Rootstock sees record-breaking usage and an influx of new partners integrated into its network
Rootstock, the first and longest-lasting Bitcoin sidechain, established itself as a leading blockchain these three months, with record-breaking transactions and the integration of several new dApps, bridges, and wallets. This momentum has propelled Rootstock into the next step of its growth journey and the team is working toward further growth and improvements over the next 12 months.
According to block explorer data, there have been over 13 million transactions, to date, on the Rootstock network. This is the result of record-breaking 45k transactions a month for the sidechain. The data can provide insight on why Rootstock can be an excellent place to start building on Bitcoin with over 60% of Bitcoin’s hash rate securing the network, and an uptime of 100% since its launch in January 2018.
On the integration front, just over the last three months alone, over 25 dApps and protocols have been integrated into the Rootstock ecosystem providing users with new ways to access, build, and grow on Rootstock. The complete list includes the following:
About RootstockRootstock is the world’s most secure smart contract platform that is cryptographically connected to the Bitcoin blockchain. Known as a Bitcoin sidechain, Rootstock uses a censorship-resistant two-way peg to allow users to send Bitcoin directly to the Rootstock chain which is then converted into smart Bitcoins (RBTC) on the Rootstock blockchain. These RBTC can be used to deploy or to interact with smart contracts and dApps on the Rootstock blockchain. BTC can be easily moved back to the Bitcoin mainchain at any point using the trustless bridge or through a variety of protocols such as Sovryn FastBTC.
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This article was originally published on Chainwire
Source: Cryptocurrency - investing.com
