RGB++ Layer as Hub of BTCFi and UTXO: Four Main Characteristics

Web3 Tech Brief By HackerNoon

Aug 1 2024 • 17 mins

This story was originally published on HackerNoon at: https://hackernoon.com/rgb-layer-as-hub-of-btcfi-and-utxo-four-main-characteristics.
The core technologies of the RGB++ Layer to realize full-chain interaction scenarios including for various meme coins and inscriptions/runes/colored coins.
Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #bitcoin, #rgb++, #rgb++-layer, #utxo, #cardano, #crosschain, #defi, #good-company, and more.

This story was written by: @rgbpp. Learn more about this writer by checking @rgbpp's about page, and for more stories, please visit hackernoon.com.

The RGB++ Layer uses isomorphic binding and Leap to provide a "bridge-free" cross-chain interaction experience. It leverages CKB's Turing-complete smart contract environment to build the necessary conditions for Bitcoin to issue assets and implement complex DeFi functions. It also paves the way for the large-scale adoption of BTCFi.

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