Who is the true king of the BTC ecosystem?

$CKB has been in existence since BTC was born, and the BTC ecosystem has been thriving with new projects, but the on-chain ecosystem has yet to catch fire. Last year, the Audi, sats, and inscription series were all the rage, igniting a spark in the BTC ecosystem, but they have since declined, leaving many old friends trapped and crying out. We all know that inscriptions, aside from being linked to Bitcoin, have little practical application, which is why the inscription series had a brief popularity.

In contrast, the established BTC ecosystem CKB is not only a public chain ecosystem based on BTC consensus but also includes a series of Layer 2 expansion solutions. CKB further promotes cross-chain expansion and seamless integration of smart contracts in the Bitcoin ecosystem through technologies like the RGB++ protocol, Fiber Network, and JoyID, making Bitcoin's applications in the BTCFi (Bitcoin DeFi) space more extensive and flexible, with large storage capacity and numerous practical ecological applications.

In addition, CKB launched the Fiber Network in August as a Layer 2 payment channel expansion solution to conduct off-chain transactions to increase transaction speed and reduce costs while maintaining the security and decentralization of the blockchain. Fiber Network supports multiple asset types, allowing any RGB++ asset to be paid on the Fiber Network besides the native CKB token. The overall architecture of Fiber Network includes core modules such as off-chain payment channels, on-chain contracts, multi-hop routing, and monitoring services. Currently, Fiber Network has completed prototype development and has implemented basic functions for creating, updating, and closing channels between two nodes, while also validating cross-chain capabilities with the Bitcoin Lightning Network.

In terms of investment, the CKB public chain has strong technical strength and has attracted significant capital interest, securing approximately $100 million in funding in 2019 from renowned investors such as Sequoia Capital, Wanxiang Blockchain, and Dragonfly, 1kx, and other notable investors. This investment indicates a promising future for the CKB public chain, and as the bull market approaches, the backing capital is likely to take action to maximize profits.

Therefore, as the bull market arrives, hoarding some BTC ecosystem king CKB is also a good choice.