Development Team, Investors, Backers, and Partners
This Module covers the expertise of the Bitrock development team, the security verification through Assure DeFi, and partnerships and collaborations that enhance the functionality and credibility of the Bitrock blockchain.
Development Team and Their Expertise
The Bitrock blockchain project was developed by a highly skilled team with deep experience in blockchain technologies, decentralized finance (DeFi), and Layer-2 solutions. Unlike many projects that rely on external investors or venture capital funding, this project’s development team opted for self-financing the project to ensure full control over the project’s direction and decisions. The team has demonstrated significant technical prowess by launching Bitrock in a short timeframe—transforming the project from early concept to fully operational blockchain in a few months.
The decision to not fork an existing blockchain but instead create an original Layer-2 solution indicates the development team’s capabilities in innovation and design. They chose to build Bitrock from the ground up, focusing on scalability, speed, and cost efficiency. The choice of the IBFT 2.0 Proof of Authority consensus mechanism reflects their commitment to providing faster, cheaper, and more secure blockchain transactions. This method, which differs from the more common Proof of Work (PoW) or Proof of Stake (PoS) mechanisms, highlights the team’s understanding of the performance and security requirements for a modern blockchain platform.
KYC and Security Verification Through Assure DeFi
To bolster transparency and security, the Bitrock team underwent Know Your Customer (KYC) verification through Assure DeFi, a well-known verification service in the blockchain industry, offering rigorous KYC processes. Their collaboration with organizations such as the FBI and the US Attorney’s Office enhances their credibility. For blockchain projects, KYC verification helps instilling trust within the community, ensuring that the figures involved in the project are publicly accountable and there is minimal risk of fraud or misconduct.
Main Partnerships
Bitrock has formed some significant partnerships that contribute to the growth and functionality of its ecosystem. A very relevant partnership is with Wanchain, which has helped facilitating cross-chain interoperability. Wanchain’s technology powers Bitrock’s native cross-chain decentralized exchange (DEX), Rockswap, allowing assets to be traded across multiple blockchains without the need for native tokens from those chains. This integration greatly simplifies the user experience and lowers transaction costs for cross-chain swaps.
An interesting partnership is with CTDSEC, a well-regarded blockchain security audit firm, which has audited Bitrock’s blockchain and smart contract code, giving the project a strong validation in terms of security and code integrity, assuring users and developers that Bitrock’s underlying infrastructure is strong and free from exploitable vulnerabilities.
Collaborations and Integrations with Blockchain Platforms
Bitrock’s strategy for ecosystem expansion involves integrations with well-established blockchain platforms and tools. Some of the most notable include:
- Dextools: A platform for blockchain data analysis, which integrates Bitrock to provide users with analytics and real-time data about trading pairs and liquidity on the Bitrock blockchain. This integration helps users looking to monitor and trade assets efficiently in the Bitrock ecosystem.
- Bitmart: A global cryptocurrency exchange where Bitrock’s native token, BROCK, is listed. This partnership increases the token’s liquidity and accessibility, allowing users worldwide to trade BROCK tokens.
- TrustWallet: A decentralized wallet provider that supports Bitrock’s network, allowing users to store, send, and receive tokens on the Bitrock network, while enabling access to decentralized applications (DApps) running on the Bitrock blockchain.
These collaborations drive growth by enhancing Bitrock’s visibility, functionality, and accessibility within the broader crypto ecosystem.
Highlights
- Bitrock’s development team chose to self-finance the project, avoiding external venture capital or presales.
- The project underwent KYC verification with Assure DeFi, ensuring transparency and accountability.
- A comprehensive security audit was completed by CTDSEC, validating the integrity of Bitrock’s blockchain infrastructure.
- Partnerships with Wanchain and CTDSEC have strengthened the ecosystem’s cross-chain capabilities and security.
- Integrations with platforms such as Dextools, Bitmart, and TrustWallet have expanded Bitrock’s accessibility and utility within the broader crypto space.
