Bitcoin L2 and Sidechain Networks Surge to $1.31 Billion in Locked Value

This year, Bitcoin layer two (L2) solutions and sidechains have gained incredible traction, with the top ten Bitcoin-based sidechains or L2 protocols now controlling a combined $1.31 billion in total value locked (TVL). The latest figures reveal that more than 56% of this total is held within two prominent networks: Core and Bitlayer. Core and … Read more

Bitcoin’s Role in Defi Evolves: CMC Research and Footprint Analytics Report

Coinmarketcap (CMC) Research and Footprint Analytics have released a thorough report exploring the swift expansion of decentralized finance (defi) on the Bitcoin blockchain. The report delves into Bitcoin’s evolving role, driven by innovations that are redefining its potential within the defi space. Bitcoin’s Defi Ecosystem Grows: $1.07 Billion Locked According to the findings from the … Read more

Stablecoins on Bitcoin: The Time has Come for RIF On Chain

A Decentralized Stablecoin on Rootstock The stablecoin industry continues to grow and expand. Until now, most of these assets were issued on alternative blockchains such as Ethereum, Tron, OMNI, and EOS. The world’s leading cryptocurrency, Bitcoin, used to lack  the necessary protocols to support the creation of such an asset by default. Thanks to RSK, … Read more

Stablecoins and Crosschain Loans: 2 Projects Attempt to Bring Defi Solutions to Bitcoin

While decentralized finance (defi) solutions have grown popular on the Ethereum blockchain, developers have recently created similar systems by leveraging BTC’s network. A project called Atomic Loans claims to offer a noncustodial bitcoin-backed stablecoin solution, while Money on chain a new smart contract built on the RSK protocol, also offers a stablecoin token. An Attempt … Read more

Ethereum vs EOS vs Cardano vs Rootstock – Smart Contract Platform Comparison and Review

Smart contract platforms allow developers to create fully decentralized dApps. Some of the more popular platforms are Ethereum, EOS, Cardano and Rootstock. In this article, we will go over these options and explain what’s unique about each one. Let’s get started! Ethereum   What Is Ethereum? Unlike Bitcoin, Ethereum is an ecosystem whose focus is … Read more

How Merge Mining and Anchored Blockchain Projects Capitalize on Bitcoin’s Security Model

Since 2011, just after Satoshi Nakamoto left the Bitcoin project for good, networks have emerged that leverage the BTC chain in some way. A variety of projects over the last nine years have found value in anchoring some sort of feature set to BTC in order to bolster the satellite’s underlying network. The following article … Read more