In its Q1 2025 report, blockchain intelligence firm Messari highlights vital developments in Rootstock, a bitcoin sidechain, together with a record-high merged mining participation charge of 81%, up from 56.4% within the earlier quarter. This got here following the combination of Foundry, the most important bitcoin mining pool. Transaction prices on the community dropped by 60% as a consequence of collaborative efforts amongst core contributors and mining companions, enhancing person affordability. The report additionally notes the profitable implementation of the Lovell 7.0.0 improve, which improved EVM compatibility, and the combination of Layerzero, facilitating cross-chain asset transfers. Regardless of these developments, Rootstock skilled a 24% decline in onchain income, attributed to decreased transaction charges and a big drop in person exercise, with energetic addresses falling by 26.5% and new addresses by 55.7%.
Rootstock Achieved Record Merged Mining Participation Despite Declining User Activity in Q1
No Comments1 Min Read
Related Posts
Add A Comment