Bitcoin DeFi Security Improves as Rootstock Boosts Hashrate Share
Bitcoin's decentralized finance sector is experiencing enhanced security and efficiency with Rootstock boosting its share of the hashrate. According to a recent Messari report, Rootstock is pivotal in making DeFi on Bitcoin more robust and cost-effective.
Rootstock now benefits from being backed by a significant 81% of Bitcoin's total hashrate, marking a substantial increase from its previous 56%. The involvement of major mining pools like Foundry and Spiderpool has significantly contributed to this development.
As highlighted in Messari's "State of Rootstock" report, Rootstock stands out as one of the pioneering layer-2 projects for Bitcoin. By leveraging smart contracts through "BitVMX," an adapted version of the BitVM programming language, Rootstock aims to expand Bitcoin's utility in the DeFi space. Notable projects in the Bitcoin layer-2 ecosystem alongside Rootstock include Stacks and BOB ("Build on Bitcoin").
The growing traction behind Rootstock suggests a promising outlook for the wider adoption of Bitcoin DeFi throughout the year.
Bitcoin DeFi Security Improves as Rootstock Boosts Hashrate Share
Rootstock is one of numerous projects looking to bring greater utility to Bitcoin by expanding the provision for DeFi with smart contracts.
- DeFi on Bitcoin is being shaped into a safer and cheaper proposition, in part due to the efforts of layer-2 project Rootstock, according to a new report by Messari.
- Rootstock is secured by 81% of Bitcoin's total hashrate, Messari said.
- The momentum behind Rootstock is helping set the stage for growing adoption of Bitcoin DeFi throughout the remainder of 2025.
A central participant is Rootstock, one of the oldest Bitcoin layer-2 projects, crypto analytics firm Messari said in its "State of Rootstock" report, published on Thursday.
Rootstock is now secured by 81% of Bitcoin's total hashrate, meaning miners that account for amount the hashrate are also approving transactions on the layer 2. The figure was just 56% before the the onboarding of Foundry and Spiderpool, the world's largest and sixth-largest mining pools, respectively, in February.
Rootstock is one of numerous projects looking to bring greater utility to Bitcoin through expanding the provision for DeFi with smart contracts, enabled by "BitVMX", a modified version of the BitVM programming language. Other prominent Bitcoin layer-2 projects include Stacks and BOB ("Build on Bitcoin").