Lesson 1:Introduction to Bitrock
Lesson 2:Development Team, Investors, Backers, and Partners
Lesson 3:Technical Architecture of Bitrock
Lesson 4:Main Features
Lesson 5:The BROCK Token and USDB
Lesson 6:Smart Contract and DApp Deployment
Lesson 7:Security, Audits, and Validator Mechanism
Lesson 8:Rockswap
Lesson 9:Token Builder
Development Team, Investors, Backers, and Partners
This Module covers the expertise of the Bitrock development team, the security verification through Assure DeFi, and partnerships and collaborations that enhance the functionality and credibility of the Bitrock blockchain.
Development Team and Their Expertise
The Bitrock blockchain project was developed by a highly skilled team with deep experience in blockchain technologies, decentralized finance (DeFi), and Layer-2 solutions. Unlike many projects that rely on external investors or venture capital funding, this project’s development team opted for self-financing the project to ensure full control over the project’s direction and decisions. The team has demonstrated significant technical prowess by launching Bitrock in a short timeframe—transforming the project from early concept to fully operational blockchain in a few months.
The decision to not fork an existing blockchain but instead create an original Layer-2 solution indicates the development team’s capabilities in innovation and design. They chose to build Bitrock from the ground up, focusing on scalability, speed, and cost efficiency. The choice of the IBFT 2.0 Proof of Authority consensus mechanism reflects their commitment to providing faster, cheaper, and more secure blockchain transactions. This method, which differs from the more common Proof of Work (PoW) or Proof of Stake (PoS) mechanisms, highlights the team’s understanding of the performance and security requirements for a modern blockchain platform.
KYC and Security Verification Through Assure DeFi
To bolster transparency and security, the Bitrock team underwent Know Your Customer (KYC) verification through Assure DeFi, a well-known verification service in the blockchain industry, offering rigorous KYC processes. Their collaboration with organizations such as the FBI and the US Attorney’s Office enhances their credibility. For blockchain projects, KYC verification helps instilling trust within the community, ensuring that the figures involved in the project are publicly accountable and there is minimal risk of fraud or misconduct.
Main Partnerships
Bitrock has formed some significant partnerships that contribute to the growth and functionality of its ecosystem. A very relevant partnership is with Wanchain, which has helped facilitating cross-chain interoperability. Wanchain’s technology powers Bitrock’s native cross-chain decentralized exchange (DEX), Rockswap, allowing assets to be traded across multiple blockchains without the need for native tokens from those chains. This integration greatly simplifies the user experience and lowers transaction costs for cross-chain swaps.
An interesting partnership is with CTDSEC, a well-regarded blockchain security audit firm, which has audited Bitrock’s blockchain and smart contract code, giving the project a strong validation in terms of security and code integrity, assuring users and developers that Bitrock’s underlying infrastructure is strong and free from exploitable vulnerabilities.
Collaborations and Integrations with Blockchain Platforms
Bitrock’s strategy for ecosystem expansion involves integrations with well-established blockchain platforms and tools. Some of the most notable include:
- Dextools: A platform for blockchain data analysis, which integrates Bitrock to provide users with analytics and real-time data about trading pairs and liquidity on the Bitrock blockchain. This integration helps users looking to monitor and trade assets efficiently in the Bitrock ecosystem.
- Bitmart: A global cryptocurrency exchange where Bitrock’s native token, BROCK, is listed. This partnership increases the token’s liquidity and accessibility, allowing users worldwide to trade BROCK tokens.
- TrustWallet: A decentralized wallet provider that supports Bitrock’s network, allowing users to store, send, and receive tokens on the Bitrock network, while enabling access to decentralized applications (DApps) running on the Bitrock blockchain.
These collaborations drive growth by enhancing Bitrock’s visibility, functionality, and accessibility within the broader crypto ecosystem.
Highlights
- Bitrock’s development team chose to self-finance the project, avoiding external venture capital or presales.
- The project underwent KYC verification with Assure DeFi, ensuring transparency and accountability.
- A comprehensive security audit was completed by CTDSEC, validating the integrity of Bitrock’s blockchain infrastructure.
- Partnerships with Wanchain and CTDSEC have strengthened the ecosystem’s cross-chain capabilities and security.
- Integrations with platforms such as Dextools, Bitmart, and TrustWallet have expanded Bitrock’s accessibility and utility within the broader crypto space.