almost 2 years ago
Meet our Hackathon Sponsor - Rootstock - The first and longest-standing Bitcoin Layer 2!
Hey hey Bitcoin hackers!
With no more waiting, we want to share with you that Rootstock is thrilled to be one of the key sponsors of the Bitcoin 2024 Hackathon! We invite you to unleash your creativity and technical prowess by building innovative applications on top of Bitcoin, using the Rootstock blockchain.
Rootstock uses Solidity programming language, making it fully EVM compatible. You can build any EVM dApps and products on Bitcoin using Rootstock without any additional tools or knowledge.
By using the Rootstock technology during this hackathon, you will not only unlock the possibility to win outstanding prizes, but as well be part of a vibrant community and also have an opportunity to apply to the Rootstock Grants Program and access a pool of $3M in funding with aditional support in tech, product and marketing.
What you should build on Rootstock?
At the Bitcoin Games 2024 with Rootstock, you're free to let your imagination go wild and develop anything you desire on Rootstock. Below are some topics for your inspiration.
| Topic | Description |
| Best DeFi dApp on Rootstock | Create an everyday DeFi application using the Rootstock network and/or RIF technologies, such as lending protocols, decentralized exchanges, yield farming strategies, liquidity pools, insurance protocols, decentralized credit scoring, or trading bots. |
| Best Runes or Ordinals project on Rootstock | Ride the wave by tapping into Bitcoin's liquidity and engaging with the latest trends. Develop dApps that use ordinals and runes for unique digital asset creation, offering fresh ways to interact with and manage these assets on the blockchain. |
| Best use of Rootstock Blockchain | Give freedom to your mind and build whatever you want on top of the Rootstock blockchain. From AI, to RAW, DePin or other, feel free to build your top EVM dApp on Bitcoin with Rootstock. |
Now, let's learn more about Rootstock:
Rootstock is the first and longest-standing Bitcoin Layer 2, on mainnet since 2018 and aims to enhance Bitcoin's capabilities by enabling smart contracts, thereby bringing more functionality and versatility to the Bitcoin ecosystem.
One of Rootstock's standout features is its merged mining capability allowing Bitcoin miners to simultaneously mine Bitcoin and Rootstock without needing additional resources. This ensures that Rootstock benefits from the same level of security as the Bitcoin network, as the miners contribute to the security of both blockchains at the same time.
Rootstock operates with its native token, rBTC, which is pegged 1:1 to Bitcoin. This means that for every rBTC in circulation, there is an equivalent Bitcoin locked on the Bitcoin blockchain. rBTC is used to pay for transaction fees and smart contract execution within the Rootstock ecosystem.
Let’s starting building on Rootstock, and below you can find all the resources that you need