The technological breakthroughs in the Bitcoin ecosystem over the past two years are truly impressive. The Stacks sBTC upgrade was officially implemented in March this year, with the core innovation being the complete decentralization of Bitcoin's two-way peg—managed by a distributed alliance of 210 signers jointly controlling the locked Bitcoin. This mechanism is much more secure than traditional centralized custody. More practically, the withdrawal time was reduced from 7 days to 4 hours, significantly improving user experience.
Meanwhile, Rootstock has been busy as well. The RIF upgrade increased TPS from 300 to 2000 and achieved full compatibility with EVM, meaning that applications on Ethereum can migrate more smoothly. From a technical perspective, both projects are working towards the same goal—making Bitcoin a truly usable smart contract platform.
Looking at ecosystem data, the TVL of Bitcoin DeFi surged from $4 billion to $12 billion in a short period, with a threefold increase indicating real capital inflow. The average annualized return remains around 15%, which is attractive for funds seeking stable yields. However, it must be said—high returns always come with high risks. Two major security incidents have already occurred this quarter, with total losses reaching $47 million. Smart contract vulnerabilities are beginning to surface, and participants should remain vigilant.
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SingleForYears
· 5h ago
A 4-hour withdrawal feels great, but losing 47 million is not so fun.
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Tripling TVL? Is it really impressive or a trap? It depends on who’s taking over.
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Decentralized sBTC sounds good, but I’m worried there might be a traitor among the 210 signers.
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15% annual yield? I just want to know who dares to bet their entire fortune on it.
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Tired of hearing about EVM compatibility—can Rootstock survive the next bear market before bragging again?
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Only 47 million paid out after two security incidents? That’s a bit low; this cycle is far from over.
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Bitcoin DeFi is taking off, but I’m still waiting for the third vulnerability to be exposed.
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Decentralized management must be safe? I doubt it; distributed risks can sometimes be worse than centralized ones.
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A 15% annual rate sounds stable, but in reality, it’s just waiting for the next crash.
View OriginalReply0
LayoffMiner
· 5h ago
4-hour withdrawals, now that's the speed it should be
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Stacks is really serious about this. I’m impressed with their decentralized custody logic
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15% annual yield sounds great, but with a $47 million hole to fill, who will bear the cost?
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EVM compatibility is a key step. Rootstock has found the secret, making ecosystem migration much smoother
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210 signers diversify risk, much better than a custodian. This is true decentralization
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TVL tripling in just half a year? That feels a bit suspicious, there might be some water in it
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Reducing withdrawals from 7 days to 4 hours really improves user experience. These small details make a difference
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With DeFi security incidents happening so frequently, I’ll stay on the sidelines and watch others take the risk
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The success of Bitcoin smart contracts is a major milestone, but the ecosystem still needs more time to mature
View OriginalReply0
PerennialLeek
· 5h ago
sBTC four-hour withdrawal is really yyds, finally no need to wait a week
Rootstock's TPS surge this time is too fierce, 2000 really slapped a lot of L2
TVL tripling sounds great, but a $47 million hole can scare people to death...
15% annualized return? Just looking at it makes me want to run
Bitcoin DeFi is hot, but I'm worried that one day there will be a big smart contract vulnerability package
EVM compatibility is indeed well done, ecosystem integration will be smoother
Decentralized custody better than centralized? That's what they say, but it mainly depends on actual operational level
Is this growth driven by real demand or capital speculation game? I have no idea in my heart
View OriginalReply0
BearMarketMonk
· 5h ago
sBTC decentralization plan is indeed solid, but are 210 signers really reliable?
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4-hour withdrawal sounds great, but I wonder how much security has been compromised.
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The tripling of TVL is real, funds are coming in, but the $47 million gap is also real money lost.
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RIF reaching 2000 TPS is definitely possible, and the EVM compatibility part seems to be copying Ethereum's homework.
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15% annualized yield sounds attractive, but how to quantify the risk? That’s the real danger.
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Bitcoin ecosystem finally has some presence, but the risk warning is the real truth.
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Decentralized custody sounds advanced, but in reality, it just disperses risk; fundamentally, it’s still risk.
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RIF speed improvements are okay, but can the ecosystem applications really migrate smoothly? I remain skeptical.
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Behind the tripling growth is real money, but when things go south, that real money is also gone.
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The sBTC plan is fine on paper, but the real test is whether it can actually run.
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There has been progress in the past two years, but it’s not yet on par with Layer 2 solutions.
The technological breakthroughs in the Bitcoin ecosystem over the past two years are truly impressive. The Stacks sBTC upgrade was officially implemented in March this year, with the core innovation being the complete decentralization of Bitcoin's two-way peg—managed by a distributed alliance of 210 signers jointly controlling the locked Bitcoin. This mechanism is much more secure than traditional centralized custody. More practically, the withdrawal time was reduced from 7 days to 4 hours, significantly improving user experience.
Meanwhile, Rootstock has been busy as well. The RIF upgrade increased TPS from 300 to 2000 and achieved full compatibility with EVM, meaning that applications on Ethereum can migrate more smoothly. From a technical perspective, both projects are working towards the same goal—making Bitcoin a truly usable smart contract platform.
Looking at ecosystem data, the TVL of Bitcoin DeFi surged from $4 billion to $12 billion in a short period, with a threefold increase indicating real capital inflow. The average annualized return remains around 15%, which is attractive for funds seeking stable yields. However, it must be said—high returns always come with high risks. Two major security incidents have already occurred this quarter, with total losses reaching $47 million. Smart contract vulnerabilities are beginning to surface, and participants should remain vigilant.