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Cryptocurrency events and conferences come in many forms, big and small. The Rootstock Summit, a free-to-attend one-day event, should not be overlooked. Several announcements will advance the future of building on Bitcoin with smart contracts and the second-layer virtual machine.
The First-ever Rootstock Summit
When new crypto and blockchain events come to fruition, paying attention to what one can expect is crucial. Rootstock Summit primarily focuses on building on the Bitcoin network, even though the base layer has no support for smart contracts and relatively slow transactions. Rootstock fixes those aspects and will continue pushing the innovation boundaries on Bitcoin.
Hosting the inaugural Rootstock Summit in Buenos Aires – at Sans Souci on November 10, 2022 – makes much sense. Bitcoin continues to build substantial momentum across Argentina and neighboring countries. Moreover, IOVLabs, the creators of Rootstock’s infrastructure framework and smart contract network, is a well-respected entity in the region.
The focus of the Rootstock Summit is two-fold. First, it signifies the ongoing project transition to a more community-driven approach. Brand ownership will shift to the community through open-source marketing materials and brand assets. Second, the brand identity will shift away from Rootstock and become “Built on Bitcoin”. That change signifies the roots of the project in the Bitcoin ecosystem.
Attendees can look forward to various talks and panels, spanning interoperability, DeFi on Bitcoin, scalability, identity, society & culture, and more. In addition, several ecosystem participants will attend the Rootstock Summit, including Money on Chain, Tropykus, Taringa!, Sovryon, Defiant, etc.
Building On The Solid Rootstock Foundation
Since its inception in 2014m Rootstock has become synonymous with ongoing Bitcoin ecosystem growth. Additionally, the additional functionality through smart contracts and improved transaction times make for an appealing development layer. Additionally, there are still many capabilities waiting to be explored. Built on Bitcoin is more than a brand; it is a commitment by developers building on the most secure blockchain in the world.
Rootstock Co-Founder Diego Gutierrez Zaldivar states:
“Rootstock is one of the most secure smart contract platforms in the world, bringing long term value and sustainability to Bitcoin. I’m thrilled for Rootstock’s ecosystem members to come together at the Summit and celebrate the many milestones achieved in the past five years, including surpassing 50% of Bitcoin hashing power through merged mining, and seeing the launch of the first DeFi on Bitcoin protocols. The event is an incredible opportunity to build the vision of Rootstock’s future together with the community.”
As the prominent Rootstock ecosystem participants take center stage at the Rootstock Summit, attendees can expect numerous announcements, talks, and panels. Tickets for the event are free and available through Eventbrite.
