Are Ordinals Really Good For Bitcoin?
Bitcoin Ordinals have demonstrated a strong desire for collectibles on Bitcoin, but are they really the best solution for the future?
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Bitcoin Ordinals have demonstrated a strong desire for collectibles on Bitcoin, but are they really the best solution for the future?
RGB is a method of ownership verification built on Bitcoin that allows for the continuation of Bitcoin’s properties.
RGB protocols promise to enable complex smart contracts that operate on top of Bitcoin and Lightning.
DIBA, the first Bitcoin NFT marketplace utilizing RGB smart contracts, has officially launched on mainnet. According to a press release sent to Bitcoin Magazine, the platform also introduces BitMask, an exclusive Bitcoin-only wallet capable of storing unique digital assets (UDAs) such as music and art. The UDAs will be hosted on high availability storage and [...]
The post First RGB-Powered NFT Marketplace Launches At Bitcoin 2023 appeared first on Crypto Breaking News.
An analysis of the dichotomy between metaprotocols residing on Layer 1 vs. metaprotocols that lift related asset data off-chain.
RGB and Taro, two protocols capable of putting tokens like stablecoins on Bitcoin, have taken different approaches to solving similar problems. This is an opinion editorial by Kishin Kato, the founder of Trustless Services K.K., a Japanese Lightning Network research and development company. Demand for stablecoins on Bitcoin is returning as the Lightning Network offers [...]
The post RGB And Taro, Both Putting Tokens On Bitcoin, Take Two Different Approaches To Development appeared first on Crypto Breaking News.
Over-collateralized, bitcoin-backed stablecoins are going to be an integral part of hyperbitcoinization.
With the RGB protocol, users can allocate altcoins to Bitcoin UTXOs, enabling stablecoins transfers on the Lightning Network and more.
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