$CKB "One of the most anticipated public chains of 2019" CKB rose from 0.0031 in January to 0.037 in April, nearly 12 times!❕‼️
Can the current market value of 500 million dollars reach 3 billion dollars during a bull market?
The once popular Merlin with high TVL is now facing misfortune, can CKB's community strive to reclaim the throne of 'BTC L2'?!
Do you remember the explosive rise of CKB at the beginning of 2024? Is it similar to what happened in October recently?! What does the explosive rise of CKB mean? Look at what I said before…
In the first half of the year, CKB seems to have launched some good inscriptions, right? The speed is quite good… @CKB Eco Fund
We have its technical theory, [The Cornerstone of Security and Transparency]
PoW: Unbreakable Security Line
The PoW mechanism adopted by CKB is similar to BTC, requiring miners to compete for bookkeeping rights by solving complex mathematical problems. Common 51% malicious attacks require extremely high computational costs to achieve a 51% attack, making malicious behavior economically unfeasible. This security protects every transaction and asset within the CKB network.
UTXO: Ensuring Transparent Transactions
The UTXO model is key to CKB's transparency; under this model, every transaction can be clearly traced back to previous transaction outputs. Unlike traditional account models, UTXO allows anyone to view and verify, enhancing the transparency and auditability of transactions.
RGB++ Protocol: The Magic Wand for Multi-Asset Circulation and Cross-Chain Interoperability
a. Innovation in Multi-Asset Issuance and Circulation.
The application of the RGB++ protocol on CKB has brought huge changes to the issuance and circulation of multiple assets.
b. Breakthrough in Cross-Chain Interoperability
The RGB++ protocol is very unique in cross-chain interoperability. It breaks down the barriers existing in traditional asset issuance and cross-chain circulation, allowing seamless interactions of assets between different blockchains. RGB++ maps Bitcoin's UTXO to CKB's Cell, allowing assets.
⚠️ There are many opinions about CKB in the square, do you remember what I said at the beginning of October about the rise of CKB? The activity of the second layer indicates that funds are moving! So a strong rebound has arrived! This is also a prophetic revelation! You should review the previous replies!! At the right time, whether it's CKB or something that has been renamed, there is operational potential!!
ps: This article does not constitute investment advice
