After CKB launched the Bitcoin layer 1 asset issuance protocol RGB++ in the first half of the year, it has now launched CKB RGB++ Layer, which will not only ignite Bitcoin Finance (BTCFi), but may also drive all UTXO chains to take off.
JinseFinanceSince the AA narrative became popular in the Ethereum community in 2022, the concept of account abstraction has become popular in the Web3 community.
JinseFinanceWhen the RGB++ protocol was first launched, the market was very enthusiastic. The first use case of the “isomorphic binding” technology proposed by RGB++ combined the BTC network and the CKB network, which also triggered people’s new understanding of the CKB network.
JinseFinanceNervos Network expands on Bitcoin’s core technology, powering Bitcoin Layer 2 (L2) with a scalable layer of blockchain.
JinseFinanceBitlayer, CKB, and Bool Network discussed their views on the capital market, the Lightning Network, RGB and other well-known projects, the trustlessness of cross-chain bridges, and the path to breaking through the Bitcoin ecosystem.
JinseFinanceAt present, enhancing the programmability of Bitcoin and thereby increasing the utilization rate of the Bitcoin mainnet block space has become a new design space for the Bitcoin community consensus.
JinseFinanceCKB, a long-established project in the public chain ecosystem, has been active recently. After announcing that it would adjust the mainnet positioning to Bitcoin Layer2, it launched a layer asset protocol RGB++.
JinseFinanceAre RGB++ assets BTC assets or CKB assets?
JinseFinanceBefore we delve into the concept of RGB++, why the CKB team chose the RGB protocol, and how they plan the development of Bitcoin Layer 2, it is necessary for us to go back in time and learn more about the history, background, and original intentions of CKB.
JinseFinanceThe competition among third-party settlement layers under the Bitcoin chain may begin soon.
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