Is there any threat of RGB turning Bitcoin into a alt coin shit show like BSC ETH etc ? Could this turn Bitcoin into a enabler for pump and dumb useless scam tokens ? Iv been wanting a legit way for a stable coin to be issued on Bitcoin and I imagine this could be useful for that .
#RGB🔴🟢🔵 enables post-blockchain smart contracts on #bitcoin #lightning⚡️
Here is a quick overview on what RGB promises to be able to do:
RGB scales
It can scale in terms of transaction throughput, data size and network size, because it doesn't keep any data on-chain. It is sharded from the day 1 and is fully interoperable with layer 2 scalability solutions.
RGB offers privacy
Transactions are not on a blockchain, so no analysis is possible. It uses zero-knowledge to protect the history of a fungible state.
RGB is bitcoin & lightning native
RGB brings rich smart contracts in a scalable way to the world's most secure and censorship-resistant cryptocurrency: bitcoin.
RGB is capable
RGB was designed to allow everything what is possible with blockchain-based smart contracts (like in Ethereum and others) – but in the scalable, robust and private way. You can do Tokens, NFTs, DeFi, DAOs.
Learn more: https://rgb.tech
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