Rootstock to launch private testnet later this month

Rage Review : RootStock is a smart contract platform built on the Bitcoin blockchain, dedicated to creating a side chain of the Bitcoin blockchain by integrating smart contracts to solve the original defects of the Bitcoin blockchain. The platform has announced that it will release a beta network this month, which has excited many people who are looking forward to it.

Translation: Annie_Xu

Rootstock is the most exciting project in the field of Bitcoin and digital currency in recent times. Introducing smart contracts into the Bitcoin ecosystem will make it equivalent to Ethereum in some aspects; Rootstock announced that it will release a private test network at the end of this month.

Rootstock is slowly approaching completion

Many people hope to apply smart contracts to the Bitcoin ecosystem, which sounds interesting at first glance; because enthusiasts have long known about the existence of smart contract technology, but few companies and developers have explored it.

Rootstock has excited a large part of the Bitcoin ecosystem because its concept has many advantages. Now the platform team has stated that it will apply smart contracts to the next private network test, so everyone is looking forward to seeing its impact on Bitcoin and Ethereum.

But Rootstock is more than just smart contracts, as the platform will also support Turing-complete language scripts. Although it is difficult to explain this complex technology in a few words, interested parties should take a closer look at the white paper released by the team not long ago.

However, we still need to think carefully about the concept of Rootstock, because these smart contracts will only recognize Bitcoin as a digital currency. This means that these smart contracts are not verified on the Bitcoin blockchain, and miners are not involved in the process. The entire process is completed by the Rootstock node, and anyone in the world can run this program.

Still, Rootstock will be interesting to watch next. Integrating smart contracts with Bitcoin is not new, but this platform may be the technology that truly establishes the two together. Those who can’t wait can check out BitHalo; or you can develop your own solution.