Multichain adds Rootstock to its blockchain bridge ecosystem
The RSK sidechain is the first Bitcoin-based sidechain to be incorporated into Multichain. Multichain, a cross-chain platform, has announced the integration of the Bitcoin-based (BTC) smart contract protocol Rootstock (RSK) blockchain into its ecosystem. This will allow users to exchange Ether (ETH), USD Coin (USDC), Binance USD (BUSD) and other assets between RSK, Ethereum and BNB Chain.According to Monday's announcement, the integration is a major milestone for Multichain because it opens up access to decentralized finance (DeFi) on Bitcoin. This addition will allow users to take....
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Sergio Lerner, the well-known blockchain and cryptocurrency security expert who is also part of Rootstock, was present at LaBitConf Mexico yesterday. While at the event, he released the white paper titled RootStock Platform - Bitcoin Powered Smart Contracts. In an interview with a NewsBTC representative, he explains about RootStock, its comparison with Ethereum and Bitcoin, and also its security features. While explaining about the platform, Sergio made it clear that RootStock is not a fork of Ethereum, as many tend to believe. The development of RootStock had begun almost a year before....
Rootstock is now available on seven of Jaxx’s platforms. Anthony Di Iorio, CEO of Jaxx, announced the Rootstock integration at the Latin America Bitcoin and Blockchain Conference (laBITconf), on 5 November, in Buenos Aires, Argentina. Enhancing the Bitcoin Ecosystem. According to Jaxx’s press release, “Jaxx becomes the first blockchain wallet to effect....
Ethereum and Rootstock are two different open source blockchain based protocols that can be used for creating smart contracts. Which one of them will see widespread adoption? Blockchain is a valuable contribution Bitcoin has made to the finance industry. The blockchain technology is being used in various crypto technology based platforms with an extensive range of application. Smart Contract is one such application created over blockchain protocols. We now have two blockchain based protocols that are built around blockchain related applications and smart contracts. One of them is....
Sidechains have been the talk of the town in Bitcoin Land lately, and a few of them are starting to make mainstream media headlines. One organization like the Rootstock team is implementing the Turing capabilities of Ethereum and the power of the Bitcoin blockchain within its framework. With Rootstock, the protocol uses sidechain abilities to integrate 2.0 applications to its user base with Bitcoin as its fuel. Diego Gutierrez Zaldivar, co-founder of Rootstock believes Bitcoin is mature and the ideal currency to use with its system. The team is currently in talks with The World Bank Group....
Bitcoin has graduated from being a cryptocurrency to an applications platform that can be used in a range of industries to augment their operations. The use of Bitcoin’s underlying blockchain technology for purposes other than recording and confirming transactions is labeled under an umbrella term Blockchain 2.0. Smart Contracts is one of the applications of Blockchain 2.0 Currently, there are two platforms that are leading the Smart Contracts race – Ethereum and RootStock. While Ethereum is a standalone protocol developed by Vitalik Buterin and his team that uses a separate blockchain and....