How Rome Scales Bitcoin

Walks through wrapping BTC as WBTC on Rome, using Solana for speed and low fees, and the overall asset flow from lock to release.

Bitcoin compose with Solana

Rome composes Bitcoin with Solana to allow Bitcoin holders to use their assets within the Solana ecosystem. This is achieved by wrapping Bitcoin into WBTC on the Rome Layer 2 platform, enabling interaction with dApps on Solana.

Bitcoin scale with Solana

Rome enhances the scalability of Bitcoin transactions. Solana's architecture allows for faster processing times and lower costs compared to the Bitcoin chain, making Bitcoin more efficient for high-volume and complex transactions within the Rome ecosystem.

Bitcoin Integration using Rome Stack

Sending and Locking Bitcoin

• Users send Bitcoin (BTC) to a multi-signature wallet managed by a relayer. This process enhances security and ensures the BTC is safely stored while awaiting the next steps.

• The relayer plays a crucial role in verifying the locking of BTC, maintaining the integrity and trust throughout the transaction process.

Minting and Utilizing Wrapped Bitcoin (WBTC) on Rome

• Following BTC locking confirmation, an equivalent amount of Wrapped Bitcoin (WBTC) is minted on the Rome Layer 2 (L2) platform. This mechanism allows users to capitalize on Bitcoin’s liquidity while accessing the extensive capabilities of the Rome platform.

• Users can engage in trading or interact with decentralized applications (DApps) within the Rome ecosystem, utilizing WBTC. This step showcases the composability aspect of Solana, enabling the integration and interaction of Bitcoin within a dynamic, scalable environment.

Unlocking and Releasing Bitcoin

• To convert WBTC back to native BTC, users initiate a burn process on the Rome platform. This action must be verified to proceed.

• Upon successful verification, BTC is released from the multi-signature wallet and returned to the user's wallet, thus completing the cycle of integration and utility within the Rome ecosystem.

Rome Leverages Solana for Enhanced Bitcoin Transactions

High Transaction Throughput

Solana's architecture significantly increases the number of transactions per second, reducing delays commonly seen with Bitcoin transactions.

Lower Transaction Fees

Solana’s low fees make it cost-effective for operations like minting and burning WBTC, supporting economical high-volume transactions.