RGB

《RGB New Token Issues Summary》
When participating in RGB new token activities, there are always some minor issues that can generally be resolved. Below are common problems and their solutions.

1️⃣
Question: The webpage prompts 500 Internal Server Error.
Answer: Wait for a moment and then refresh the webpage or clear the browser cache.

2️⃣
Question: Unable to access the Bitlight wallet.
Answer: Disable the Google Bitlight wallet plugin, wait for 1 minute, and then re-enable it.

3️⃣
Question: Bitlight wallet cannot display balance.
Answer: Inside the wallet, find “settings” and then switch to “full mode.”

4️⃣
Question: If only one UTCO is created, can it generate unlimited RGB or a specific quantity of RGB?
Answer: Unlimited RGB.

5️⃣
Question: Always stuck on the verification code page, unable to enter the new token page.
Answer: Change the ladder IP and refresh.

This article continuously collects issues related to new token activities. If you have any questions, feel free to leave a comment for discussion #RGB #空投大毛 #空投分享 .

《Is it still worth participating in RGB new offerings if there are fees?》
1⃣️ Participating in RGB new offerings requires paying around $4 to the Bitlight project team. This means that, in addition to gas costs, there is a fixed cost of $4 for participating.

2⃣️ The Bitlight project team's Telegram explanation states that the fees collected will cover the distribution of RGB assets and may be used for future buybacks.

3⃣️ Distributing RGB assets indeed requires the project team to incur costs. Therefore, I believe that compared to missing out on RGB, this fee can be overlooked.

#RGB #BitlightLabs #空投大毛

Market Hotspots Overview:

1⃣ #prove Launch of Korean Stick Insertion, new coins are being overly hyped on exchanges, with highs nearing a halving, be cautious of high-position selling.
2⃣ #MYX Both bulls and bears are hit, after halving surged by 100% to a new high, contract rate dropped to -0.78%, trading volume surged into the top three on the network.
3⃣ #MEMEFI Negative news led to a rebound of 180%, possibly affected by BN's delisting of perpetual contracts on August 11, hot money is shifting from MYX.
4⃣ #rgb Minting has started, one for 50 coins + 4 dollars handling fee, a total of 420,000 shares, BitlightLabs estimates it can absorb 15 BTC, current progress is 1.46%, outrageous bottleneck but still hot.

5⃣ $TROLL Continuous rise for 3 months driving the PUMP sector to warm up, #PUMP rebounded for a week, market capitalization recovered to 3.4 billion, #BONK sector is temporarily under pressure.
6⃣ Pancake launched US stock contracts, AAPL, AMZN, TSLA support up to 25x leverage, $CAKE daily increase of about 5%.
7⃣ #ORCA plans to use 55,000 SOL for buyback staking, DAO proposal has been issued, but coin price has not followed with a major surge, observing continuity.

8⃣ MetaMask will launch the stablecoin "MetaMask USD", issued by Stripe, governance proposal has been initiated.
9⃣ $LTC Cooperation with MEI Pharma to launch a 100 million dollar financing plan, joining forces with Charlie Lee and GSR to establish institutional treasury.
🔟 #OM collaborates with Inveniam to build the RWA ecosystem, aiming to connect institutional markets between the UAE and the USA.

📉 Currently, the CEX sector is rising with the overall market, mainstream coins are firm, while altcoins are generally average, #ENA #CRV are relatively strong and worth paying attention to.

#ETH巨鲸增持

《RGB Token Launch Process》
The first RGB asset minting will begin at 1 AM today. If you are not familiar with RGB, you need to prepare in advance to participate. Here is the token launch process:

1⃣ Download the Bitlight wallet on Google Chrome
2⃣ Withdraw BTC starting with bc1p from the exchange to the Bitlight wallet. For example, withdraw 0.001 BTC.
3⃣ Click on the “UTXOs” in the upper right corner of the Bitlight wallet to create a UTXO. For example, create a UTXO of 0.00001 BTC.
4⃣ Go to the Bitlight website bitlightlabs.com/faucet and wait for the token launch to start at 1 AM
#rgb #BitlightLabs #空投大毛

BTC Ecology #RGB The protocol is about to explode, taking stock of the projects worth paying attention to in the RGB Ecosystem

The #rgb protocol is based on client-side verification proposed by Peter Todd in 2016, a client-side state verification and smart contract system that runs on the second and third layers (off-chain) of the Bitcoin ecosystem.

