Recently, the trend of $BTC is quite good, showing a bullish trend! So how about $CKB , which provides cross-chain interoperability and scalability support for the Bitcoin ecosystem?
1. What is special about CKB as a Layer 2 for Bitcoin?
CKB uses a combination of PoW (Proof of Work) and UTXO (Unspent Transaction Output). It’s like adding encryption to Bitcoin, making it particularly secure, and you can clearly see what each transaction is about, with extremely high transparency. For instance, you don't have to worry about your money disappearing mysteriously; you can trace where every cent comes from and goes to.
2. How does the RGB++ protocol support multiple assets?
The RGB++ protocol can map Bitcoin's UTXO into CKB's Cells. This way, it’s like building a bridge on CKB, allowing different assets to cross here. You can also issue your own assets on CKB and play with Bitcoin and other assets, which is very convenient.
3. What fun things does RGB++ have in the BTCFi ecosystem?
RGB++ has something fun in the BTCFi ecosystem called IBO. It’s like a new game rule where project parties can raise funds using Bitcoin assets on CKB, giving investors new ways to play. It’s like starting a new game where everyone can get what they need.
4. How do JoyID and the Lightning Network make payments smoother?
JoyID is an awesome wallet; it was the first to support the Lightning Network. Using it to pay is incredibly fast and convenient. People who have used it on the test network all feel that the response is very quick and the operation is simple. If used for small payments or cross-border remittances, it’s even better. You don’t have to wait for half a day; the money goes through immediately, and you can save quite a bit on gas fees.
5. What benefits can Fiber Network bring?
Fiber Network is like a highway that is about to launch on the mainnet. It can make assets in the Bitcoin ecosystem run faster and circulate everywhere. It makes the entire financial network more stable and user-friendly. Different assets can easily cross chains here! #DOGE看涨情绪飙升 #BTC创历史新高 #美国大选后涨或跌? #特朗普宣布胜选 #CKB助力比特币生态 @CKB Eco Fund