As a girl over 35 years old,
I was just laid off by my company, but I'm not sad at all, I didn't want to work anymore because I have assets worth 200 Bitcoins.
Currently, I have 1 billion CKB,
I will not sell it,
valued at 14.7 million U,
equivalent to 200 Bitcoins.
Why am I so optimistic about CKB?
From a technical perspective, the emergence of JoyID complements the integration of the entire ecosystem. It works in collaboration with technologies such as the Lightning Network, Fiber Network, UTXO Stack, and RGB++. The Lightning Network provides a strong payment infrastructure, and its instant finality, unlimited throughput, and privacy protection lay the foundation for efficient payments. When users make payments using JoyID, they can complete settlements within seconds, a real-time capability that traditional payment methods find hard to achieve. Unlimited throughput means that, even in high-volume payment scenarios, JoyID can still operate stably, whether in small frequent payments or large-scale payment scenarios like cross-border remittances.
The UTXO Stack, as the liquidity staking layer of the Lightning Network, integrates with JoyID, allowing users to easily stake BTC, CKB, and stablecoins into a decentralized liquidity staking pool. This not only enhances the liquidity of the Lightning Network but also brings benefits to users. For the payment experience, ample liquidity ensures smooth payment processing, reducing delays or failures caused by liquidity issues. For example, in cross-border remittance scenarios, large amounts of capital flow require stable liquidity support, and the combination of JoyID and UTXO Stack can better meet this demand.
The RGB++ protocol makes it possible for stablecoins to be issued on the Bitcoin chain and circulated to related payment networks. JoyID's support for RGB++ means the improvement of stablecoin payment functionality. In small payment scenarios, stablecoins can avoid the impact of Bitcoin price volatility, making payments more stable and predictable. Users can use stablecoins for transactions with more confidence when making small payments using JoyID, such as purchasing daily goods or services.
