Nervos’ RGB++ live on testnet

RGB + + has been receiving a lot of interest recently from both the Bitcoin and Asian crypto communities with it’s novel approaches to bitcoins limitations - putting it in the realm of ‘layer 2s for Bitcoin’

But not without controversy. RGB++ inspiration - ‘RGB’ protocols founder Maxim Orlovsky has met this newfound competition of RGB++ with great emotional resistance which ultimately lead to him stepping down from his role with the RGB protocol.

INTRODUCTION TO RGB++

RGB++ is an extension protocol based on RGB, utilizing single-use seals and client-side validation technology to manage state changes and transaction verification. It maps Bitcoin UTXOs to Nervos CKB Cells via isomorphic bindings and uses script constraints on the CKB and Bitcoin chains to verify the correctness of state computation and the validity of ownership changes.

RGB++ addresses the technical challenges faced by the original RGB protocol in practical implementation and provides more possibilities, such as blockchain-enhanced client validation, transaction folding, shared states with ownerless contracts, and non-interactive transfers. It brings Turing-complete contract extensions and performance enhancements to Bitcoin without the need for cross-chain transfers or compromising security.

RESOURCES

Lead developer: https://x.com/crypcipher?s=21&t=8JaEsuXJrhV1hpg1KwUggw

Development team: https://x.com/ckbcell?s=21&t=8JaEsuXJrhV1hpg1KwUggw

Nervos network: https://x.com/nervosnetwork?s=21&t=8JaEsuXJrhV1hpg1KwUggw

White paper: https://talk.nervos.org/t/rgb-protocol-light-paper-translation/7790

Protocol and implementation components: https://x.com/crypcipher/status/1774404145916854639?s=46&t=8JaEsuXJrhV1hpg1KwUggw

TLDR: Nervos’ RGB++ is a new protocol that offers revolutionary ideas and improvements to Bitcoin. Now live on testnet