Near-zero Gas Fees and Fast Transactions

One of Bitrock’s standout features is its ability to provide transactions with near-zero gas fees. The average cost per transaction is around $0.00001, a stark contrast to the often volatile and high gas fees on Ethereum’s Layer-1 network. This fee structure makes Bitrock an attractive solution for developers and users who seek a cost-efficient blockchain experience.

Bitrock’s transaction efficiency is enhanced by its 1-second block times, which enable near-instantaneous transaction confirmations. This combination of low-cost and fast transactions positions Bitrock as a viable alternative to other Layer-2 solutions, particularly for use cases such as decentralized finance (DeFi) and gaming..

Rockswap, and its Multi-chain Integration

Rockswap is Bitrock’s native decentralized exchange (DEX) designed to support cross-chain transactions. Unlike traditional DEXs that are confined to one blockchain, Rockswap allows users to trade assets across more than 10 different chains, including Bitrock, without needing to hold native tokens or pay gas fees in the tokens of the destination blockchain.

This functionality simplifies asset swaps by allowing gas fees to be paid in the originating blockchain’s token, which removes the complexity typically involved in cross-chain trades. Bitrock’s partnership with Wanchain enables this cross-chain capability, allowing users to move assets between Ethereum, Binance Smart Chain, and others. The DEX facilitates faster and more cost-effective cross-chain trades compared to other platforms.

Rockswap is also integrated with Bitrock’s broader ecosystem, supporting staking, farming, and liquidity management. This integration positions it as a valuable tool for enabling decentralized finance (DeFi) within the network. It handles cross-chain transactions with lower costs and greater speed than many other decentralized exchanges

Token Creation Capabilities through Bitrock’s Token Builder

Bitrock offers a user-friendly token creation feature through its Token Builder, allowing individuals and developers to create custom tokens on the Bitrock blockchain without needing any coding or advanced technical knowledge. The token builder comes with preloaded contract templates, making it accessible to a wide range of users.

The tokens created using the builder are fully compatible with Ethereum’s standards (such as ERC-20), enabling them to be used within the larger Ethereum ecosystem. By offering a simplified token creation process, Bitrock empowers new projects to launch their own tokens easily, reducing the barrier to entry for token creation and decentralized finance projects.

Bitrock’s ecosystem includes staking and farming opportunities, primarily facilitated through Rockswap. Staking allows users to lock up their BROCK tokens or other assets to help secure the network, in return for rewards. The staking rewards vary depending on the platform but can be substantial, with some rates reaching as high as 60% APY (annual percentage yield) on the mainnet. Users also have the option to stake on Ethereum’s side of the platform, where the APY is lower but still competitive at around 30%.

Farming is available on Rockswap, where users can provide liquidity to various trading pairs and earn rewards in return. Liquidity farming incentivizes participation by distributing tokens to users who lock up their assets in liquidity pools. These pools help maintain the liquidity necessary for smooth trading operations on the DEX.

Staking and farming are integral to the health of Bitrock’s ecosystem, encouraging users to actively participate in the network while earning rewards. These mechanisms also contribute to the stability and liquidity of Rockswap, ensuring that the platform remains functional and efficient.

Highlights

• Bitrock offers near-zero gas fees, averaging $0.00001 per transaction, combined with fast, 1-second block times.
• Rockswap, Bitrock’s cross-chain DEX, facilitates multi-chain transactions without the need for native tokens or external DEXs.
• Bitrock’s Token Builder allows for easy creation of tokens without coding expertise, using preloaded contract templates.
• Users can participate in staking and farming through Rockswap, with competitive APY rates for securing the network and providing liquidity.
• The multi-chain integration of Rockswap enhances its functionality, making it an efficient platform for cross-chain asset swaps.