“Rootstock is One of Numeros Projects Looking to Bring Greater Utility to Bitcoin by Expanding the Provision for Defi with Smart Contracts.”, – WRITE: www.coindesk.com
A Central Participant Is Rootstock, One of the Oldst Bitcoin Layer-2 Projects, Crypto Analytics Firm Messari SAID IN ITS “STATE OF COOTSTOCK” REPORT, PUBLISHED ON Thursday.
RootStock Is Now Securered by 81% of Bitcoin’s Total Hashrate, Meaning MINers That Account for Amount The Hashrate ALSO APPROVING TRANSACTION Spiderpool, The World’s Largest and Sixth-Largest Mining Pools, Respectively, In February.
Messari Also Observed that Transaction Fees on Rootstock Are 95% Cheaper Than the Average Bitcoin Transaction and 55% Cheaper Than Those On Ethereum.
RootStock is One of Numeros Projects Looking to Bring Greater Utility to Bitcoin Through Expanding the Provision for Defi with Smart Contract Language. Other PROMINENT Bitcoin Layer-2 Projects Include Stacks and Bob (“Build on Bitcoin”).
The Project Has Also Connected with Bridging Protocol Layerzero to Enable Rootstock-Native Applications to Connect with Dozens of Other Blockchains, Including Ethereuma and Solana. ITS Momentum Sets the Stage for Growing Adoption of Btcfi Through The Remainder of 2025, Accounting To Messari.
“AS BTCFI Continues to Grow, Rootstock Is Well-Prositioned for Broader Adoption Through Core Upgrades Like A 60% Reduction in Transaction Fees, Alongside Sustain Investment Messari Analyst Andrew Yang Said.
Read More: Bitcoin’s Role in Defi is ‘Undapped Opportunity,’ Binance Research Says
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