What are the advantages of CKB?
We have mentioned that the current Layer 2 ecosystem of Bitcoin can be roughly divided into the "EVM camp" and the "UTXO camp".
● The "EVM camp", represented by Merlin, B², etc., is competing to stake TVL, trying to seize the development opportunities of the Bitcoin ecosystem and become a pioneer in the market.
● The "UTXO camp", led by CKB, has a technical advantage with its technical foundation that is fully compatible with Bitcoin (based on PoW+UTXO) and extension protocols such as RGB recognized by the Bitcoin community. This advantage enables CKB to bring Turing-complete contract expansion and performance improvement to Bitcoin without cross-chain and loss of security. Although it may not be as effective as the marketing method of staking airdrops in the early stage of promotion and attracting ecological assets, its long-term technical advantages will have a positive impact on the development of the ecosystem.
