Ordinals vs Layer 2 Metaprotocols, Part 2: The Final Showdown?
An analysis of the dichotomy between metaprotocols residing on Layer 1 vs. metaprotocols that lift related asset data off-chain.
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An analysis of the dichotomy between metaprotocols residing on Layer 1 vs. metaprotocols that lift related asset data off-chain.
RGB and Taro, two protocols capable of putting tokens like stablecoins on Bitcoin, have taken different approaches to solving similar problems. This is an opinion editorial by Kishin Kato, the founder of Trustless Services K.K., a Japanese Lightning Network research and development company. Demand for stablecoins on Bitcoin is returning as the Lightning Network offers [...]
The post RGB And Taro, Both Putting Tokens On Bitcoin, Take Two Different Approaches To Development appeared first on Crypto Breaking News.
Over-collateralized, bitcoin-backed stablecoins are going to be an integral part of hyperbitcoinization.
With the RGB protocol, users can allocate altcoins to Bitcoin UTXOs, enabling stablecoins transfers on the Lightning Network and more.
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