@NervosNetwork is one of several Bitcoin scaling solutions that takes a more native approach by modifying the UTXO model.
It aims to strengthen its position within the L2 space by simplifying the UX and dev. experience.
Read the comprehensive overview: https://t.co/SiFG5ALa5g
🔥 Messari has released an in-depth research report on CKB! 🚀
🌟 Global top-tier analysis firm @MessariCrypto has unveiled a comprehensive study on @NervosNetwork#CKB, showcasing how it breaks through Bitcoin's programmability and scalability limits!
Messari highlights:
✅ CKB's innovative #UTXO extension model (Cell Model) and custom virtual machine (CKB-VM) significantly improve Bitcoin's programming limitations.
✅ #RGB++ protocol brings unprecedented smart contract execution and asset issuance capabilities to Bitcoin, vastly expanding its usability and positioning it as a layer for execution and data availability.
✅ The report also discusses the potential of projects like @utxostack and the CKB Lightning Network to enhance Bitcoin's scalability.
📈Since the launch of the RGB++ protocol on the mainnet in April 2024, the number of asset issuance projects on #Bitcoin using this protocol has surged, with CKB’s on-chain transaction activity skyrocketing. In April, nearly 400,000 new addresses were added, marking an 181% MoM increase.
🔍 The report notes that in the competition of Bitcoin L2 solutions, CKB respects the original spirit of Bitcoin while natively extending its functionalities, bringing new possibilities to the Bitcoin ecosystem.
💡 As the ecosystem continues to mature and more innovative projects join, CKB is set to become a key pillar in the Bitcoin ecosystem, contributing new momentum to the development of global blockchain technology.
🔍Read the full report: https://t.co/jZOHXlpzJE
RGB++ protocol creator deployed only one token. Why name it $Seal?
Introducing the RGB++ protocol, many people are curious about it. @btckbseal
1>First reason
The $Seal token gets its name from "single-use-seals" because the RGB++ protocol is based on two main concepts: "single-use-seals" and "Isomorphic Binding".
Back in 2016, Peter Todd wrote a paper called "Preventing Consensus Fraud with Commitments and Single-Use-Seals".
2>Second reason
Seals are amphibious, and RGB++ assets can leap seamlessly between the Bitcoin mainnet and L2 without bridges, just like seals.
Nervape Gear Snapshot Reminder + Highlight 1: Handheld Gear! ✨🖐️
📸 REMINDER: Nervape Snapshot is this Wed, June 5th, 10AM UTC+8!
1️⃣ Have a Nervape present in your BTC address.
2️⃣ Generated a CKB address with this BTC address.
…for the snapshot. If not, you’ll miss out on Nervape Gear Drop Round 1! 😱
✊ Gear Highlight 1: Handheld Gear!
Today we’re showing off some of the cool handheld gear that will be available! Handheld gear is what your Nervape will wield in their hand, from lightsabers to screaming chickens. Whether it’s battling the dark side or boredom, we’ve got something for you! ⚔️🐔
🎁 About the upcoming drop 🚀: Coming this week, the first round of Nervape Gear will feature these 5 categories to dress up your ape: handheld / headwear / eyewear / accessory / lower body. We’ll highlight each of these categories leading up to the drop as well as cool features!🌟
Which handheld gear will you get? You won’t know unless you have a Nervape! 🤔🙌
🦧 Get a Nervape: https://t.co/39PGkInada
📚 Connect/Generate a CKB Address: https://t.co/cDRyhzi0cV
📢 Discord: https://t.co/NSkY3XptQn
#Nervape #Nervapes #NervapeGear #Airdrop #GearDrop #CoolGear #Handheld #NervapeCommunity #CryptoCollectibles #FashionNFT #nftart