CryptoSpiel.com
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
CryptoSpiel.com
No Result
View All Result

Rollkit Developers Leverage Bitcoin for Sovereign Rollups, Sparking Criticism from Ethereum Proponents – Technology Bitcoin News

March 6, 2023
in Bitcoin
Reading Time: 6 mins read
A A
0
Rollkit Developers Leverage Bitcoin for Sovereign Rollups, Sparking Criticism from Ethereum Proponents – Technology Bitcoin News
0
SHARES
4
VIEWS
ShareShareShareShareShare

The Rollkit development team has announced that Bitcoin has been integrated as a means for sovereign rollups to store and retrieve data. The developers have stated that it is now possible to run the Ethereum Virtual Machine (EVM) on Bitcoin as a sovereign rollup. However, some Ethereum proponents have expressed dissatisfaction with the technology being referred to as a rollup, and have suggested that the team should avoid using the term.

Rollkit’s Modular Framework for Rollups and Its Potential Impact on the Blockchain Industry

On March 5, 2023, developers announced a new development that claims it is now possible to produce sovereign rollups to store and retrieve data using the Bitcoin blockchain. The team behind the project is Rollkit developers, who detailed that the technology allows for more possibilities for rollups and could help create a better block space fee market on Bitcoin. To make this possible, the Rollkit team used Taproot transactions to read and write data on Bitcoin and created the “bitcoin-da” package to provide the necessary interface. They also implemented the “SubmitBlock” and “RetrieveBlocks” functions for Rollkit to interact with Bitcoin.

Rollkit Developers Leverage Bitcoin for Sovereign Rollups, Sparking Criticism from Ethereum Proponents

“Rollkit is a modular framework for rollups that provides interfaces for plugging in different components, like data availability layers,” explained the Rollkit development team. “The newest addition is an early research implementation of a module that allows a Rollkit rollup to use Bitcoin for data availability.” The software programmers also noted that the Ordinal inscription trend on Bitcoin showed the team the possibilities, and they followed a similar design process. “At its core, all that was needed was two functions: one to submit rollup blocks and another to retrieve them,” the Rollkit developers said.

The Controversy Surrounding Rollkit’s Integration of Bitcoin for Sovereign Rollups

Following the announcement from Rollkit developers, a number of Ethereum proponents criticized the team for describing the process as a rollup. ETH supporter Ryan Berckmans said: “A ‘sovereign rollup on Bitcoin’ is actually an alt L1 that stores its block data on Bitcoin. It’s not a real rollup or a real L2. [In my opinion], the best way for us to fight back against these lies is to build an Ethereum zk L2 that puts its data on Bitcoin.”

Another person insisted, “Just because you have data availability doesn’t make it a rollup.” The founder of Interlay, Alexei Zamyatin, also criticized Rollkit’s announcement. “Pls ser, read this paper,” Zamyatin wrote. “You inherit *nothing* of Bitcoin’s security. Data availability – OK, but honestly, that’s been used since 2012. The entire post describes ‘I write some data to Bitcoin’ with fancy buzzwords,” Zamyatin added.

Rollkit Developers Leverage Bitcoin for Sovereign Rollups, Sparking Criticism from Ethereum Proponents

The Rollkit developers have released a demo video on Youtube of the technology in action. The team has also written a comprehensive blog post detailing how it works. “As we move towards a future where sovereign communities will form around different applications, asking them to incur the high cost and overhead of deploying a layer 1 blockchain to be sovereign is not sustainable,” the Rollkit blog post concludes. “Sovereign rollups fix this by making it possible to deploy a sovereign chain that inherits the data availability and consensus of another layer 1 chain such as Bitcoin.”

Tags in this story
Alexei Zamyatin, Bitcoin, bitcoin-da package, Blockchain, blockspace fee market, BTC proponents, comprehensive blog post, Consensus, data availability, data availability layers, demo video, ETH Proponents, ETH supporter, Ethereum Virtual Machine, EVM, Interlay, L1, L2, layer 1 chain, modular framework, Ordinal inscription trend, RetrieveBlocks, Rollkit, Rollkit Bitcoin, Ryan Berckmans, Security, software programmers, sovereign communities, sovereign rollups, SubmitBlock, Taproot transactions, technology, YouTube, zk L2

What do you think about the use of Bitcoin as a means for sovereign rollups? Do you believe it has the potential to create a better block space fee market on Bitcoin or do you agree with critics that it’s not a real rollup? Share your thoughts in the comments section below.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.




Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

More Popular News

In Case You Missed It


Credit: Source link

RELATED POSTS

Kalshi’s Most-Requested Market Isn’t Politics, It’s Divorce

Trump Meme Team Moves $26.65M in SOL Ahead of Token Unlock

Bitcoin’s Price Rally Fuels Binance’s Record $15.7B August Inflows

Buy JNews
ADVERTISEMENT
ShareTweetSendPinShare
Previous Post

Head of $2,500,000,000 Coinbase-Acquired Crypto Fund Says Next Bull Market Will Be ‘Very Powerful’

Next Post

Early Contributor of Banned Tornado.Cash Announces Launch of New and Improved Version of Mixing Service

Related Posts

Kalshi’s Most-Requested Market Isn’t Politics, It’s Divorce
Bitcoin

Kalshi’s Most-Requested Market Isn’t Politics, It’s Divorce

September 1, 2026
Trump Meme Team Moves $26.65M in SOL Ahead of Token Unlock
Bitcoin

Trump Meme Team Moves $26.65M in SOL Ahead of Token Unlock

September 1, 2026
Bitcoin’s Price Rally Fuels Binance’s Record $15.7B August Inflows
Bitcoin

Bitcoin’s Price Rally Fuels Binance’s Record $15.7B August Inflows

September 1, 2026
Next Post
Two Altcoins Are Soaring After Surprise Listings on Crypto Exchange Binance

Early Contributor of Banned Tornado.Cash Announces Launch of New and Improved Version of Mixing Service

Tech Giant Apple Authorizes NFT Purchases in Apps, Imposing Hefty Fees on Sales: Report

Chiliz (CHZ) CEO Outlines Future of Fan Tokens, Says We Haven’t Seen Full Potential Just Yet

Recommended Stories

Fed Chair Kevin Warsh triggers a $488 million crypto liquidation cascade as rate-hike expectations rise

Fed Chair Kevin Warsh triggers a $488 million crypto liquidation cascade as rate-hike expectations rise

August 28, 2026
Santos Fires Back at Kalshi Lifetime Ban

Santos Fires Back at Kalshi Lifetime Ban

September 1, 2026
Ripple (XRP) Breakout Confirmed? Analyst Sets the Next Big Target

Ripple (XRP) Breakout Confirmed? Analyst Sets the Next Big Target

September 1, 2026

Popular Stories

  • IOTA achieves significant progress with release of v1.0.0-alpha.2

    Here’s How IOTA 2.0 And Shimmer Can Work In synergy

    0 shares
    Share 0 Tweet 0
  • Multicoin Capital’s Vision for 2024: Embracing AI, Crypto, and Web3 Innovations

    0 shares
    Share 0 Tweet 0
  • Bitcoin’s best August since 2017 is hiding a major weakness

    0 shares
    Share 0 Tweet 0
  • ‘Incumbents’ Are Trying to Kill Crypto Competition

    0 shares
    Share 0 Tweet 0
  • Virtuals Protocol Is Now Live on Ethereum With Full Agent Access

    0 shares
    Share 0 Tweet 0
CryptoSpiel.com

This is an online news portal that aims to provide the latest crypto news, blockchain, regulations and much more stuff like that around the world. Feel free to get in touch with us!

What’s New Here!

  • Kalshi’s Most-Requested Market Isn’t Politics, It’s Divorce
  • HKMA Warns of Fraudulent Websites Exploiting FPS Services
  • Bitcoin Makes History With First-Ever Green August During a Bear Market

Subscribe Now

Loading
  • Live Crypto Prices
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - cryptospiel.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams

© 2021 - cryptospiel.com - All rights reserved!

Please enter CoinGecko Free Api Key to get this plugin works.