This article is reproduced from the Medium account of Stable++, original link: https://medium.com/@Stablepp/stable - 一段创新的旅程 - 800cea0e492d
From RGB to RGB++#
The RGB protocol is built on the technology of client-side validation and one-time-sealed strips. During the transaction process, asset history, transaction data, and confirmation information are packaged and exchanged off-chain, and finally the transaction commitment is pushed onto the chain, generating an unspent transaction output (UTXO) for future use. These UTXOs can only be used once to ensure the ownership of RGB assets.
Although RGB greatly enhances privacy, security, and scalability of Bitcoin by moving computational steps off-chain, innovation in the blockchain field has never stopped. The enhanced protocol RGB++ goes further on the solid foundation of RGB and brings new breakthroughs.
RGB++ introduces a more powerful and scalable framework designed to support a wider range of use cases and more complex smart contracts. One key upgrade is the reliance on UTXO-supporting solutions like CKB, which replaces client-side validation with on-chain public validation. Based on this design, transactions become simpler and faster, and the state of RGB assets is bound to RGB++ isomorphically. This allows assets to freely flow in any UTXO-supporting chain without the need for cross-chain solutions.
RGB++ is not just an upgrade, it is proof of the relentless pursuit of innovation in the blockchain field. Based on the innovation of RGB++, developers and users can unlock more possibilities and drive the future of decentralized technology.
From UTXO to Cell#
The UTXO model records the amount of cryptocurrency in each transaction output. Each time an asset is transferred, the corresponding UTXO is spent and new UTXOs are generated to indicate the new state of the asset. While this model is effective, it has limitations in terms of scalability and flexibility.
The Cell model addresses these limitations head-on. Through innovative design, the new Cell model includes more storage areas, providing more powerful functionality. UTXOs in RGB can be mapped to Cells in RGB++ through the lockscript within the Cell. Unlike UTXOs, Cell units can not only store asset quantities but also store data in any format within their typescript. This allows complex smart contracts to be embedded in Cells and executed by the powerful CKB-VM.
This flexibility enables more complex smart contracts and decentralized applications, further expanding the boundaries of blockchain technology.
From BTC to CKB#
Bitcoin laid the foundation for decentralized digital currency and introduced the concept of blockchain to the world. Its impact on finance and other fields is undeniable. However, in search of better scalability, interoperability, and sustainability, new solutions like Nervos CKB have emerged.
CKB is designed as a general-purpose solution that, through its unique Cell model and powerful CKB virtual machine, can support a wide range of applications. CKB aims to be the backbone of the decentralized economy, enabling developers to seamlessly build diverse and interoperable applications. Sharing the powerful PoW mechanism with Bitcoin, CKB provides greater flexibility and scalability to the Bitcoin ecosystem while ensuring security and trustworthiness.
As a leader and pioneer in the UTXO camp, CKB is exploring and unlocking the immense potential of Bitcoin, driving the future of blockchain technology with the most powerful weapon of humanity - innovation.
From Nothing to Stable++#
Stablecoins play a crucial role in reducing volatility in the cryptocurrency market and provide a safer choice for investors. They are also a key indicator of measuring the overall health of the market.
With the introduction of the first seamless integration solution with Bitcoin by CKB - combining PoW mechanism, UTXO support, and design without the need for cross-chain - there is now a unique opportunity to integrate stablecoins into the Bitcoin ecosystem.
Stable++, a groundbreaking UTXO-based over-collateralized stablecoin protocol, utilizes advanced algorithms and powerful mechanisms to ensure its outstanding stability and reliability. This innovation not only enhances the availability of stablecoins but also paves the way for widespread use of cryptocurrencies in daily transactions.
With the strategic investment from the CKB Foundation and the support of well-known projects within the Bitcoin ecosystem, such as $Seal, Stable++ will completely change the cryptocurrency field. This groundbreaking protocol will be launched this month, marking an important milestone in the crypto world.
Join us and witness this exciting event, become a part of this groundbreaking journey of innovation!
Conclusion#
Innovation is the endless pursuit of excellence. Each step forward represents a constant challenge to what is considered "impossible". These advancements are not only technological feats but also milestones that shape the future of our digital world. As we continue on this path, the spirit of innovation will always be our guiding light, illuminating a brighter and more vibrant future.