The base layer of the RGB protocol is the Bitcoin blockchain, which contains the Satoshi PoW consensus and transaction ledger. While it does not require any data to be stored on-chain, it still follows existing infrastructure, utilizing Bitcoin transactions as the repository for these commitments. This is accomplished by building upon the Bitcoin protocol layer, laying the foundation for client-side verification.

RGB development history

Let’s take a brief look at the development history of RGB:

2016: Giacomo Zucco originally conceptualized the RGB protocol, inspired by the ideas of Peter Todd.

2017: BHB Network launches the original version of the RGB protocol and is supported by Poseidon Group.

2019: Maxim Orlovsky and Giacomo Zucco form the LNP/BP Standards Association to advance RGB toward practical applications. Dr. Maxim Orlovsky began redesigning the RGB protocol.

2021: The association demonstrates RGB’s Turing Complete Virtual Machine (AluVM), and RGB starts running on the Lightning Network.

2022: Introducing Contractum, a new language for writing RGB smart contracts for Bitcoin and Lightning Network, and its new website.

April 2023: RGB v0.10 is released, bringing full smart contract support to Bitcoin and the Lightning Network, marking an important development stage for the RGB protocol

In fact, RGB was born very early, but there has been no ecological project hype. The reason is that there are few ecological projects and the BTC ecological development is too slow. But this year is different from the past. Every protocol in the BTC ecosystem has been dug out for speculation and attention. For details, please see our previous article.

Why do we focus on the RGB track first? The main reason is that there are currently many projects on this agreement that are about to be launched. Compared with other agreements, the action is faster. The fastest projects may be online for trading by the end of the month.
#BTC #ARKB是BRC20一道靓丽的风景线美国sec批准的第一个比特币现货ETF， #BRC20铭文正在改写整个加密领域的格局，ARKB值得购买。
$BTC $ETH $BNB

How many of today's hot events do you know?

Those who played meme before are lucky!

1. The new BRC20 inscription ANSM makes GAS directly increase to 260

2. The RGB++ runes that were played by joyid wallet have all been received

3. It is said that the Xiaomi walkie-talkie purchased by playing meme before has an airdrop

4. The recent big pie chain GAS is high, be careful to be buried when playing inscriptions!

#铭文市场 #符文 #rgb

Nervape has launched a new website 👉 nervape.com/nervape. You can check if you are a Bonelist. If you are interested, you can mint the products released by Nervape on RGB++ in April. Get ready $BTC to participate #rgb

The king bomb is coming, AVM will be launched in the first week of May!

The rotation is just short of inscriptions. The previous period was the darkest stage before dawn. There will be endless good news in the future: Atomicals split will be launched soon, AVM will be launched in the first week of May, ordi will be on coinbase contract, rgb++ and ckb are hot, rune stone and runes protocol will be launched soon.

Pay attention to Ajie's free sharing of all layouts to provide you with the most accurate and timely information.
No boiling near jin skirt area qun; + Wei; bq6jie

#ordi。 #rgb #CKB下跌就是机会 #runes #大盘走势

JoyID Wallet Market is now open
Link: https://app.joy.id/market
#rgb
$CKB $BTC

In the past two hours, almost all groups have been discussing the first protocol of rgb++. Just now, the first official network asset of RGB++ has been issued. The official said that it is being distributed one by one according to the order on the chain.

Total assets: 21,000, 1,000 coins per piece
One member of the group issued two or three hundred pieces, and the current over-the-counter quotation has reached 300 dollars per piece. I am really envious!
#rgb

Which sectors will benefit before and after the Bitcoin production cut?

