With Trump's successful election as President of the United States, cryptocurrency will usher in four years of the most relaxed regulatory environment, and next year's bull market is imminent as Bitcoin's price is poised to break 75,000 USD. The most noteworthy track remains the BTC-related track, which will continue to be the mainstream market. Just imagine how prosperous the Bitcoin ecosystem will be when the price of BTC reaches 100,000 USD, 200,000 USD, or even 1 million USD?

It is well known that Bitcoin's greatest strength is its recognized value, while its weakest point is poor scalability, resulting in a less prosperous ecosystem. Today, I want to recommend Nervos CKB, a public chain built on a PoW+UTXO model, which is completely isomorphic to BTC and aims to provide cross-chain interoperability and scalability support for the Bitcoin ecosystem.

In order to create a DeFi ecosystem around Bitcoin that is as prosperous as that of Ethereum, CELL Studio, led by one of the co-founders of Nervos, launched the Bitcoin Layer Asset Issuance Protocol RGB++, using CKB as the data availability and execution layer. This enables the development of Bitcoin smart contracts and facilitates the asset issuance process. In 2024, the RBG++ mainnet will go live, and as the number of projects utilizing this technology to issue assets on Bitcoin increases, there are currently over 15 ecosystem projects that have revitalized CKB's on-chain activity.

Asset issuance is the first step in building an ecosystem. With RBG++, the next step can be to continue developing Layer2. It is well known that there are different solutions for Layer2, and the most important thing is to achieve security while increasing TPS. Currently, CKB serves as the underlying public chain for Layer2 expansion, ensuring security through PoW+UTXO. Bitcoin Layer2 is currently the most noteworthy track because of Bitcoin's immense market value. Once liquidity flows into CKB's Layer2, it will generate tremendous energy and value.

In addition, CKB also supports JoyID and the Lightning Network. Low transaction costs are crucial for the circulation and payment of Bitcoin. We can now experience convenient transfers through the test network, which also paves the way for BTCFi. Additionally, it will enable small payment scenarios, allowing Bitcoin to become a widely circulated medium of value.

Therefore, aside from BTC, if you want to invest in BTC's Layer2 and BTCFi, CBK is a token worth paying attention to. This project raised 100 million USD back in 2018 and, after six years of development, remains at the forefront of technological development. Currently, its tokens are mostly in circulation, with a total market value of just over 500 million USD, which fully meets the conditions for building a position for a potential BTC track project. If I had 1 million, I would definitely allocate 300,000 to 500,000 as a key investment.

@CKB Eco Fund #CKB助力比特币生态 $CKB