Fiber Network is a next-generation public lightning network built on Nervos CKB and off-chain channels, which can provide fast, low-cost and decentralized multi-currency payments and peer-to-peer transactions for RGB++ assets.
JinseFinanceAfter 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.
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.
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.
JinseFinanceBut perhaps because it is always subject to attacks, and with a $50 million exploit in 2019 looming over their heads, Upbit's approach towards security and risk is more prudent than most.
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