The launch of the RGB protocol at Bitcoin with the support of distinguished assets star-news.press/wp

The RGB Smart Contrac and Asset Manance said that it was launched on Mainnet Bitcoin, allowing distinctive assets like stablecoins, non -explosive symbols (NFTS) and the symbols designated within the Bitcoin ecosystem.

Thursday, the protocol Declare These are the distinctive symbol tools that allow users to create, send and manage digital assets on Bitcoin and the Lightning network available.

The protocol said that it allows the functions of the new symbol above the network, while preserving its principles of decentralization, privacy and the second.

RGB uses validation of the customer’s side, which means that asset data is processed and verified by the user. This maintains the activity of assets abroad with the consolidation of proofs on bitcoin transactions, allowing to maintain privacy and reduce Blockchain.

RGB protocol to bring usdt to Bitcoin

Boosty Labs Viktor Ihnatiuk CEO and CEO of CointeleGraph told CointeleGraph that USDT from Tether would be the first real -real -real -world use case for RGB for secretly developed Stablecooin Converts on Bitcoin.

When asked about what this means for USDT users, IHNATIUK said they will enjoy a quick and cheap transportation on Bitcoin due to compatibility with the Lightning Network. “No need to use other chains with their confidence bodies,” said ihnatiuk cointelegraph.

IHNATIUK also said that current RGB projects want to integrate Tether (USDT) on Bitcoin as soon as they are available.

He added that lightning -based atomic bodies will also allow decentralized trading functions.

“RGB allows you to build any DEFI logic above, and take advantage of its VM capabilities, which can be compatible with EVM,” said ihnatiuk Cointelgraph. “Therefore, any cases of use we know can be built in Ethereum, Solana, Defi Now on Bitcoin.”

Ihnatiuk also told Cointelegraph that the RGB feature on other chains is to be directly on Bitcoin, allowing it to benefit from Bitcoin.

He said that the customer’s health verification model also brings privacy by having invisible treatment data.

Related to: Bitcoin “pain attacks” on the right track to double its worst year

The RGB Protocol to support the grant system with grants

With the launch, prominent encryption organizations formed the RGB Protocol to coordinate and enhance the development and accreditation of RGB through education and financing.

Among the founding members are Bitfinex, Network B Plan B, Thunderstack, Bitmask, Bitmask by Diba, Fulguure Ventures, Lnfi, Kaleidoswap and Tribe RGB, ”

He said that the association will provide grants, care and educational initiatives to support the RGB ecosystem and promote innovation for Bitcoin.

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