Inspiration
Building on Bitcoin presents challenges like slow development process and lengthy synchronization times for testnet and mainnet transactions, often delaying development by 5-7 days to sync off-chain indexers with mainnet data. These delays hinder innovation and make Bitcoin less appealing for rapid development.
What it does
Eastlayer addresses these issues by offering a decentralized data layer for Bitcoin, accelerating development, enhancing composability, ensuring interoperability, and maintaining a trustless system. Eastlayer offers smart indexes, where developers can easily deploy custom indexing logic to process data from Bitcoin. This allows developers to focus on coding and building reliable, secure applications without being slowed down by wait times.
How we built it
The team got together and learn/work on different things in parallel. From networking, memory pool, to runtime, to sdk. Our collective experience building on many different chains make us understand the pain-point of being web3 developers. With focus on developer experience, we build everything from ground up.
Challenges we ran into
Building own runtime and VM is not an easy task. Managing shared-memory, host-client communication for wasm, handling bitcoin reorganization, and more.
Accomplishments that we're proud of
With Eastlayer, developers can now have 58% faster in development time when building on Bitcoin. Developers should focus on creating the product, not thinking about the infrastructure.
What we learned
We learned to create our own blockchain that is backed by Bitcoin. We learned how to create a proper WASM runtime that can interact with Bitcoin data. Lastly, we learned so much more about Bitcoin, how the transaction works, the UTXOs, the opcodes, types of script, and more.
What's next for Eastlayer
Our mission to be accelerate building on bitcoin. Bitcoin can be slow, but building on Bitcoin shouldn't. We're planning to open up our tech stack for public by the end of Q3.
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