Rootstock is the longest running and leading Bitcoin Layer 2 Blockchain. It combines the programmability of Ethereum with the store of value and decentralisation of Bitcoin. Rootstock is secured by over 60% of the hash power of Bitcoin through a consensus mechanism known as Merge Mined Proof-Of-Work. Rootstock uses the Solidity programming language and is fully EVM compatible. This means anything you can build on any other EVM chain can also be deployed on Bitcoin using Rootstock without any additional tools.
Rootstock, formerly known as RSK, is an EVM-compatible sidechain built upon the Bitcoin network. Developing on Rootstock holds substantial advantages, including:
1. Scaling Bitcoin While Maintaining Security:
Rootstock blockchain is highly secure as it is built on Bitcoin’s PoW consensus security mechanism. A large portion of Bitcoin miners participate in Rootstock merge-mining, providing the persistence and liveness blockchain properties required for effectively securing the Rootstock network.
2. EVM-Compatibility With Rootstock Virtual Machine:
Rootstock supports deploying Smart Contracts since it is EVM-compatible. This means that developers familiar with EVM-compatible dApps can seamlessly build new projects and migrate existing ones to Rootstock. See How to Port your Ethereum Projects to Rootstock.
Developers can seamlessly use the same code, smart contract programming language (Solidity), tooling, and libraries when building Rootstock applications. In turn, this gives the Ethereum community a cheaper and faster alternative for interacting with their favorite dApps.
3. Lower Fees:
Rootstock provides lower transaction costs than Ethereum and Bitcoin (about 50 times cheaper gas fees). This is made possible via the layer 2 nature of Rootstock, enabling it to process multiple transactions in parallel, ultimately batching the cost of multiple transactions.
4. Rapidly Growing User Base & Active Support Community
Rootstock is a rapidly growing ecosystem consisting of partners and an active developer community with over +140 dApps built on Rootstock and with a active community of multilingual members across Telegram, Slack, and Discord platforms.