what's Rootstock Collective?
Rootstock Collective is a decentralized community organization within the Rootstock ecosystem, designed to incentivize builders, developers, and backers working on Bitcoin Layer 2 solutions. It emphasizes governance participation, rewards for contributions, and recognition to drive innovation and adoption of decentralized applications on Bitcoin, addressing the need for programmable features beyond its store-of-value role. Rootstock, the core platform it supports, is an EVM-compatible sidechain secured by Bitcoin's Proof-of-Work through merged mining, leveraging over 60% of Bitcoin's hash power. This enables scalable smart contracts, DeFi protocols, and interoperability with Ethereum tools using Solidity, while maintaining Bitcoin's security model via a two-way peg with RBTC (pegged 1:1 to BTC).
DAO votes to launch All-or-Nothing crowdfunding smart contract on Rootstock for Bitcoin.
Links
x.com/rootstockcollDAO is voting to launch a modular, open-source smart contract on Rootstock that brings All-or-Nothing crowdfunding to Bitcoin.
Representative from the project participates as guest speaker at WalletConnect Townhall on Thursday 4PM CET to discuss latest updates and ecosystem developments across the WalletConnect Network.