The RGB new asset launch is coming. Get ready quickly.

In the Bitcoin ecosystem, UTXO (Unspent Transaction Output) is one of the core concepts, not only the foundation of BTC transactions but also opens new doors for innovative projects like the RGB protocol. Want to master the BTC ecosystem? First, understand UTXO!

What is UTXO?

UTXO is the 'change' model of Bitcoin transactions. Each transaction consumes old UTXOs and generates new UTXOs, recorded on the Bitcoin blockchain. Your wallet balance is actually the sum of all available UTXOs.

For example:
You have 1 BTC and want to pay 0.3 BTC. The wallet will select a UTXO (e.g., 1 BTC), split it into 0.3 BTC (to pay the other party) and 0.7 BTC (to return to yourself), and deduct a small gas fee. This 0.7 BTC becomes the new UTXO.

The 'superpower' of UTXO in the BTC ecosystem.

  1. Privacy and efficiency: UTXO supports strong privacy and efficient asset management through client-side verification and one-time sealing technology.

  2. Smart contracts and asset issuance: The RGB protocol utilizes UTXO to achieve Turing-complete extensibility, issuing native assets (like RGB20-USDT) without relying on additional blockchains.

  3. Cross-chain operations: UTXO supports interaction between the Bitcoin mainnet and the Lightning Network, with unlimited potential in the future.

The 'chemical reaction' between UTXO and the RGB protocol.

The RGB protocol is a star project in the BTC ecosystem, running smart contracts and asset management by 'attaching' to UTXOs. Bitlight Labs, as a core contributor to RGB, has launched the Bitlight wallet, supporting the storage and transfer of RGB mainnet assets.
Important: RGB assets are bound to UTXOs; each UTXO corresponds to one asset. Transferring assets will consume the UTXO denomination, and if the denomination is insufficient, it is necessary to split or create a new UTXO.

How to master UTXO and RGB?

  1. Download the Bitlight wallet: Install via the official Twitter link and back up your mnemonic phrase.

  2. Deposit BTC: Transfer more than 0.001 BTC to the Bitcoin mainnet address, reserving 0.0001-0.001 BTC for gas fees.

  3. Split UTXO: Click 'Create UTXO' on the wallet 'UTXOs' page to prepare for receiving RGB assets.

  4. Note: Avoid transferring BTC containing Ordinals, Runes, BRC-20, and other protocols, as they may be destroyed.

Tip: Bitlight Labs plans to distribute the first RGB asset ($RGB) through a 'faucet,' which may have daily claiming limits. Prepare your UTXOs and participate in the new asset launch anytime!

Why focus on UTXO?

With the explosion of the Bitcoin ecosystem, protocols like RGB are pushing the potential of UTXO to new heights. Low-cost entry, familiar operations, and you can seize the opportunity!

Are you ready to master the BTC ecosystem? Leave a comment to share your thoughts!
#加密市场反弹 #RGB