There are still 13 days before the Bitcoin production cut.
There is a production cut every four years, and there must be a bull market before and after the production cut. This has almost become a law.
Before and after the production cut, I am conservative about the overall market, but I have more confidence in BRC20. This article will talk about this point of view, of course, it is completely personal opinion.

The reduction of Bitcoin production has the greatest impact on miners, but over the years, the output has become less and less, the cost has become higher and higher, and the price of the currency has also risen, so even if less is mined, miners can still survive.
Miners' income mainly depends on: mining and transaction fees.
There are 21 million Bitcoins in total, and nearly 19.67 million have been mined so far, with more than 1 million left.
With less and less output, if miners rely solely on mining, even if the price of the currency rises, it will not be enough to support the survival of so many mining farms around the world.
Mining income will eventually become history, so how can mining farms survive?
It can only be compensated by packaging transaction fees.
Therefore, Bitcoin needs to be transferred, traded, and increase the activity on the chain. We cannot let everyone wait for the increase in Bitcoin, otherwise the income of the mining farm will decrease. If the mining farm's income decreases, a large number of mining farms will go bankrupt, forming a vicious cycle. This is also the reason why there are mining farms that cannot survive every bear market.
Therefore, the activity on the Bitcoin chain will drive the price of Bitcoin to a certain extent, and also cause congestion on the chain and a surge in miner fees. Retail investors don't like this congestion, but miners like it.
When the inscription was hyped last year, the on-chain miner fee soared dozens of times, from 20sats to 600sats, which brought a lot of income to miners and indirectly promoted the rise of Bitcoin at the end of last year.
Many people call it "Inscription Bull".
So if there are still people who tell you that inscription is air, BRC is air, and there will be no bull market in the future for BRC, you can let him die, because he may not even understand the logic of BRC.
However, it should be clear that inscription and BRC are not exactly the same. When I talk about inscription, most of the time I am talking about BRC20 protocol, not other protocols.
To sum up, Bitcoin cannot do without miners. Miners need BRC20 inscriptions, and they also need other Bitcoin chain ecosystems, the second layer.
In short, it is a relationship of mutual benefit.

Speaking of Bitcoin production cuts, historical experience shows that the market conditions at that time and in that month would not be too good. Although we cannot stick to the old ways, at least we need to have an idea in mind and think of a plan to deal with it in advance.
However, before and after the Bitcoin production cuts, it is very likely that there will be a small bull market for BRC20 under it, because sooner or later everyone will react. Bitcoin production cuts are not good for the big cake at the time, but they may be good for the ecosystem.
Therefore, Wang Ge also predicted in his previous article that there may be a climax of inscriptions in April and May. A RGB has been released in the past few days, which has brought about an effect, and there may be more in the future.
Jiaoliuqun+Wei: 2758624303 I have also started to play some inscriptions recently.
Regarding the choice of inscriptions, I personally hold Audi. In addition, I have previously bought some inscriptions such as TURT, MUBI, RATS, and ROUP, which have all started to rebound recently.
But apart from these mainstream inscriptions, in fact, new inscriptions will have lower risks and higher returns. Except for the leading ones, old inscriptions will have locked-in shares, so the expectations will be slightly smaller.
In addition, it is impossible to predict whether the inscriptions will pull back in the short term (before the reduction in production). If so, it is an opportunity.
Finally, everyone can pay attention to a new project called OX, which still has some potential. How to choose and when to enter is up to you. #大盘走势 #新币挖矿 #rgb

There will be people adding positions one after another, and there will definitely be people who blame themselves for not buying the #RGB #rgb protocol platform currency when they saw it. #JUEs Market value changes
70,000 a week ago - #BRC20 Casting cost
1.28-80,000
1.29-100,000
2.1-150,000
2.2 Today-210,000
Low market capitalization is not only not a disadvantage, but also an advantage. Participation costs and risks are low for everyone. Specific individuals use the lowest cost to participate and get the highest double.
But everything has risks, and risks must be warned objectively. It remains to be seen how many times it will be in the future. Time will reward those who are forward-thinking and anti-human.

