Rootstock holds Ecosystem Summit to showcase new protocols and updates, fostering collaboration

From Investing.com

July 31, 2024 08:30:38 AM:

Rootstock’s Quarterly Ecosystem Summit on August 1st, 2024, invites developers and users to explore new protocols and updates within the Rootstock ecosystem. With over 13 million transactions so far, Rootstock is the first and largest Bitcoin sidechain. The event will feature announcements from Sovryn, Boltz, and other key players in the community.

The summit aims to showcase upcoming protocols and initiatives on Rootstock, with presentations from top Bitcoin builders. RootstockLabs has committed $3.25 million to boost the ecosystem and support the Grants Program, attracting top protocols and developer tools. This event seeks to foster collaboration within the DeFi sector and advance technological advancements in the Bitcoin and DeFi space.

Head of Partner Success at RootstockLabs, Richard Green, emphasizes the importance of the Summit in bringing together developers and users to drive innovation and progress in the Rootstock ecosystem. The event is open to developers, users, and journalists and will take place on August 1st, 2024. Registration is free and can be accessed through the Luma platform.

Rootstock stands as the world’s most secure smart contract platform, connected to the Bitcoin blockchain as a sidechain. Utilizing a two-way peg, users can seamlessly transfer Bitcoin to the Rootstock chain and convert it to smart Bitcoins (RBTC). RBTC facilitates smart contract deployment and interaction, with the ability to move funds back to the Bitcoin mainchain through a trustless bridge or protocols like Sovryn FastBTC.

Read more at Investing.com: The Rootstock Community come together for the first Rootstock Ecosystem Summit of 2024 By Chainwire