Overview of the Bitcoin Ecosystem: Explore the future of inscription, Layer2 and RGB with CryptoWizard

This episode invites experts from the Bitcoin ecosystem to share their views on recent track protocols. The development trends of Bitcoin layer assets and Bitcoin smart contract assets were discussed, as well as the development direction of projects such as Merlin Chain and RGB++.

Wizard believes that Bitcoin’s first-level assets have the advantages of decentralization and security, while RGB++ has paved a new path for Bitcoin’s blockchain through its native expansion capabilities.

Merlin has filled a gap in the market in the development of Bitcoin's first-tier assets, while RGB++ has explored how to give Bitcoin one-tier asset expansion capabilities through native methods.

Anchor

Athena, host of FOMO Radio

Guest introduction

@0xwizard, Bitcoin Ecosystem OG

@Arnaud, web3 philosopher

[timestamp]

02:07 Looking at the development of the Bitcoin ecosystem from two perspectives

05:03 Why is it necessary to issue assets on the BTC layer and what are its advantages and disadvantages?

08:20 How to think about RGB++ and Merlin

16:51 Bitcoin is more than just a blockchain, it is essentially an end-to-end cash payment system

23:22 Bitcoin ecology, two major trends and five small directions that ordinary people can participate in

34:13 There are three types of Bitcoin asset issuance - Inscription protocol, non-native Bitcoin smart contract protocol, and native Bitcoin smart contract protocol.

45:15 Market-Making as Marketing

49:02 Where will the Bitcoin ecosystem go in the future?

In this part of the conversation, Arnaud and Wizard discuss the future development of the Bitcoin ecosystem. They mentioned several protocols that represent the Bitcoin ecosystem, including Taproot, RUINS, Casey, RGB++, Atomicos and Stamp. They discuss the advantages and innovations of these protocols and provide an outlook on their future development. They also mentioned the importance of Layer2 and Layer3, and how these protocols can be applied to different scenarios. Finally, they emphasized the integration and coexistence of the Bitcoin ecosystem.

This podcast discusses the development and future of the native Bitcoin ecosystem. The main directions of discussion include native smart contract solutions, non-chained Bitcoin pledge solutions, EBM extension layers, Layer 2 solutions, etc. Wizards and Arnaud believe that native Bitcoin asset issuance and smart contracts are key points worth paying attention to. They believe that a project's influence and market reach are key factors that determine its success, not just geographical factors. They encourage projects in the Chinese-speaking area to embrace the global market, make their own voices heard, and strive to reach more international markets.

about Us

FOMO Radio

FOMO Radio, FM for FOMOers.
FOMO Radio is a podcast program focusing on Web3 and pan-business technology fields. We are committed to exploring the essence behind industry phenomena, sharing good team stories, and providing scarce high-quality content so that FOMOers will no longer be FOMO.

Host: Athena, host of FOMO Radio @0xathenalee

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This program does not constitute any investment advice. Investment is risky, so please be cautious when entering.