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$CKB——Lightning Network, Web5 is More Than Just Small Payments
#CKB助力比特币新生态 #CKB #闪电网络
In the previous article, I discussed how CKB, through its own characteristics of PoW + UTXO, combined with the RGB++ protocol, has become an ideal L2 for Bitcoin, and what CKB is currently achieving goes far beyond this. Beyond the RGB++ protocol, in another major track of BTC L2—the Lightning Network—CKB has also made significant technological breakthroughs and built future use scenarios for the Lightning Network from a new perspective.
Like RGB/RGB++, the Lightning Network is also recognized by BTC purists as a form of L2 implementation. It establishes 'payment channels' that allow transactions to not require full on-chain recording; instead, only the most critical parts, namely the final account settlement and balance changes, need to be recorded on-chain.
In the previous article, I discussed how CKB, through its own characteristics of PoW + UTXO, combined with the RGB++ protocol, has become an ideal L2 for Bitcoin, and what CKB is currently achieving goes far beyond this. Beyond the RGB++ protocol, in another major track of BTC L2—the Lightning Network—CKB has also made significant technological breakthroughs and built future use scenarios for the Lightning Network from a new perspective.
Like RGB/RGB++, the Lightning Network is also recognized by BTC purists as a form of L2 implementation. It establishes 'payment channels' that allow transactions to not require full on-chain recording; instead, only the most critical parts, namely the final account settlement and balance changes, need to be recorded on-chain.
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$CKB—Isomorphic Binding, Revolutionary Technology for BTC L2
#CKB助力比特币新生态 #CKB #BTC #L2
In this bull market, the Bitcoin ecosystem has become the focus of the entire market. In today's unshakeable position and consensus cohesion of Bitcoin, whoever can successfully implement Bitcoin's L2, bringing Bitcoin to life and activity, will grasp the winning formula of this bull market. In my view, $CKB has already taken a significant lead over its competitors in this field.
The biggest challenges for Bitcoin's L2 are its scalability and programmability. To solve these issues, various solutions including but not limited to payment channels and sidechains have been proposed. In the first half of this year, the market was flooded with BTC L2 solutions, most of which adopted the sidechain approach—linking another independent blockchain with the BTC main chain through the staking of centralized bridge smart contracts, allowing assets to flow on another chain.
In this bull market, the Bitcoin ecosystem has become the focus of the entire market. In today's unshakeable position and consensus cohesion of Bitcoin, whoever can successfully implement Bitcoin's L2, bringing Bitcoin to life and activity, will grasp the winning formula of this bull market. In my view, $CKB has already taken a significant lead over its competitors in this field.
The biggest challenges for Bitcoin's L2 are its scalability and programmability. To solve these issues, various solutions including but not limited to payment channels and sidechains have been proposed. In the first half of this year, the market was flooded with BTC L2 solutions, most of which adopted the sidechain approach—linking another independent blockchain with the BTC main chain through the staking of centralized bridge smart contracts, allowing assets to flow on another chain.
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After four years of meticulous work, Nervos has added a bright pearl to the blockchain——Fiber Network light paper interpretation
Lightning Network technology solves the problems of transaction congestion and high handling fees in blockchain, allowing users to conduct fast and low-cost transactions, making large-scale application of blockchain technology possible. In the past few years, countless developers have devoted a lot of effort to this track. Yesterday, CKB released the "Next Generation Lightning Network" Fiber Network Light Paper. This technology provides RGB++ assets with fast, low-cost and decentralized multi-currency payment and peer-to-peer transaction solutions, demonstrating the team's excellent technical skills. Influenced by this good news, CKB rose nearly 20% and became a dazzling star project in the market. So, what is the Lightning Network, what problems does it solve, and how does Fiber Network make this technology land? Let me tell you in detail.
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Shenchao reports: On the first day of the Token2049 Singapore Conference, the price of CKB reached $0.02, with a 24-hour increase of 26.3%, and the market value ranking rose to 69th!
At the same time, the first meme on CKB, the Seal2earn platform staking coin $Seal, also began to rise!
CKB will definitely shine in this Token2049——
① So far, the technically best RGB++ protocol has been built for five months and further upgraded and abstracted into RGB++ Layer, and the unification of all chains is just around the corner;
② This month, CKB launched the next-generation lightning network Fiber Network light leather paper and basic test network. Tomorrow, CKB will share the latest progress of Fiber Network with everyone at the Token2049 Lightning Network Special Conference. Thousands of OGs from L1\L2 tracks such as Lightning Network, Runes, and Inscriptions have signed up to participate in the conference;
③ @CKBEcoFund proposed the ecological shift in the encryption field from a high-level perspective, pointed out the fundamental problems of the EVM route, and built a grand blueprint for Web5 that is people-oriented.
CKB will occupy an important position in the BTCFi infrastructure and encrypted payment track. It is an unquestionable shining star in the BTC ecosystem and may lead a new round of altcoins and BTC eco-coins.
