Rootstock, a key Bitcoin layer-2 project, now boasts security from 81% of Bitcoin’s total hashrate. This significant increase from 56% occurred after the onboarding of Foundry and Spiderpool, the world’s largest and sixth-largest mining pools, in February. According to Messari’s “State of Rootstock” report, this development enhances the safety and affordability of Bitcoin DeFi (BTCFi). Transaction fees on Rootstock are 95% cheaper than the average Bitcoin transaction and 55% cheaper than those on Ethereum. Rootstock utilizes “BitVMX,” a modified version of the BitVM programming language, to enable smart contracts and expand DeFi capabilities on Bitcoin. The project has also integrated with LayerZero, allowing Rootstock-native applications to connect with numerous other blockchains, including Ethereum and Solana. Messari predicts growing adoption of BTCFi through 2025, supported by Rootstock’s planned 60% reduction in transaction fees and ongoing investments in builder education and incentives.
Defi Priest
@0xBispo
·
Apr 16 . #BTCFi is the narrative
@rootstock_io
is the infrastructure
➜ Secured by miners
➜ Built for builders
➜ Live since 2018
A look into the most secure, decentralized Bitcoin DeFi layer in space
Steve
@st4shsteve
·
May 12 Bitcoin DeFi is still early, but it’s getting safer and cheaper, per Messari. Rootstock, a key layer-2, now secures 81% of BTC’s total hashrate—up from 56% after Foundry and Spiderpool joined in Feb. Big step forward for BTCFi’s growth and security.
Acre.Fi – Compound Bitcoin
@AcreBTC
·
Jun 1 Bitcoin Hashrate Hits New All-Time High
1100+ EH/s
The network is stronger than ever.
While miners push to historic compute levels, BTC levels on exchanges is going down. Only ~5.8% of supply now sits on CEXs.
What it means:
1. Mining = long-game, infra-grade
2.
Jigen
@0xJigen
·
Apr 11 Bitcoin was never just digital gold, It was always meant to evolve
But scaling Bitcoin without compromising its values has been a massive challenge – until
@rootstock_io
The most secure, decentralised layer on $BTC
Here’s what you need to know about the leader of #BTCfi
Christiaan
@ChristiaanDefi
·
Mar 21 US-listed #Bitcoin miners control 30% of network Hashrate, an all-time high.
These 14 miners have gained 800bps of market share collectively since the Halving.
The_Dark_Horse
@alphaemmanson
·
Jun 2 Bitcoin’s Hashrate just hit an all-time high. That’s not just good for BTC, it’s good for the
@ElastosInfo
community.
$ELA has been merged-mined with Bitcoin since its inception.
Elastos has 44% of Bitcoin’s Hashrate today!
You don’t want to miss out on the impending pump.
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