This article is part of Rootstock’s series “Building DeFi on Bitcoin” exploring different solutions and integrations on the Rootstock blockchain that enable scaling Bitcoin, bringing DeFi capabilities to the world’s first blockchain. Syklo, the non-custodial wallet USDC wallet built on the public repository of the Air protocol, has recently announced the integration of Rootstock into […]
This article is part of Rootstock’s series “Building DeFi on Bitcoin” exploring different solutions and integrations on the Rootstock blockchain that enable scaling Bitcoin, bringing DeFi capabilities to the world’s first blockchain. Mean Finance, the open protocol that enables users to Dollar Cost Average (DCA) any ERC20 into any ERC20 with their preferred period frequency, […]
The Rootstock community has approved a set of consensus changes to be included in the upcoming Arrowhead network upgrade. Arrowhead will activate on Rootstock Mainnet on block #6,223,700. This is a mandatory upgrade; users who adhere to these changes must update their nodes to the latest version. What is a network upgrade? A network upgrade […]
This article is part of Rootstock’s series “Building DeFi on Bitcoin” exploring different solutions and integrations on the Rootstock blockchain that enable scaling Bitcoin, bringing DeFi capabilities to the world’s first blockchain. CredShields, the entity behind SolidityScan, has recently announced its integration with Rootstock, enabling smart contract scans, source code vulnerability analysis, and automated smart […]
This article is part of Rootstock’s series “Building DeFi on Bitcoin” that explores different solutions and integrations on the Rootstock blockchain that enable scaling Bitcoin, bringing DeFi capabilities to the world’s first blockchain. Rootstock, the first and longest-standing Bitcoin sidechain, is now integrated into SafePal wallet suite, enabling hundreds of users to send, receive, and […]
Summary: The Rootstock network will undergo a PowPeg change on block 6,065,801. Based on the current state of the network, this is expected to occur on February 8th, 2024. Since the Bitcoin deposit address will change, it is strongly recommended that users verify the address before initiating any conversions from BTC to RBTC on the […]
We are pleased to announce the release of the latest version of the RSKj client, now available in the RSKj GitHub repository. This update brings enhancements to the client’s JSON-RPC API, such as an improved gas price estimation algorithm as well as Ethereum compatibility fixes, along with upgrades to some essential dependencies. While this upgrade […]
In this section, We will explore the differences between a centralized exchange(CEX) and a decentralized Exchange (DEX). We’ll also cover the pros and cons of DEXes. The idea of centralization refers to the use of a single entity that controls transactions. Buyers and sellers alike trust this entity to handle their assets. This is common […]
What is a Digital Asset? In broad terms, a digital asset is a non-tangible asset that is created, traded, and stored in a digital format. Using this definition, in the context of blockchains, digital assets include cryptocurrency and crypto tokens. The blockchain terms; token and cryptocurrency are often used interchangeably, as these are both digital […]
In this section, we will cover the difference between a stablecoin and other digital assets like bitcoins, fiat currency, fungible tokens, Central Bank Digital Currency (CBDCs), and Altcoins. Stablecoin vs Bitcoins A stablecoin is a token that has a non-volatile price and Bitcoin is a cryptocurrency whose price is volatile in nature. Stablecoins are used […]
In this section, We will explore the features of a DEX, such as Lending, Borrowing, Yield Farming, Staking, Liquidity Pools and the Drawbacks associated with DEXes. Lending A DeFi lending protocol is a platform where users can lend and borrow crypto assets without intermediaries via P2P. In a traditional financial system, banks give loans to […]
Bitcoin’s limited supply is a fundamental aspect of its design and a key differentiator from government-issued currencies. Unlike centralized currencies, which are controlled by central banks and can be inflated at will, Bitcoin’s supply is predetermined and fixed at 21 million units. This scarcity mechanism is intended to promote price stability and prevent excessive inflation, […]