In addition to $CKB, Seal, which has been launched on UTXOswap and Gate exchanges, is also worthy of everyone's attention. As the well-deserved leading meme of the CKB ecosystem, Seal is the first token of the RGB++ protocol. It has a strong consensus cohesion and community foundation, and is jointly empowered by the entire ecosystem. The community even developed the IBO platform to continuously seek benefits for Holders.
In the field of NFT, the CKB ecosystem proposed the DOBs protocol specification to re-inject vitality into NFT with on-chain composability and DNA gameplay, and the ecological spirit totem neuromonkey is a target that cannot be missed in this field.
We will eventually reach the third continent!
#CKB #SEAL
At the same time, the first meme on CKB, the Seal2earn platform staking coin $Seal, also began to rise!
CKB will definitely shine in this Token2049——
① So far, the technically best RGB++ protocol has been built for five months and further upgraded and abstracted into RGB++ Layer, and the unification of all chains is just around the corner;
② This month, CKB launched the next-generation lightning network Fiber Network light leather paper and basic test network. Tomorrow, CKB will share the latest progress of Fiber Network with everyone at the Token2049 Lightning Network Special Conference. Thousands of OGs from L1\L2 tracks such as Lightning Network, Runes, and Inscriptions have signed up to participate in the conference;
③ @CKBEcoFund proposed the ecological shift in the encryption field from a high-level perspective, pointed out the fundamental problems of the EVM route, and built a grand blueprint for Web5 that is people-oriented.
CKB will occupy an important position in the BTCFi infrastructure and encrypted payment track. It is an unquestionable shining star in the BTC ecosystem and may lead a new round of altcoins and BTC eco-coins.
In addition to $CKB, Seal, which has been launched on UTXOswap and Gate exchanges, is also worthy of everyone's attention. As the well-deserved leading meme of the CKB ecosystem, Seal is the first token of the RGB++ protocol. It has a strong consensus cohesion and community foundation, and is jointly empowered by the entire ecosystem. The community even developed the IBO platform to continuously seek benefits for Holders.
In the field of NFT, the CKB ecosystem proposed the DOBs protocol specification to re-inject vitality into NFT with on-chain composability and DNA gameplay, and the ecological spirit totem neuromonkey is a target that cannot be missed in this field.
We will eventually reach the third continent!
#CKB #SEAL
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Draw a burger with Cipher - An overview of Bitcoin's layer 1 asset protocol
Preface
As the hot spot of this round of bull market, Bitcoin ecology has emerged with a series of dazzling new words such as inscriptions, runes, BRC, ARC, RGB, RGB++, etc. So, what is the Bitcoin layer 1 asset protocol, and what are the differences between the various protocols? In this regard, Mr. Cipher gave a lecture with clear logic and easy-to-understand content in the public class "Overview of BTC Layer 1 Asset Protocol" in the Denglian community.
Today, Baozi will lead everyone to follow Teacher Cipher’s explanation, using the issuance of “Hamburger Coin” as a guide to easily understand the nature and differences of these asset protocols.
As the hot spot of this round of bull market, Bitcoin ecology has emerged with a series of dazzling new words such as inscriptions, runes, BRC, ARC, RGB, RGB++, etc. So, what is the Bitcoin layer 1 asset protocol, and what are the differences between the various protocols? In this regard, Mr. Cipher gave a lecture with clear logic and easy-to-understand content in the public class "Overview of BTC Layer 1 Asset Protocol" in the Denglian community.
Today, Baozi will lead everyone to follow Teacher Cipher’s explanation, using the issuance of “Hamburger Coin” as a guide to easily understand the nature and differences of these asset protocols.
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I just closed a new deal! Copy my investment portfolio with one click👇
南极兔
Close Position
1000PEPEUSDT
PNL
+6.42
Close Price
$0.01034267
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I just closed a new deal! Copy my investment portfolio with one click👇
南极兔
Open Position
1000PEPEUSDTLong 20x
Position Size
$29622
Entry Price
$0.0101257
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南极兔
Open Position
CKBUSDTLong 20x
Position Size
$144816
Entry Price
$0.01451
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CKBUSDT
PNL
+6.09
Close Price
$0.01564868
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Open Position
BTCUSDTLong 20x
Position Size
$0.015
Entry Price
$65640.4
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LOOMUSDT
PNL
+39.57
Close Price
$0.08438728
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Open Position
PYTHUSDTLong 20x
Position Size
$2331
Entry Price
$0.429
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LTCUSDT
PNL
+16.50
Close Price
$81.17802172
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MATICUSDT
PNL
+11.25
Close Price
$0.67673487
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PYTHUSDT
PNL
+27.85
Close Price
$0.44012771
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LOOMUSDT
PNL
+14.54
Close Price
$0.08358475
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南极兔
Open Position
CKBUSDTLong 20x
Position Size
$134480
Entry Price
$0.014875
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Open Position
LOOMUSDTLong 20x
Position Size
$12321
Entry Price
$0.0811753
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TIAUSDT
PNL
+0.49
Close Price
$8.93938738
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TIAUSDTLong 20x
Position Size
$103
Entry Price
$9.1129554
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