A Discussion On RGB Tokens



Watch This Episode On YouTube

Listen To This Episode:

In this episode of “The Van Wirdum Sjorsnado,” hosts Aaron van Wirdum and Sjors Provoost are once again joined by Ruben Somsen. The trio discussed RGB tokens, a Layer 2 protocol for Bitcoin to support alternative currency and token schemes (like the currently popular non-fungible tokens, or NFTs).

Van Wirdum, Provoost and Somsen explain that the Bitcoin blockchain has been (ab)used by users to host data since the project’s early days. This was initially done through otherwise-useless transaction outputs, which meant that all Bitcoin users had to store this data locally. A feature called OP_RETURN later limited this burden.



Source link

Related posts

Leave a Comment