As the supply of $BTC becomes increasingly scarce, the demand for L2 becomes more and more important, and the bull market in the next half year will definitely be accompanied by more and more BTC L2. However, most of BTC L2 essentially runs on EVM, and the contract controller has absolute power, which seriously conflicts with the Bitcoin UTXO and RGB protocols.
The core idea of RGB++ is to exchange some privacy for a more convenient user experience, and it can also achieve functions that the RGB protocol cannot. Users can choose different plans according to their preferences. If you want a simple, easy-to-use product with full functions, you can choose RGB++; if you care more about privacy and the security of your own verification, you can choose the traditional RGB protocol.
This idea is similar to Buterin’s comments on Ethereum Layer 2
So what new opportunities do we have in RGB++?
RGB++ is just a protocol. This protocol is not exclusive to CKB, but CKB is the current DA layer and contract execution layer of RGB++, which solves the data island and fragmented storage problems of traditional RGB; secondly, the RGB contract release is too complex. It is also solved in RGB++. RGB++ solves the long-tail effect problem of RGB and will inevitably bring about more explosions and implementation of assets.
In layman's terms, this protocol achieves two things:
1. The security of BTC is solved
2. The complicated and difficult-to-use contract and payment interaction problems of RGB are solved.
In addition, privacy issues can theoretically be solved on the CKB chain by introducing methods such as zero-knowledge proofs. CKB, with its many years of technology accumulation, will surely usher in a new wave of asset growth points for the second layer of Bitcoin. Please be sure to continue to pay attention! ! !