[In 2024, you can no longer miss the RGB protocol]
In 2024, the BTC ecosystem will definitely become one of the main narratives, and within this narrative, the RGB protocol is the one I am most optimistic about and think has the most long-term development prospects and realization.
1ïžâŁThe BTC ecosystem will continue to explode
1) With the arrival of BTC halving, minersâ income will decrease, and new sources of income must be found;
2) The funds deposited on BTC need to be used in scenarios other than tun coins;
3) Old money needs to enter the BTC ecosystem (the reason for not choosing ETH is that ETH has a foundationâs monopoly control, while BTC is decentralized enough);
4) The potential for BTC ETF to pass is only a matter of time, and the probability is basically 100%;
5) The BTC technical taproot upgrade makes it possible to operate on BTC.
Under the influence of these factors, the development of the BTC ecosystem is the result of the joint efforts of many participants!
2ïžâŁRGB protocol is the most promising protocol in the development of BTC ecosystem
1) The broadest prospects: The currently popular various inscription protocols and derivative protocols mainly implement "asset issuance", which is only the first stage of ecological development; the RGB protocol has the ability to use a Turing-complete virtual machine to provide BTC network or The lighting network develops the function of "smart contracts". This is the second stage of ecological development. I call it the "asset transaction model" stage;
2) High TPS: The RGB protocol can be built on the Lightning Network, which greatly increases the TPS of interaction and makes complex high-frequency interactive contracts (such as AMM, gamefi) possible;
3) Already implemented: Compared with bitVM, which is still in the white paper stage, the RGB protocol has already been implemented in many implementation scenarios, and the v0.11 version to be updated recently will bring more applications;
4) Big boss endorsement: TEDA (crypto Fed) has made it clear that it must issue stablecoins on RGB
In 2024, RGB deserves your attention!
In 2024, you canât miss RGB!
Follow me to learn more about RGB protocol knowledge and dynamics!
