BTC Ecology #RGB The protocol is about to explode, taking stock of the projects worth paying attention to in the RGB Ecosystem

The #rgb protocol is based on client-side verification proposed by Peter Todd in 2016, a client-side state verification and smart contract system that runs on the second and third layers (off-chain) of the Bitcoin ecosystem.

The base layer of the RGB protocol is the Bitcoin blockchain, which contains the Satoshi PoW consensus and transaction ledger. While it does not require any data to be stored on-chain, it still follows existing infrastructure, utilizing Bitcoin transactions as the repository for these commitments. This is accomplished by building upon the Bitcoin protocol layer, laying the foundation for client-side verification.

RGB development history

Let’s take a brief look at the development history of RGB:

2016: Giacomo Zucco originally conceptualized the RGB protocol, inspired by the ideas of Peter Todd.

2017: BHB Network launches the original version of the RGB protocol and is supported by Poseidon Group.

2019: Maxim Orlovsky and Giacomo Zucco form the LNP/BP Standards Association to advance RGB toward practical applications. Dr. Maxim Orlovsky began redesigning the RGB protocol.

2021: The association demonstrates RGB’s Turing Complete Virtual Machine (AluVM), and RGB starts running on the Lightning Network.

2022: Introducing Contractum, a new language for writing RGB smart contracts for Bitcoin and Lightning Network, and its new website.

April 2023: RGB v0.10 is released, bringing full smart contract support to Bitcoin and the Lightning Network, marking an important development stage for the RGB protocol

In fact, RGB was born very early, but there has been no ecological project hype. The reason is that there are few ecological projects and the BTC ecological development is too slow. But this year is different from the past. Every protocol in the BTC ecosystem has been dug out for speculation and attention. For details, please see our previous article.

Why do we focus on the RGB track first? The main reason is that there are currently many projects on this agreement that are about to be launched. Compared with other agreements, the action is faster. The fastest projects may be online for trading by the end of the month.
#BTC #ARKB是BRC20一道靓丽的风景线美国sec批准的第一个比特币现货ETF， #BRC20铭文正在改写整个加密领域的格局，ARKB值得购买。
$BTC $ETH $BNB

Nervape has launched a new website 👉 nervape.com/nervape. You can check if you are a Bonelist. If you are interested, you can mint the products released by Nervape on RGB++ in April. Get ready $BTC to participate #rgb

How many of today's hot events do you know?

Those who played meme before are lucky!

1. The new BRC20 inscription ANSM makes GAS directly increase to 260

2. The RGB++ runes that were played by joyid wallet have all been received

3. It is said that the Xiaomi walkie-talkie purchased by playing meme before has an airdrop

4. The recent big pie chain GAS is high, be careful to be buried when playing inscriptions!

#铭文市场 #符文 #rgb

JoyID Wallet Market is now open
Link: https://app.joy.id/market
#rgb
$CKB $BTC

In the past two hours, almost all groups have been discussing the first protocol of rgb++. Just now, the first official network asset of RGB++ has been issued. The official said that it is being distributed one by one according to the order on the chain.

Total assets: 21,000, 1,000 coins per piece
One member of the group issued two or three hundred pieces, and the current over-the-counter quotation has reached 300 dollars per piece. I am really envious!
#rgb

The king bomb is coming, AVM will be launched in the first week of May!

The rotation is just short of inscriptions. The previous period was the darkest stage before dawn. There will be endless good news in the future: Atomicals split will be launched soon, AVM will be launched in the first week of May, ordi will be on coinbase contract, rgb++ and ckb are hot, rune stone and runes protocol will be launched soon.

