Tuesday 1 June 2021

RGB protocol explanation for bitcoiners


I made a post on yalls where I tried to explain what RGB is and how it works from a high level perspective. I think Bitcoin and LN will be a settlement/payment network for any currency thanks to RGB in the future. To explain RGB, I show how RGB core concepts allows you to take a fresh look at what Bitcoin is technically. This post is for people who want to understand how RGB works under the hund without any code and how it uses Bitcoin and LN, it is quite technical.​If you want to read my explanation for free, I shared my post in the reddit r/RGB_protocol so you can read it there :) (I hope we will see more activity on the RGB sub with its adoption).The LNPBP association also made nice slides recently to illustrate how you transfert RGB asset on-chain here ! This is a great picture to understand how Bitcoin secure RGB transactions and how they happen.I hope some of you will enjoy it ! via /r/Bitcoin https://bit.ly/3fBpvWm

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