Top Tweets for #cellmodel
ckb's cell model ages well because it expands design space without forcing one global app runtime. as crypto fragments into specialized use cases, that starts looking less like ideology and more like good systems design.
Nervos 101: Cell Model
It’s like Bitcoin’s UTXO Model ... but powerful! ⚡️
💡 States live in Cells
🧠 Computation off-chain
✅ Validation on-chain
🛡️ First-class assets = user-owned & secure
💸 Flexible fee coverage
🚀 Built for scalability
#Nervos #UTXO #CellModel
Everyone in, or interested in, #crypto should read through this. $CKB $BTC #CellModel #QuantumResistant https://t.co/HvaenrkZfQ
Nervos CKB shall become the "Arbitrum" of Bitcoin. Why?
The RGB++ Layer (upgraded from RGB++ protocol) developed by Nervos CKB aims to bridge the gap between Bitcoin's security and the need for advanced scalability, speed, and cost efficiency in blockchain applications, all while fostering a developer-friendly environment that's compatible with Bitcoin's core principles. So, what are the common attributes of RGB++ Layer that it has shared with Arbitrum?
1. Scalability and Speed:
RGB++ Layer leverages off-chain computation and state management, significantly reducing the load on the Bitcoin mainnet. By handling asset issuance, transfers, and smart contract execution off-chain, it allows for faster transaction processing and higher throughput.
2. Cost Efficiency:
By keeping most of the data and logic off-chain, RGB++ Layer reduces the cost associated with on-chain transactions. Instead of directly interacting with Bitcoin's high-cost environment for every transaction, users pay for Bitcoin transaction fees only when necessary, like during the initial asset binding or when "leaping" assets between chains. This can lead to substantial savings in transaction costs. Once the operation is completed, users can leap the assets back to Bitcoin mainnet.
3. Compatibility with Bitcoin:
RGB++ Layer is designed to be fully compatible with Bitcoin's UTXO model. It uses isomorphic bindings to map Bitcoin UTXOs with CKB's Cells, allowing Bitcoin assets to be represented and managed on the CKB chain while still maintaining their Bitcoin identity (or UTXO structure).
4. Security:
Security in the RGB++ Layer is maintained by leveraging Nervos CKB for final state commitments, ensuring that once transactions are settled, they benefit from Nervos CKB's robust security model, which is also UTXO-based and anchored in Proof-of-Work (PoW). This ensures resistance to censorship and double-spending. Additionally, the use of client-side validation for off-chain operations allows users to verify transactions independently, without relying on third parties. The protocol introduces concepts like "leap" for cross-chain transfers, which are executed without traditional bridge vulnerabilities, further enhancing the security of the ecosystem.
5. Developer and Ecosystem Support:
RGB++ Layer benefits from CKB's developer ecosystem, which supports Turing-complete smart contracts. This opens up possibilities for developers to build complex DeFi applications on Bitcoin through RGB++ Layer. The project provides tools and libraries for developers to interact with the protocol, and its compatibility with Bitcoin encourages existing Bitcoin developers to explore RGB++ Layer's capabilities. The ecosystem is further supported by initiatives like UTXOSwap for asset trading, enhancing the environment for developers and users alike. Read here https://t.co/XwTZmS0jYS for a more comprehensive overview of the CKB ecosystem.
6. Interoperability without Bridges:
One of the unique propositions of RGB++ Layer is its "no-bridge" cross-chain functionality, allowing for seamless interaction between different UTXO chains. This reduces the need for complex and potentially insecure cross-chain bridges. The bridgeless transfer of assets from Bitcoin to other UTXO-based blockchains such as DOGE, CKB, Cardano, etc, is the highest security form of transfer because it does not require any intermediaries. It is decentralised, trustless, and permissionless, which no other protocols or L2 can offer. Find out more by reading these contents, https://t.co/7MuNTklaxD and https://t.co/Szfq7I8ZFu.
7. Smart Contract Capabilities:
By leveraging the smart contract capability of CKB, RGB++ Layer provides Bitcoin with Turing-complete programmability through its CKB-VM, enabling a range of decentralized finance (DeFi) protocols directly on Bitcoin's ecosystem, which is typically not possible with Bitcoin's native scripting limitations.
Due to the 7 above mentioned attributes, Nervos CKB shall become the "Arbitrum" of Bitcoin.
RGB++ Layer is a strong candidate to become the ERC20- and ERC721-like standard on Bitcoin.
Last week, @baiyu2140 shared his view that RGB++ Layer aims to become the ERC20- and ERC721-like standard on Bitcoin (https://t.co/iZPOvuGpqo). Let's revisit what are ERC20 and ERC721.
ERC721 (Ethereum):
ERC721 is a standard for creating non-fungible tokens (NFT). These tokens are unique and represent ownership of specific assets, making them ideal for digital collectibles, art, and real-world assets.
ERC20 (Ethereum):
ERC-20 is a standard for creating fungible tokens (FT). These tokens are interchangeable, meaning each token has the same value and properties as any other token of the same type (like currency).
We are well aware that ordinals and runes are akin to ERC721 and ERC20 respectively. However, both ordinals and runes are lacking the complex smart contract capability due to the limited scripting ability of Bitcoin. This is easily resolved by RGB++ Layer. On RGB++ Layer, the NFT is called DOB and the FT is called xUDT. Nervape (learn more about Nervape here https://t.co/BGKHzgbk1E) and $seal are the first DOB and xUDT released via RGB++ Layer on Bitcoin mainnet.
