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262 sats \ 5 replies \ @dr_orlovsky OP 10 Jul \ parent \ on: RGB consensus layer released to production rgb
The main reason of its not being used is the fact that it was not released for production (until today). Consensus in client-side validated systems (RGB belongs to them) is kind of ossified from the day one when you start using in production; it is much harder to change that than blockchain consensus. Thus, it took many years to build a system which has everything needed, including zk-STARK readiness.
I am quite sure we will see a boost in RGB adoption over the next months after the release.
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My money is on more shitcoins, but I hope to be mistaken
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Not just shitcoins. Also:
- better liquidity on lightning
- much better privacy (broken tx graph)
- souvereign legal system
- sovereign bearer audit logs (timestamps++)
- better bitcoin programmability (much better)
With Prime (client-side validation layer 1):
- 1 sec settlement time
- no blockchain
- tens of millions tx per second with no inbound liquidity problems like in lightning
- constant size data with zk-STARKs client-side peer-to-peer proofs
And yes, there is bitcoin trustless bridging to RGB and Prime - with Radiant and/or BitVM (whatever happens first).
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cool, thanks! I've been trying to follow this some time ago. will look more closely now.
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Consensus in client-side validated systems (RGB belongs to them) is kind of ossified from the day one when you start using in production
Why is that? Is it a technical reason?
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