Bitroot
  • Bitroot Beginner’s Guide
    • What is Blockchain?
    • Why Use Blockchain?
    • Why Choose Bitroot?
  • About Bitroot
  • Core Products and Solutions
    • Bitroot Protocol Layer
    • BitrootNetwork Parallel Public Chain
    • Bitroot CeDeFi
  • Parallel Architecture and Technical Principles
  • Developer documentation
    • EVM(general)
    • EVM with Hardhat
    • EVM with Foundry
  • Reference
    • Bitroot's EVM RPC
    • Transactions
    • Viewing Tokens in MetaMask
  • Divergence from Ethereum
  • Product Manual and User Guide
    • Bitroot test network information
    • Bitroot Testnet Test Coin Claim
    • Add Bitroot network information
    • Swap
    • Adding Liquidity and Remove Liquidity
  • Token economic model and governance
    • Token issuance and distribution
    • Community Governance and Decision-making Mechanism
  • Participation in ecological co-construction
    • User participation
    • Developer Participation
  • Community, Ecology and Partners
  • Roadmap and future planning
  • Wallets
  • Block Explorers
  • FAQ
  • Brand Kit
  • Bitroot Official Link
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About Bitroot

Bitroot is a decentralized infrastructure platform committed to building an efficient, secure, and low-cost ecosystem for global digital assets and financial applications. The project focuses on three core areas:

  • Protocol Layer Products: One-click asset issuance and management on the Bitcoin chain.

  • BitrootNetwork Parallel Public Chain: A standalone Layer 1 blockchain with parallelized execution and efficient consensus to address latency and high gas fee issues faced by traditional blockchains.

  • CeDeFi Products: A hybrid financial model that merges centralized and decentralized finance to fulfill the yield generation needs of Bitcoin assets.

Market Background and Opportunities

  • Urgent Demand for Asset Issuance: Bitcoin, widely regarded as digital gold, currently serves primarily as a store of value and lacks easy-to-use mechanisms for asset issuance and management.

  • Public Chain Performance Bottlenecks: Existing blockchains like Ethereum face congestion, high latency, and high transaction costs, making them unsuitable for DeFi, NFTs, and high-frequency trading use cases.

  • Yield Generation Needs for Digital Assets: Bitcoin holders seek ways to generate yield on their assets in addition to storing value, creating a strong demand for low-risk, stable financial products.

  • Diversifying Ecosystem Trends: Blockchain is expanding into areas such as DeFi, NFTs, AI, and meme culture. A single-use-case blockchain can no longer meet the evolving needs of users.

Vision and Mission Bitroot envisions building an open, inclusive, and high-performance digital financial platform through technological innovation and ecosystem development. Its mission includes:

  • Lowering the entry barrier to blockchain and promoting financial inclusion.

  • Reshaping the models of digital asset issuance, trading, and management.

  • Providing secure, low-latency, and low-cost Layer 1 infrastructure.

  • Transforming Bitcoin's role from a static store of value into a dynamic financial tool.

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Last updated 1 month ago