$SOL Rootstock's "Lovell" Update Enhances Bitcoin Sidechain Functionality
Rootstock, a Bitcoin sidechain focused on smart contracts, released its "Lovell" update on March 13, introducing improvements in scalability, security, and transaction efficiency.
Key features of the update include:
* Reduced Gas Fees: A 60% reduction in gas fees, achieved through collaboration with combined mining partners, benefiting both users and dApp developers.
* Enhanced PowPeg Bridge Security: Strengthened security of the native PowPeg bridge, which connects Bitcoin to Rootstock, via pre-transaction checks.
* Increased Decentralization: Preparations to expand the PowPeg signer (pegnatario) count from 9 to 60, potentially positioning Rootstock as a highly decentralized sidechain
