July 01, 2024

Unlocking Bitcoin's Potential: How Rootstock Uses EVM For Scalability

56 minutes

Daniel Fogg is the CEO of RootstockLabs, the organization behind the Rootstock sidechain, which is a Bitcoin Layer 2 solution designed to enhance Bitcoin's capabilities with smart contract functionality. Rootstock was launched in January 2018, becoming the first Bitcoin sidechain, and is secured by Bitcoin's hashing power through a merged mining process. The sidechain leverages Bitcoin's security while enabling Ethereum compatible smart contracts, aiming to reduce transaction costs and improve scalability

0:00 Rootstock's Story

7:11 The Architecture

14:52 Use Cases

21:25 Bitcoin Community

27:00 Ordinals and BRC20

30:32 BitVM

36:00 Merged Mining

41:17 Competition

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