Many would say there are also scripting capability offered by other protocols or blockchains for Bitcoin. However, most of these either do not perform the operation based on the UTXO-based model or are still requires the validation or verification on the Bitcoin mainnet, which kinda defeats the aim of reducing the load on Bitcoin. The gas fee or sat/VB will still remain high when the network traffic is huge, hence it is still not cost efficient.
Furthermore, Nervos CKB has developed Fiber Network (will go live in December 2024), which offers p2p transaction with unlimited throughput, near instant speed (<1ms), and near negligible gas fee. Consequently, Fiber Network will enable cross-border payments for global banks and financial institutions (https://t.co/fwPHM3A9aP). The support for the world's first programmable and regulatory compliant stablecoin issued on the Bitcoin mainnet via RGB++ Layer by the Fiber Network (https://t.co/TwtW1thlfC) significantly enhances Nervos CKB's position among all the L2 of Bitcoin.
Arbitrum currently sits at ~4B MC, which is ~0.9% of the Ethereum's MC. Bitcoin currently holds 1.9T MC. If Nervos CKB becomes the "Arbitrum" of Bitcoin, $CKB has room to reach ~17B MC, which is ~23x from the current price of $CKB (~743M MC).
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Exclusively brought to you by aeiou_king, who is a
@vvvdotnet shareholder and @Nervapes
BUIDLER.
Lastly, $GFM and have a great weekend!
#CKB @CKB_CN @CKBEcoFund @nervape_cn #Bitcoin #Investment #Trading #Entrepreneur #LightningNetwork #FiberNetwork #P2P #UTXOs #banking #Finance #BTC #NervosNetwork #CKB #UTXO #Binance #Upbit @BitcoinMagazine @coinbureau @CoinMarketCap @CoinDesk
3/7 Q: What is the Cell Model, and why is it important?
A: #Nervos has cell model is highly adaptable, enabling complex data structures and scripting capabilities. This flexibility is perfect for #DIDbased's needs in managing decentralized identities. #CellModel
All things are composed of basic particles. AI has harnessed this property to create infinite possibilities, and UTXO is no exception. With $CKB's utilization of the upgraded version of UTXO, the cell model, a new history is destined to be created. #UTXO #CellModel #Innovation
Throwback to our Cell Model Project! We love the clay mold to visualize and learn different cell structures, then we discussed their function!
#SeptemberProjects #tactilelearning #LMSPATS #CellModel #HarveysScienceClass #TeamDCS
An animal cell made with melon & candies👏👏👏
#animalcell #cellmodel #biologyfun #biologists #biology101
Image from biotech_bae
Nervos incorporates quantum resistance by designing its Layer 1, the Common Knowledge Base (CKB), to be flexible and adaptable. It allows for the seamless integration of quantum-resistant cryptographic primitives. The CKB's unique features, such as the #Cellmodel and the #RISC-V-based virtual machine, enable the incorporation of quantum-resistant cryptographic algorithms.
This flexibility ensures that #Nervos can upgrade its basic cryptographic primitives to quantum-resistant ones without the need for a hard fork, making it secure in a post-#quantumcomputing world💚💨
#NervosNetwork $ckb #QuantumComputing
#quantumresistance #ai #Layer1
Students of Class IX engaged constructively in an activity where they make different 3D cell models by using different materials like playdough, clay, atta dough, thermocol, etc.
#cellmodel #onlineclass #creativity
@rustlang Congrats @rustlang on the new update! Rust is our favorite language for Nervos, as it can read any crypto primitive and is efficient for the Cell Model. Perfect for building on Nervos! #rust #nervos #cellmodel $CKB
7/7 Compared to Ethereum's approach to state management, Nervos's state rent implementation seems like a logical and promising solution. By incentivizing users to only store necessary data,
#cellmodel #unique
너보스는 어떤 셀모델을 구축했을까요?🧑💻
아래 이미지를 통해 확인해보세요
#NervosNetwork #CellModel #UTXO #CKB #Bitcoin #Layer1 #Mainnet #ecosystem #너보스 #token #javascript
Happy to share our last work about a PT-digested gliadin treatment in intestinal cells😊 https://t.co/8NKZ9xgr8Y
Not sure yet about how $CKB works? #CellModel, everything that #Nervos brings for the #future, its #top #technology among other #cryptocurrencies, that CKB, with the tokenization of #onchain space, is NOT IPFS , Qutum, etc.
Read here👇
https://t.co/OpeDfDMXPo
Si todavía no tienes claro el funcionamiento de $CKB, el #CellModel, todo lo que #Nervos propone para el futuro, su tecnología #top entre el resto de #criptomonedas, que CKB, con la tokenización de espacio #onchain, NO es IPFS, Qtum, etc.
Lee aquí👇
https://t.co/Wwg3ExEBRc
#shrinkydinks complete #cellmodel #cellorganelles @NationalSCF @NSTA @caroyce let's make learning fun !
Def recommend anyone interested in the true potential of #UTXO/#eUTXO, alternatives to #EVM, autonomous #DeFi applications and revenue models to pay very close attention to what Tannr & team are doing.
#Solvers #Validity #CellModel #Trampoline @NervosNetwork $CKB
Did you miss our #AMA with @NervosNation w/ special guest @TannrAllard?
Learn about #Dapp development, a new smart contracts #programming language, #decentralized and #autonomous infrastructure, and more!
Catch up now 🔽
https://t.co/XG10Ux5erR
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