Growing DeFi on Bitcoin: Rooch Network joins Cointelegraph Accelerator

Quick Summary:

Rooch Network, an application layer for Bitcoin featuring MoveVM and Bitcoin staking, has become the latest participant of Cointelegraph Accelerator.

While Ethereum and other blockchains have found ways to adapt and support DApps and smart contracts, Bitcoin’s contribution to decentralized finance (DeFi) remained limited due to its lack of native smart contract functionality.

Rooch Network’s approach aims to make Bitcoin a more versatile platform, empowering developers to unlock new potential within the ecosystem.

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Article Details

Author / Journalist: Cointelegraph by Cointelegraph Accelerator

Category: Crypto

Markets: United States

Topics: DApps DeFi Bitcoin Blockchain Cointelegraph Accelerator

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 14:00:00 (3 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 607 words

Reading Time: 4 minutes read

Sentences: 32 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 23517857

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About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 23 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 2 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

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