Build-on-Bitcoin Trend Imports Another Concept from Ethereum: the DAO
RootstockCollective, the first DAO on the Bitcoin layer 2, is designed to encourage builders and users of Rootstock
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Rootstock
RootstockCollective, the first DAO on the Bitcoin layer 2, is designed to encourage builders and users of Rootstock
Rootstock verified the SNARK using BitVMX, which is Rootstock’s modified version of BitVM
Rootstock’s goal is to combine the security of the Bitcoin network with the smart contract capabilities of Ethereum.
Rootstock founder Sergio Demian Lerner spoke Wednesday about BitVMX at the Bitcoin++ conference in Austin, Texas (Bradley Keoun)
The report by Singapore-based blockchain investment Spartan Group and Kyle Ellicott details how these auxiliary networks have drawn a page from the Ethereum blockchain’s playbook, and could spring up as demand grows for blockspace on Bitcoin.