jakiro
Recently, the ecology of the BTC derivative market seems to have fallen into a dilemma: 1) The expected large turning point of BTC has not arrived;Dumb fire.However, at the time when they are all staged “Let Bullets Fly”, I am even more bullish @nervosnetwork.Why?Next, talk about my opinion:
In my opinion, there are currently two major problems in the BTC derivative ecological market:
1. Native RGB Lightning Network, EVM-Conpative, UTXO Typical Binding Chain three-pointers, and there is no main line Layer2 direction;
2. The issuance of ORDINALS, BRC20, ARC20, Runes and other assets, which has become more technological, the weaker the richer effect, because the fundamental problem of poor liquidity is not solved;
BUILEDER, while the world’s heroes are unreasonable, Marketing has been expected to have a backbone collapse.The current BTC ecology must hand over the answer sheet to solve the liquidity of a layer of derivative assets.
Therefore, the Bitcoin derivative market urgently needs to run out of a closed -loop Layer2 solution that can be quickly formed from technical structure, market operations, and ecological landing.
The landing of the native RGB protocol and the lightning network is too slow. Many protocol frameworks of EVM-Composition are still being constructed. In contrast, only the CKB public chain as the UTXO homogeneous binding chain is currently gradually “accelerating” the landing market for the BTC market for the BTC market.All imaginations of Layer2: RGB ++, UTXO Stack, Lightning Network, DOB Assets, All -Chain Games, etc. are now emerging.
In the short term, the CKB public chain can quickly “big training” for the BTC Layer2 industry, so that everyone can see that the first layer of BTC derivative assets can expand and circulate in the second floor of Turing.The congenital technical advantages of binding “set the mainstream unified market for the UTXO structure for the BTC Layer2 market.
The fundamental reason why the CKB public chain is done is: the UTXO Cell model of the CKB chain itself can include token, JavaScript code, JSON string, smart contract, and a completing Bitcoin UTXO state. Therefore, the CKB public chain can be seen.It is a complete state machine under the chain of the BTC main network.
Being able to store all the states that occur on the BTC main network are equivalent to a BTC main network extended the DA layer; and all calculations are running based on its Turing’s complete characteristicsIt also provides a safe interoperability for BTC.
Simply put, if we think that the BTC main network can only do asset settlement, CKB will have a brain to extend the Functionality of the DA layer, execution layer, and interactive operational operation.Because of this foundation, CKB has achieved some things that have difficulty in the landing of the original BTC chains such as RGB and Lightning Networks.
Take RGB as an example, to simply understand: its complete implementation requires some of the clients to store part of the “state”, and then send a Commission promise to the main network through disposable sealing technology (one is operated by the original status data, which has been formed.), The promise contains the cost of UTXO, which cannot be tampered with. It can only be “unlocked” by another matching commitment.
If Alice will send BTC assets to the BOB through the RGB protocol, Alice initiates a promise agreement to unlock UTXO by BOB, and the BTC full node will wait for the other corresponding promise to be unlocked.A time of UTXO (settlement).
Therefore, for the RGB client verification system, the key is that independent P2P individual households such as Alice and BOB must maintain a “status copy”, and at the same time to prove to the main website onlineThe status of matching and new commitments is updated to complete the asset cutting.
The problem is here. To make these individuals have this kind of collaboration, it usually needs a very complete “infrastructure”.At this stage, the crux of the RGB protocol network that cannot be landed on a large scale is to build this infrastructure to uniformly manage the status, requests, and communication of the client under the chain.
The CKB public chain itself has a DA state storage capacity and the interactive operation capabilities binding. If this difficult infrastructure engineering is replaced by the ready -made CKB chain, the problem of the crux of the RGB client verification will not be solved?That’s right, this is the foundation of RGB ++.
Following this idea, the payment network of the state channel model of Lightning Network can also be landed on the CKB public chain.After all, the crux of the Lightning Network is also the problem of interactive state management between the dispersed Lightning Network nodes.Imagine that the original scattered and complex chain operation “black box”, if it can be achieved efficiently under a existing public chain, the natural landing and application process will be faster.For example, the status channel cycle management, UTXO accounting and settlement, chain status deposit certificate, P2P communication simplification, etc.
Taking the INScript asset issuance as an example, the inscription assets originally issued on the BTC L1 main network, after the FOMO tide is completed, the assets fall into the state of high cost replacement and low circulation.What about high -efficiency circulation?
1. First issue and MINT inscription assets on the main network, you can also via the CKB network MINT, but the CKB public chain is actually the “play” function of infrastructure to help users send trading MINT inscription assets from the CKB public chain;
2. All inscriptions assets will co -exist on the main network and CKB at the same time. When the main network inscriptions asset MINT is successful, the L1 and L2 interoperability that can be trusted by Leap can realize asset twin.A huge “indexer” to manage shadow assets;
3. These shadow assets can be based on the RGB ++ (one -time sealing commitment) interactive way to conduct low -cost circulation on the CKB public chain.When the user puts the main network asset LEAP to the CKB public chain, the shadow asset represents the original asset on the CKB public chain to conduct high -efficiency circulation in the application ecosystem of DEFI and the game. CKB will complete the record of each state change record, and in the record of each state, and in the record, it is in the record change record, and it is in the record of each state.When the user requests the asset Leap back to the main network, the status is updated on the main network.(MINT behavior occurs at a high handling fee for the main network, but subsequent circulation interactions can greatly reduce the handling fee on the CKB chain.
In my opinion, the CKB public chain itself is a well -equipped UTXO structure Layer2 with a very technical framework. Its Cell model can bind UTXO on the BTC, so that BTC and CKB Layer2 can realize the asset interoperability without cross -chain.Move, abstract understanding as a state of quantum entanglement synchronization).In addition, the CKB chain’s high -performance execution Turing contract will make up for the problem that UTXO cannot implement the state of control of the owner.
How to do it?Because CKB’s CELL status has global management capabilities, if there is a conflict in the status in different cells, such as the promise of using two state conflicts, CKB will reject the security of one of the Cell promises to protect the asset update.In essence, the CKB public chain is extremely programmable. It is necessary to know that the Layer2 solution of Ethereum Plasma cannot achieve similar Turing expansion.
Therefore, if I want to accelerate the landing of BTC Layer2, I will vote for a camp binding of UTXO homogeneous binding.
Although the CKB public chain is a successful UTXO paradigm BTC Layer2, how can the shape single shadow only represent the mainstream camp?Therefore, CKB launched UTXO Stack to expand its camp scale.
This situation is like this. Vitalik said that ZK-Rollup was the final. Everyone rushed to the ZK field to build Layer2.It will become the basic framework for ecological rapid construction and deployment Layer2.The Stack strategy helps a strategic upgrade of Op Stack to OP-Rollup’s strategic upgrade.
above
In short, the cold and silence in the recent secondary market will put pressure on the BUILDER of the first -level market.Previously, the chaos will also be regarded as prosperity, but calm down the non -standard, irregularities, mainstream narrative, and core problems solution (liquidity) of BTC Layer2 will become a must -have problem.Therefore, in Runes, their dates undoubtedly gave the CKB public chain’s UTXO homogeneous binding camp once a “send Dongfeng” moment.
Note: From the perspective of technical logic, this article is a call for BTC Layer2 for the UTXO homogenic of the CKB public chain.
If you want to have a more systematic comprehensive understanding of CKB, RGB ++, homogeneous binding, UTXO Stack, you can subscribe to the research report of Web3Caff:
https://research.web3caff.com/zh/archives/17210?ref=743 (Read the original text in the lower left corner
