In the current bull market, Bitcoin is the core force, and Nervos CKB is developing rapidly as its ideal Layer 2 expansion solution. As a pioneer of digital assets, Bitcoin faces challenges such as scalability and interoperability, and Nervos CKB is committed to providing solutions through a unique PoW + UTXO model to enhance its programmability and cross-chain interoperability.
CKB: Bitcoin's Ideal Layer 2
Nervos CKB is inspired by Bitcoin and is completely isomorphic to Bitcoin, providing an ideal Layer 2 expansion solution. By adopting the UTXO (unspent transaction output) model, CKB is similar to Bitcoin in terms of security and transparency. Through the RGB++ protocol, CKB realizes the mapping of Bitcoin UTXO to CKB Cell, improves Bitcoin's programmability, and allows assets to circulate across chains without bridging, breaking the barriers of traditional asset issuance and cross-chain circulation.
RGB++: Innovative Financial Protocol in BTCFi
RGB++ is one of the core innovations of Nervos CKB, allowing Bitcoin assets to circulate freely between different chains. The protocol simplifies cross-chain operations of assets, allowing users to create bridgeless cross-chain asset flows. In the BTCFi ecosystem, RGB++ provides new opportunities for the initial bitcoin offering (IBO) model, attracting more financial products and improving user experience. This innovation has promoted the widespread application of Bitcoin assets in the field of decentralized finance (DeFi) and promoted the diversification of the financial ecosystem.
JoyID + Lightning Network: A new experience in decentralized payments
JoyID is the first Passkey wallet that supports the Lightning Network, providing users with an efficient and convenient decentralized Bitcoin payment experience. Through the application of the Lightning Network test network, users can enjoy fast and low-cost small payments and cross-border remittance services. This new experience improves payment convenience, brings more application scenarios to the BTCFi ecosystem, and helps popularize decentralized payments.
Fiber Network: The future of cross-chain circulation
The launch of the Fiber Network will further enhance the liquidity and scalability of the BTCFi ecosystem. The network aims to achieve seamless circulation of multiple assets in the Bitcoin Lightning ecosystem and enhance the stability and availability of the decentralized financial network.
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