How to Handle Bitcoin Transactions in Solidity
Bitcoin, a decentralized digital currency, serves as both a store of value and a means of transferring wealth. Its security is rooted in the blockchain, a distributed ledger maintained by a network of miners. These miners expend significant computational power and energy to create new blocks, which are added to the blockchain every 10 minutes. The more hashing power contributed by miners, the more secure the network becomes. Learn more about Bitcoin.
Rootstock, the pioneering open-source smart contract platform built on Bitcoin, aims to enhance the Bitcoin ecosystem by introducing smart contract functionality, near-instant payments, and improved scalability. Its comprehensive technology stack, encompassing Rootstock smart contracts and the Rootstock Infrastructure Framework, is designed to foster a more equitable and inclusive financial system. Read more about the Rootstock Stack.
The Bitcoin Solidity helper library facilitates seamless interaction between Bitcoin transactions and Solidity smart contracts on the Rootstock platform. In this guide, we will learn how to handle Bitcoin transactions in a Solidity Smart contract, we will also learn how to parse transactions, hash transactions and validate scripts for bitcoin transactions. You can find the public repository for the bitcoin transaction solidity helper library.