BlockBeats news, on November 26, the BitYuan Foundation announced that the BitYuan core technology community is expanding and integrating the Bitcoin RGB protocol. Based on the RGB protocol, the BitYuan team has designed an extended protocol that utilizes a decentralized blockchain network to host and enhance client verification, further improving asset security and usability.
It is reported that through the design of an abstract account model, BitYuan has achieved seamless and secure transfer of RGB assets between Bitcoin UTXO and BitYuan addresses without relying on third-party cross-chain bridges. This innovation allows assets to leverage Bitcoin's powerful consensus for value storage while enabling fast, low-cost transactions on the high-performance BitYuan chain, and facilitating interoperability between Turing-complete smart contracts. This strategic plan marks a further deepening of BitYuan's presence in the Bitcoin ecosystem and represents an important step forward in promoting the development of the BTC L2 network.
