Been having a lot of fun exploring smart contracts over Bitcoin. They only launched last week, and wallets are already popping up. One wallet’s chat room has 40,000 people in it, and that’s just one wallet! All this without needing a Bitcoin fork. Feels like we might be at the start of something big.
What is being built?
RGB. Basically think of anything a shitcoin could do from scaling to privacy to tokens and smart contracts, and then give all the powers to bitcoin without a single soft fork, new op code, or any drive chains controversy. The final spec, v0.12 (its essentially an ossified spec) is out.
It works on L1 and L2.
Meant to link the video! https://youtu.be/Q34QcP2GMMU
This isn’t an l2?
It's rgb which works on both L1 and L2 (ark and lightning). Version 0.12 just launched (the production spec, not to be confused with bitfinex's attempt to hijack the project with v0.11.1) and paves the way for zk on bitcoin and massive scaling via prime. All of this tech works via client side validation and single use seals.
And it requires no fork!
No idea what you just said! Is there a YT primer somewhere?
Here you go: https://youtu.be/Q34QcP2GMMU
Turn your zaps on
hi -- we were trying to zap you -- but it looks like you haven’t set up a NIP-05 or ⚡ lightning address yet — grab one free at https://rizful.com .. then pls reply here and we will try zapping you...
What is the wallet?
👀
