Unlocking Advanced Blockchain Scalability: Exploring High-Speed Sidechains Compatible with EVMNote

Unlocking Advanced Blockchain Scalability: Exploring High-Speed Sidechains Compatible with EVMNote


Introducing Bitrock: A Unique Layer-2 Sidechain for You

Bitrock is an innovative layer-2 sidechain that offers compatibility with Ethereum. With its proof-of-authority (PoA) consensus mechanism and reliance on trusted validators, Bitrock ensures security and efficiency in your transactions.

The Advantages of Bitrock

When it comes to speed, cost-efficiency, and security, Bitrock stands out. It can process an impressive 12,000 transactions per second (TPS) in just 2 seconds, making it one of the fastest sidechains worldwide. Additionally, as a compatible platform with Ethereum, Bitrock supports all EVM-compatible smart contracts, allowing developers to seamlessly integrate and utilize its features.

Explore the Bitrock Ecosystem

Rockswap

Rockswap, the decentralized exchange (DEX) of Bitrock, empowers users to trade any token with their decentralized wallets. Thanks to its multichain integration layer, you can even purchase and sell tokens on Ethereum without holding or paying gas fees in the native token. Instead, gas fees are paid using Bitrock tokens.

Bitrock Staking

By staking Bitrock tokens, you contribute to fortifying the network. Staked tokens help verify transactions, add new blocks, and earn rewards. The rewards you earn depend on factors such as the amount staked, the staking period, and the current APY. While you can withdraw staked funds during emergencies, a 25% penalty on withdrawn funds applies. Currently, 40% of Bitrock’s total supply has been staked.

Bitrock Bridge and Token Builder

The Bitrock bridge, developed in collaboration with Sphynx Labs, allows easy token bridging to the mainnet, resulting in higher processing speeds and low fees. Additionally, Bitrock offers an in-house token builder feature for launching tokens with minimal coding knowledge. The smart contracts deployed using this feature are preloaded with security measures to protect them from tampering.

Join the Bitrock Community

The active Bitrock community can be found on various social platforms like Discord, Telegram, and Twitter. Community members contribute to the development of decentralized applications (dapps), submit bug reports, suggest new features, and assist with testing new releases. It’s a thriving ecosystem ready to welcome you.

The Remarkable Features of Bitrock Sidechain

Near-Zero Gas Fees

With Bitrock, you can conduct transactions at a fraction of a cent, making it highly cost-effective compared to other layer two chains. Gas fees can be as low as 0.000001 gwei when using the native BTR20 tokens.

Fast, Secure, and Scalable

Bitrock’s platform excels in processing transactions swiftly and reliably, making it ideal for dapps that require such performance. With its speed and scalability, Bitrock has a competitive advantage over its alternatives.

EVM Compatibility

Bitrock’s compatibility with the Ethereum Virtual Machine (EVM) ensures that developers can leverage their existing knowledge and smart contracts from the Ethereum ecosystem. This streamlined development process, combined with EVM-compatible security, enhances the overall security of Bitrock.

Unlocking New Possibilities with Bitrock

By leveraging its speed and scalability, Bitrock can power various projects in decentralized finance (defi), non-fungible tokens (NFTs), the metaverse, and GameFi. Integration with reputable platforms like Dextools, Dexview, and Trustwallet swapping, among others, provides endless possibilities for immersive user experiences.

Regulatory and Audit Compliance

Bitrock takes compliance seriously. The developers have completed thorough KYC registrations with Assure DeFi, an organization with strong ties to law enforcement agencies. Furthermore, Bitrock’s smart contracts have undergone auditing by CTDSEC, a trusted blockchain security firm.

A Hot Take on Bitrock

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Bitrock is a groundbreaking layer-2 sidechain that brings speed, efficiency, and security to the world of decentralized finance. Its compatibility with Ethereum, near-zero gas fees, and developer-friendly features make it a platform worth considering. Additionally, Bitrock’s commitment to regulatory compliance adds an extra layer of trust for users. Explore the Bitrock ecosystem and unlock a new world of possibilities!

Author – Contributor at | Website

Noah Rypton stands as an enigmatic fusion of crypto analyst, relentless researcher, and editorial virtuoso, illuminating the uncharted corridors of cryptocurrency. His odyssey through the crypto realms reveals intricate tapestries of digital assets, resonating harmoniously with seekers of all stripes. Noah’s ability to unfurl the labyrinthine nuances of crypto intricacies is elegantly interwoven with his editorial finesse, transmuting complexity into an engaging symphony of comprehension.