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Thursday, August 8, 2024
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    HomeFinanceThe RGB protocol could supply an answer to Bitcoin's Ordinals impasse, a...

    The RGB protocol could supply an answer to Bitcoin’s Ordinals impasse, a proponent says

    Gideon Nweze, founder and CEO of the newly launched Digital Arts and Property (DIBA) marketplace for non-fungible tokens (NFTs), believes there’s an alternate technique to incorporate NFTs into Bitcoin that doesn’t have an effect on block location and transaction charges.

    Nweze lately put this perception to the check, on Might 19. releasing a beta model of its NFT market. As an alternative of utilizing Ordinals, it makes use of the RGB Good Contract Protocol to create NFTs alongside Bitcoin (BTC) community.

    Whole variety of common notes since inception. Supply: Dune Analytics.
    Bitcoin NFT Market DIBA Homepage. Supply: DIBA

    Proceed studying Coin Telegraph.

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