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63 sats \ 3 replies \ @Scoresby 10 Jul \ parent \ on: RGB consensus layer released to production rgb
Wow, this is pretty exciting! I'll be quite interested to see what kind of consumer applications take it up.
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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