PANews reported on May 12th that according to CoinDesk, the latest report from data analysis firm Messari indicates that the Bitcoin DeFi ecosystem is experiencing a dual improvement in security and cost advantages. As a core infrastructure, the Bitcoin Layer 2 network Rootstock is currently protected by 81% of Bitcoin's total hash rate (an increase of 25 percentage points from February), with transaction fees reduced by 95% compared to the Bitcoin mainnet and 55% lower than the Ethereum network. The network supports smart contracts through an improved BitVMX programming language and is integrated with the cross-chain protocol LayerZero to achieve multi-chain interoperability.
The report emphasizes that with the joining of top mining pools like Foundry and Spiderpool, Rootstock's transaction verification security has significantly enhanced. By 2025, the network will continue to attract developers through upgrades such as further reducing transaction fees by 60%. Projects like Stacks and BOB are also accelerating the implementation of DeFi applications. Data shows that the current total locked value of Bitcoin DeFi has exceeded $1.5 billion, growing by over 300% since the beginning of the year.
