JoyID Passkey|BTC's avatar
JoyID Passkey|BTC
joyid@nip05.social
npub1vuwe...8ztq
JoyID Passkey|BTC's avatar
joy_protocol 1 year ago
In addition to supporting Bitcoin's Lightning Network⚡️, JoyID will also support the CKB-based Lightning solution, Fiber Network. Fiber Network offers several improvements over Bitcoin's Lightning Network: - Native support for various assets, including CKB, BTC, and stablecoins. - Lower fees, faster response times, and reduced channel costs. - Lower node operation costs and minimal storage requirements. - Cross-domain atomic payments with BTC's Lightning Network. - Off-chain liquidity management. - Current use of Hash Time Locked Contract (HTLC) with future support for Point Time Locked Contract (PTLC) for enhanced privacy. - Countermeasures against "replacement cycling attack" at the transaction pool level. Stay tuned for more updates! #JoyID #FiberNetwork #LightningNetwork #Nostr
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joy_protocol 1 year ago
Both the BRC20 and RGB++ protocols utilize dust satoshis to issue assets on the Bitcoin blockchain. However, unlike BRC20, RGB++ does not generate large amounts of useless dust satoshis, thereby avoiding the waste of Bitcoin node memory resources. To learn more about how RGB++ achieves this, check out the full article: https://medium.com/@utxostack/same-satoshi-different-uses-b1a919855c14 #JoyID #RGB++ #Bitcoin #UTXO #Nostr
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joy_protocol 1 year ago
The rise of the P2P economy is set to drive a Blockchain Renaissance, revolutionizing the current path dominated by Ethereum. JoyID is proud to be part of this journey, accommodating everyday users in the growing peer-to-peer ecosystem. To learn more about how the P2P economy will reshape the future of blockchain, check out this insightful article: https://medium.com/@utxostack/p2p-economy-leading-a-blockchain-renaissance-d4b091bf2c44 #JoyID #BlockchainRenaissance #P2PEconomy #Decentralization #Nostr
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joy_protocol 1 year ago
The CKB Eco Fund has just released an exciting new research: "Reclaiming the Bitcoin P2P Vision for a Web5 Future". This paper re-evaluates Ethereum’s current trajectory, reaffirms Bitcoin’s core strengths with PoW and UTXO, and highlights the potential of the Lightning Network to revive P2P innovation. It envisions building a Web5 (Web3 + Web2) future focused on permissionless empowerment and decentralized solutions. Read the full paper here:
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joy_protocol 1 year ago
Smart Contracts on Bitcoin? Yes, with RGB++! RGB++ enables Bitcoin to support smart contracts, opening the door to decentralized finance and more on the Bitcoin network—without changing Bitcoin's core protocol. Learn how RGB++ brings smart contracts to Bitcoin. 👉 Dive deeper here: https://medium.com/@utxostack/exploring-how-rgb-layer-brings-smart-contracts-to-bitcoin-three-case-studies-949e6aca0eb4 #JoyID #RGB++ #Bitcoin #SmartContracts #Decentralization #Blockchain
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joy_protocol 1 year ago
One of RGB++ Protocol's coolest features: Bridgeless Cross-Chain Leap! No need for centralized bridges—RGB++ allows you to move assets across different blockchains natively and securely without intermediaries. This feature brings higher security and decentralization to the cross-chain experience. 🌐🔗 Curious to learn how it works? Check out this deep dive on the magic behind RGB++ cross-chain leap here: https://medium.com/@utxostack/the-magic-of-rgb-bridgeless-cross-chain-leap-70ed82bed3ab #JoyID #RGB++ #CrossChain #Decentralization #Blockchain