Pay attention to Ajie's free sharing of all layouts to provide you with the most accurate and timely information.
No boiling near jin skirt area qun; + Wei; bq6jie

#ordi。 #rgb #CKB下跌就是机会 #runes #大盘走势

Many people complain about #币安web3钱包 , but it is actually a good thing for Binance #Binance .
Just like "Imperfect Children", the whole world is expecting Inscription to fly higher, and only those who make serious complaints are sincere feedback. Users don’t know the twists and turns of cross-department new business research and development. As a PM and a technician, I have a deep understanding of this. I submitted my resume to Binance before but got no feedback. In order to avoid missing out on #BTCLayer2 the new ecological era, I am working on #rgb game social networking #JUEs

There will be people adding positions one after another, and there will definitely be people who blame themselves for not buying the #RGB #rgb protocol platform currency when they saw it. #JUEs Market value changes
70,000 a week ago - #BRC20 Casting cost
1.28-80,000
1.29-100,000
2.1-150,000
2.2 Today-210,000
Low market capitalization is not only not a disadvantage, but also an advantage. Participation costs and risks are low for everyone. Specific individuals use the lowest cost to participate and get the highest double.
But everything has risks, and risks must be warned objectively. It remains to be seen how many times it will be in the future. Time will reward those who are forward-thinking and anti-human.

Which sectors will benefit before and after the Bitcoin production cut?

There are still 13 days before the Bitcoin production cut.
There is a production cut every four years, and there must be a bull market before and after the production cut. This has almost become a law.
Before and after the production cut, I am conservative about the overall market, but I have more confidence in BRC20. This article will talk about this point of view, of course, it is completely personal opinion.

The reduction of Bitcoin production has the greatest impact on miners, but over the years, the output has become less and less, the cost has become higher and higher, and the price of the currency has also risen, so even if less is mined, miners can still survive.
Miners' income mainly depends on: mining and transaction fees.
There are 21 million Bitcoins in total, and nearly 19.67 million have been mined so far, with more than 1 million left.
With less and less output, if miners rely solely on mining, even if the price of the currency rises, it will not be enough to support the survival of so many mining farms around the world.
Mining income will eventually become history, so how can mining farms survive?
It can only be compensated by packaging transaction fees.
Therefore, Bitcoin needs to be transferred, traded, and increase the activity on the chain. We cannot let everyone wait for the increase in Bitcoin, otherwise the income of the mining farm will decrease. If the mining farm's income decreases, a large number of mining farms will go bankrupt, forming a vicious cycle. This is also the reason why there are mining farms that cannot survive every bear market.
Therefore, the activity on the Bitcoin chain will drive the price of Bitcoin to a certain extent, and also cause congestion on the chain and a surge in miner fees. Retail investors don't like this congestion, but miners like it.
When the inscription was hyped last year, the on-chain miner fee soared dozens of times, from 20sats to 600sats, which brought a lot of income to miners and indirectly promoted the rise of Bitcoin at the end of last year.
Many people call it "Inscription Bull".
So if there are still people who tell you that inscription is air, BRC is air, and there will be no bull market in the future for BRC, you can let him die, because he may not even understand the logic of BRC.
However, it should be clear that inscription and BRC are not exactly the same. When I talk about inscription, most of the time I am talking about BRC20 protocol, not other protocols.
To sum up, Bitcoin cannot do without miners. Miners need BRC20 inscriptions, and they also need other Bitcoin chain ecosystems, the second layer.
In short, it is a relationship of mutual benefit.

Speaking of Bitcoin production cuts, historical experience shows that the market conditions at that time and in that month would not be too good. Although we cannot stick to the old ways, at least we need to have an idea in mind and think of a plan to deal with it in advance.
However, before and after the Bitcoin production cuts, it is very likely that there will be a small bull market for BRC20 under it, because sooner or later everyone will react. Bitcoin production cuts are not good for the big cake at the time, but they may be good for the ecosystem.
Therefore, Wang Ge also predicted in his previous article that there may be a climax of inscriptions in April and May. A RGB has been released in the past few days, which has brought about an effect, and there may be more in the future.
Jiaoliuqun+Wei: 2758624303 I have also started to play some inscriptions recently.
Regarding the choice of inscriptions, I personally hold Audi. In addition, I have previously bought some inscriptions such as TURT, MUBI, RATS, and ROUP, which have all started to rebound recently.
But apart from these mainstream inscriptions, in fact, new inscriptions will have lower risks and higher returns. Except for the leading ones, old inscriptions will have locked-in shares, so the expectations will be slightly smaller.
In addition, it is impossible to predict whether the inscriptions will pull back in the short term (before the reduction in production). If so, it is an opportunity.
Finally, everyone can pay attention to a new project called OX, which still has some potential. How to choose and when to enter is up to you. #大盘走势 #新币挖矿 #rgb

