How the Build-on-Bitcoin Trend Embraces Ethereum’s DAO Concept

Thursday, 12 September 2024, 06:02

Build-on-Bitcoin trend highlights the innovative integration of DAOs from Ethereum. This trend showcases RootstockCollective as the first DAO on Bitcoin's layer 2, aiming to unite builders and users. The rise of DAOs within the Bitcoin ecosystem signifies a transformative shift in how decentralized communities operate.
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How the Build-on-Bitcoin Trend Embraces Ethereum’s DAO Concept

Exploring the Build-on-Bitcoin Trend

The Build-on-Bitcoin trend signifies a crucial moment for Bitcoin, as it begins to adopt various concepts once reserved for Ethereum, mainly the Decentralized Autonomous Organization (DAO). RootstockCollective emerges as the first DAO for Bitcoin’s layer 2, fostering an environment for collaboration among builders and users.

The Impact of DAOs on Bitcoin

With protocols like RootstockCollective, the integration of DAOs allows Bitcoin to tap into the growing decentralized community, driving innovation and engagement among its user base. This shift could potentially redefine governance and community dynamics in the Bitcoin ecosystem.

Significance of the DAO Model

The implementation of a DAO model on Bitcoin paves new pathways for decentralized governance, enhancing user participation and decision-making. Such developments could reshape expectations around what Bitcoin can achieve beyond its foundational currency role.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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