SCR is now online on OK, the lowest price during the call auction was only 0.3u. Everyone said it would rise on OK, but in the end, it trapped a lot of people. Are domestic projects all traps?
I bought 5000 SCR early on and got stuck with several thousand u, saying too much is just tears.
I originally thought it would rise after going on OK, but the plan fell through.
CKB is also a domestic public chain, founded in 2018, so it's an old project. Can it rejuvenate, or will it just cut another wave of leeks? We shall see.
CKB, as the ideal Layer 2 for Bitcoin, has the following advantages:
RGB++: An innovative financial protocol in BTCFi
JoyID + Lightning Network: Passkey wallet leading a new experience in decentralized payments
Fiber Network: The future scenario of cross-chain circulation
Nervos Network has expanded on the core technology of Bitcoin, providing support for #Bitcoin Layer 2 (L2) through a scalable Layer 1 blockchain.
To improve Bitcoin's programming limitations, Nervos Network has adopted a custom model (Cell model) for state storage and a custom virtual machine (CKB-VM) to execute transactions.
Nervos has expanded Bitcoin's usability through RGB++, which is an asset issuance protocol based on the original RGB protocol, aimed at positioning CKB as Bitcoin's execution layer and data availability layer.
Since the RGB++ protocol was launched on the #CKB mainnet, transaction activity on the CKB network has become active again, with nearly 400,000 new addresses added in April, a 181% increase compared to March.
Work is ongoing to integrate payment channel networks into the Lightning Network, which will make CKB more scalable and applicable to various blockchain applications.