Many people complain about #币安web3钱包 , but it is actually a good thing for Binance #Binance .
Just like "Imperfect Children", the whole world is expecting Inscription to fly higher, and only those who make serious complaints are sincere feedback. Users don’t know the twists and turns of cross-department new business research and development. As a PM and a technician, I have a deep understanding of this. I submitted my resume to Binance before but got no feedback. In order to avoid missing out on #BTCLayer2 the new ecological era, I am working on #rgb game social networking #JUEs

In 2023, inscriptions, in 2024, runes, Bitcoin is strengthening further. Is there going to be some kind of text again?

Could it be #rgb ?🧐

$ORDI $BTC

#CKB下跌就是机会
#新币挖矿
#rgb
Project: The first rgb++ asset on ckb. The project RGB+++ promoted by the community has achieved 250 times+ profit
Recommendation index: Five stars, you will definitely win if you press the head!
Minting cost: Free, only GAS
GAS coin: CKB
Start time: Estimated within 24 hours
📕Preparation:
1) Create a joyid wallet account
2) A little CKB as GAS
3) Create multiple accounts in Google browser to prevent single address casting restrictions

joyid wallet:
https://app.joy.id
Project Twitter:
https://twitter.com/nomadlandio

#rgb Game social product, real name + fair casting + all income goes to all holders + #BRC20 The first platform currency. The product is expected to be launched during the Spring Festival half a month later, with 170 holders and 54 angel investors. Disadvantages: Few people, long cycle, no liquidity in the near future, price is closely related to the product, and community building has not yet begun. Advantages: The platform currency can be exchanged rigidly for $BTC , which is very safe. The market value is only 90,000$, and a hundred times is only 9 million. The certainty is high. Please plan for BRC20’s #JUEs

Possibly 100 times ‼️‼️‼️ Prepare for the launch of RGB assets on the Bitlight mainnet: Last time, the cost of RGB++ was less than $10, and the peak exceeded $3000!

The RGB mainnet of the Bitcoin ecosystem, Bitlight Labs, will launch this week, and the first asset is expected. Remember when RGB++ was less than $10 to participate, and the peak exceeded $3000? Many people couldn't participate then, one reason was that they didn't know how to use the wallet, and the other was the transfer congestion. This article will teach you step by step how to prepare in advance.

1. Preparation: Install BitLight Wallet

1. Go to https://bitlightlabs.com/airdrop/Crypto_CK123, click the "Wallet" option, find and install the Google Chrome extension.

2. Create a new wallet:
After installation, open the extension and select "Create New Wallet"

2. Configure wallet and transfer BTC

1. Switch network:
Open the BitLight wallet and select "Bitcoin Mainnet"

2. Get receiving address:
Click the "Receive" button, copy the displayed Bitcoin address, and transfer $50-100 worth of Bitcoin from your existing Bitcoin wallet to this address.

3. Key step: Create UTXO

This is the core preparation work for participating in the RGB asset launch, which many newcomers tend to overlook!

1. What is UTXO:
Each RGB asset requires an independent UTXO (Unspent Transaction Output) as a carrier. If you want to participate in multiple assets, you need to prepare that many UTXOs.

2. UTXO creation suggestion:
For the first RGB asset launch, it is recommended to prepare 30-100 UTXOs. Initially, you can create 10 UTXOs (you can increase according to your needs later).

3. How to create:
Find "Create UTXO" or a similar function in the wallet. You can choose to use the default Bitcoin network transaction fee or customize the number of UTXOs to create, confirm and send the transaction.

4. Launch strategy

If the issuance price of the first RGB asset is around $3, consider participating moderately.

Historical data shows that high-quality RGB assets may have a 10-fold increase the next day in over-the-counter trading.

Reference cases:
RGB++: Cost < $10 → Peak $3000
Methane: Cost < $10 → Peak $300

Brothers, I created a chat room, everyone is welcome to join. Welfare will be distributed irregularly every month. 币安王牌KOL专属群(杂谈社)

#RGB #BitlightLabs