The US election is approaching, will Trump win a big bull market? Will Harris lead to a big bear market?

In the Bitcoin bull market, what opportunities do retail investors still have?

With the continuous popularity of the Bitcoin ecosystem, the Bitcoin L2 track has become a focal point of attention. Here, we will deeply analyze Nervos CKB.

Nervos CKB is a public chain based on the PoW + UTXO model, aiming to provide cross-chain interoperability and scalability support for the Bitcoin ecosystem. Since the launch of the RGB++ protocol this year, 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. Its price once soared tenfold, and although it has retreated from its peak, it still holds value, with the current price of $CKB being around 0.012.

So what is the RGB++ protocol? Nervos has expanded Bitcoin's usability through RGB++. RGB++ is a protocol for asset issuance based on the original RGB protocol, aiming to position CKB as the execution layer and data availability layer for Bitcoin. CKB retains the Bitcoin UTXO model while introducing the Cell model. This initiative not only inherits the transactional purity of UTXO but also expands the application scope of the UTXO model by adding persistent storage for data states. Through the RGB++ solution, #CKB has successfully transferred the communication and coordination process of off-chain client verification nodes to on-chain, effectively solving the problem of off-chain client verification in the BTC ecosystem.

@CKB_CN started and completed its fundraising in 2018. Unlike most contemporaneous projects, some of which have already dissolved or are in a state of inactivity, the CKB team has been continuously working to update its products. Currently, the total supply of $CKB is 45.7 billion, with a circulation of 45 billion, almost fully circulating, eliminating concerns about unlocking and dumping risks, and the current market value is 540 million.

Against the backdrop of the Bitcoin bull market, the Bitcoin ecosystem has garnered significant attention, particularly the L2 track. As a public chain, Nervos CKB, based on a specific model, has achieved a significant price increase through the launch of the RGB++ protocol, and although there has been a retreat, it still shows certain potential. Its team continues to work hard to update products, and with a large circulation and stable market value, it offers retail investors a possible investment choice in the Bitcoin bull market. #CKB助力比特币生态 $CKB #CKB助力比特币生态