcoin’s renowned proof-of-work security model via merge-mining. This ensures that Rootstock blocks are secured by the same miners that maintain Bitcoin’s network integrity.
- Enhanced Scalability: With new blocks generated every 30 seconds and a transaction capacity of 10-20 transactions per second, Rootstock addresses Bitcoin's scalability limitations, providing faster and more efficient transaction handling compared to Bitcoin’s 10-minute block intervals.
- EVM Compatibility: Rootstock’s virtual machine (RVM) is highly compatible with Ethereum’s EVM. This means that most Ethereum applications can be easily ported to Rootstock, allowing developers to use familiar tools like Solidity, Hardhat, Foundry, and Remix. The RVM also supports Bitcoin-specific opcodes and features, providing enhanced performance and cryptographic functionalities.
Why Rootstock?
Rootstock is poised to transform the Bitcoin ecosystem by bridging the gap between Bitcoin and DeFi. Developers can now build apps that benefit from the security of Bitcoin while leveraging the flexibility and programmability of Ethereum’s smart contracts. This collaboration opens up new possibilities for DeFi innovation on the Bitcoin network, expanding the reach of decentralized finance to a larger audience.
Build and scale on Rootstock with Alchemy
Leverage our best-in-class web3 infrastructure and tools to build on Rootstock:
- Supernode: Our Node API and battle-tested web3 infrastructure provides peak reliability, unlimited scalability and data accuracy for your apps
- Coming soon: Token API, Transfers API & NFT API
- Developer Tools: Access Alerts, Sandbox, Logs, and a user-friendly dashboard to streamline your development process.
- SDK
- Learning Resources: Dive into our documentation
Start building
Become part of the Bitcoin DeFi revolution!
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