Bitroot is building a protocol that brings programmable assets and smart contract functionality to Bitcoin.
Bitroot does not rely on Ethereum or other smart contract chains, but aims for Bitcoin itself to support tokens, DeFi, NFTs, and on-chain applications.
The protocol includes a programmable asset layer with native standards like BRT20 for token and NFT issuance.
Developers can use Solidity or Rust to write smart contracts, supported by an EVM-compatible environment, allowing Ethereum developers to get started quickly.
The highlights of Bitroot lie in its performance features, such as parallel execution, storage sharding, and a custom consensus called Pipeline BFT.
They claim fast confirmation speeds and high throughput, aimed at supporting large-scale real-world applications.
The ecosystem vision covers far more than just infrastructure.
Bitroot aims to support Bitcoin-based DeFi, GameFi, social applications, AI + cryptocurrency use cases, and tokenized real-world assets.
It positions itself as a comprehensive environment for builders.
In September 2024, Bitroot launched an incentive public testnet that includes asset issuance, NFT minting, DEX functionality, and participation rewards.
An internal testing phase was conducted earlier this year, with some optimizations made before the open launch.
Documentation is accessible via GitHub, GitBook, and their website, with longer narratives on Paragraph.
This makes it easier for new developers to get started and participate in development.
The governance layer allows stakeholders to stake, vote, and submit proposals to influence upgrades and ecosystem direction.
The project's potential impact is enormous. If successful, Bitroot can expand Bitcoin's role from a value transfer network to a foundation for programmable assets, applications, and scalable on-chain activities.
It offers Ethereum-like flexibility while leveraging Bitcoin's liquidity and community advantages.
There are still some unresolved issues regarding actual performance, security, and popularity, such as claims of high TPS that need independent verification.
As with any early proposal, this step should be strictly adhered to.
The achievements Bitroot has made so far are evident:
Public testnet, documentation, developer resources, and a clear narrative on expanding Bitcoin's capabilities.
It is ambitious and proactive, deserving close attention. Let's build together!
🔗 bitroot.co
