Weβve got some exciting news! CrowdSwap is partnering with Rootstock to connect this Bitcoin sidechain to the most popular EVM blockchains using our fast, reliable, and cost-effective cross-chain solution.
Following our successful collaboration with DeFiMetaChain, where their community enjoyed seamless swaps between six blockchains, weβre now expanding this service to Rootstock. This means their users and ours, can explore vast opportunities across every blockchain we integrate.
Partnering for DeFi: CrowdSwap and Rootstock
In the world of DeFi, blockchains can create incredible opportunities, but they often feel isolated, with users spread across different networksβsome on Ethereum, others on Binance Smart Chain (BSC), and many more across other blockchains.
But this issue has a solution: a reliable cross-chain bridge. At CrowdSwap, weβve recently upgraded our cross-chain solution to be faster, more reliable, and to offer the most competitive prices on the market.
Read More: βWhat Are Cross-Chain Swaps?β
Read More: βThe Best Cross-Chain Bridge, Perfect for Transactions Up to $500 and Beyondβ
Our mission has always been βThe Mass Adoption of DeFi.β We believe this will happen when everyday users have a simple and practical bridge to move their assets freely between popular blockchains. Thatβs precisely what we aim to achieve; by setting up this bridge, weβre building the foundation for our new partner, Rootstock, to attract more users and showcase the unique opportunities they offer.
About Rootstock
Rootstock is a smart contract platform built as a sidechain to Bitcoin, designed to bring Ethereum-like functionality to the Bitcoin network. It allows the creation and execution of Turing-complete smart contracts, which enables decentralized applications while using Bitcoin (BTC) as its native currency.
Rootstock claims to enhance Bitcoin’s capabilities with Faster transactions, improved scalability, and Merged Mining.
About CrowdSwap
CrowdSwap is the leading decentralized exchange that brings simplicity, security, and innovative features into DeFi. We aim to facilitate mass adoption of DeFi by simplifying it to its core elements and cutting down on the excessive information found in other exchanges. In doing so, we make it accessible and enjoyable for everyone, from experienced traders to newbies. In addition to creating the best working DeFi services, we are pioneers in developing new features, such as the first DeFi ETF and cross-chain investment. These unique solutions have saved our community and customers a significant amount of time, effort, and cost.
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Wrap-Up
Our partnership with Rootstock is an exciting milestone in our shared mission to enhance the DeFi landscape. By connecting this innovative Bitcoin sidechain to the most popular EVM blockchains through our reliable cross-chain solution, we are opening up a world of opportunities for users in both communities. Together, we are committed to simplifying blockchain interactions and empowering users to navigate the DeFi ecosystem with ease. We look forward to collaborating closely with Rootstock to drive the mass adoption of DeFi and unlock the unique possibilities that lie ahead.
FAQ
What is the purpose of the partnership between CrowdSwap and Rootstock?
The partnership aims to connect Rootstock, a Bitcoin sidechain, to the most popular EVM blockchains using CrowdSwapβs fast, reliable, cost-effective cross-chain solution. This collaboration will enhance accessibility and opportunities for users from both communities in the decentralized finance (DeFi) space.
How does CrowdSwapβs cross-chain solution benefit users?
CrowdSwap’s upgraded cross-chain solution provides users a reliable bridge to move their assets freely between various blockchains. It is designed to be faster, more reliable, and offers the most competitive prices, making it easier for users to engage in seamless swaps and explore new opportunities across integrated blockchains.
What is Rootstock?
Rootstock is a smart contract platform that operates as a sidechain to Bitcoin, enabling Ethereum-like functionality within the Bitcoin network. It allows the creation and execution of Turing-complete smart contracts, facilitating decentralized applications while using Bitcoin (BTC) as its native currency. Rootstock enhances Bitcoinβs capabilities by providing faster transactions, improved scalability, and merged mining.