Coinbase Rosetta blockchain integration toolkit has now added Bitcoin implementation to make it easier for developers to integrate products with a few blockchains. Rosetta is an open-source project as we are reading more about it in the latest Coinbase news.
The goal of the Coinbase Rosetta toolkit is to standardize code so that developers can easily create blockchain applications on different chains. When the San Francisco based crypto exchange coinbase unveiled Rosetta, it vowed to expand it out to BTC and ETH. It is now starting to make goods on that promise and today it added Bitcoin as an implementation which will make it possible to integrate features that are not possible on the Bitcoin Core client.
Coinbase launched Rosetta but it got the support of other blockchain projects such as Celo, Blockstack, and Filecoin. Because each blockchain is written differently, the developers face challenges when creating products that are meant to work on multiple chains. Rosetta represents the ongoing attempt to standardize the format for what is now an idiosyncratic process, streamlining the development of cross-blockchain applications such as block explorers, wallets and dapps. According to Coinbase, more than 20 blockchain projects are implementing Rosetta and today’s announcement finally included Bitcoin.
With the integration, developers won’t have that many problems anymore with Bitcoin such as querying account balances to constructing transactions without having to import private keys onto the node. According to the announcement, the new feature will provide access to all these features requiring no configuration by default and can be started with a single command. Rosetta Tech Lead Patrick O’Grady said that the team is consistently looking to refine Rosetta and review community contributions that make it easy for the developers who are not steeped into Bitcoin or blockchain to get into the blockchain development:
“Running some sort of business on Bitcoin has historically involved running an indexer and a custom wallet to create and sign transactions with offline key. Rosetta-bitcoin makes this easy for any developer to do.”
Excited to share what I’ve been working on over the last few months at @coinbase! If you’re interested in helping build a common language for interacting with blockchains, apply here: https://t.co/McVa1ci0r9 https://t.co/Zn5Rgx7syE
— Patrick O'Grady (@_patrickogrady) September 22, 2020
It’s also a great tool for developers that have exposure to Web 3.0 saying that this is only the beginning and that the team wants to see the community contributions which will allow Lightning support as well:
“For existing blockchain devs curious about Rosetta, what better way to illustrate the core concepts than to showcase how it works for Bitcoin?”
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