#rgb Game social product, real name + fair casting + all income goes to all holders + #BRC20 The first platform currency. The product is expected to be launched during the Spring Festival half a month later, with 170 holders and 54 angel investors. Disadvantages: Few people, long cycle, no liquidity in the near future, price is closely related to the product, and community building has not yet begun. Advantages: The platform currency can be exchanged rigidly for $BTC , which is very safe. The market value is only 90,000$, and a hundred times is only 9 million. The certainty is high. Please plan for BRC20’s #JUEs

#CKB下跌就是机会
#新币挖矿
#rgb
Project: The first rgb++ asset on ckb. The project RGB+++ promoted by the community has achieved 250 times+ profit
Recommendation index: Five stars, you will definitely win if you press the head!
Minting cost: Free, only GAS
GAS coin: CKB
Start time: Estimated within 24 hours
📕Preparation:
1) Create a joyid wallet account
2) A little CKB as GAS
3) Create multiple accounts in Google browser to prevent single address casting restrictions

joyid wallet:
https://app.joy.id
Project Twitter:
https://twitter.com/nomadlandio

Soon, the lonely seal will have more friends! RGB++ is coming soon, get ready for GAS and play with us! ! ​​​ #rgb

The recent RGB++ ecosystem is really hot.

Jobid wallet discouraged many friends

The 42,000 tickets this morning ended in a very short time. I don’t know

what the results will be in the next period of time!

Attached below are some official information!

The total amount of RGB++ is 4200 0000, divided into two chains, each accounting for 50%.

It is the same asset. You can play both or just one.

The mint of the ckb chain has been completed

The process of BTC is to transfer BTC from the exchange to joyid wallet, and then transfer any amount to your own address (do not use other addresses, there are many scammers about hash here, don’t be fooled).

tx hash id is copied to nomadland (you can only use joyid here, from your own joyid to your own joyid, it is recommended to use taproot), and prepay 300ckb airdrop gas fee. Then wait for the airdrop, everything is subject to the chain.

The first BTC airdrop will start today, and the airdrop will be completed within 48 hours (considering the complexity, it may take longer).

You will see your assets in joyid soon.

If you don't see the 300ckb prepayment is successful, please close or change the browser and try again
If the hash is still being confirmed, you can fill it in first.

But if the transaction fails to be confirmed.

You will not be able to receive the airdrop. So fill it in carefully.

Do not use other people's hash, or give your own hash to others. You will lose the airdrop

Any content posted does not constitute investment advice, just a sharing of hot topics!

#rgb #铭文市场 $CKB

All the RGB++ I bought yesterday arrived!

This morning I saw that the RGB++ in a wallet was gone!

After checking, I found that the RGB++ of the Big Coin Chain was destroyed. The specific reason is that the joyid wallet also uses the UXTO change method of the Big Coin layer.

If you buy new coins in the future, it is recommended to use a new wallet. After buying the assets, transfer them to a wallet dedicated to assets, otherwise they are easily destroyed.

If you participate in the RGB++ ecosystem, please pay attention!

#rgb #铭文市场 #大盘走势 $CKB

💡RGB++ has started free casting, and it is worth paying attention to in the near future. The second seed has been generated, so please pay attention to the recent development.
💡As the European Cup approaches, you can follow up with the fan coin series as appropriate, among which PORTO, LAZIO, and SANTOS can be paid attention to. Today's decline is large, so you can follow up as appropriate.
💡Today, the GAS on the rune market chain has returned to normal, and the No. 3 rune has been fully airdropped. Pay attention to it. This rune is a key currency that has the opportunity to become the leader in the future.

#符文协议 #粉丝币 #rgb