I lately wrote an article on the subject of RGB sensible contracts and the reason why it's the know-how you wouldn’t need to miss out on. Should you had been questioning what RGB is, what stage of growth it's on and what you are able to do with it – it's great spot to start out.
The article is offered in English https://www.ukolova.ch/bitcoin-and-rgb/what-is-rgb-and-why-should-i-care
and was revealed in Bitcoin Journal UA in Ukrainian https://bitcoinmagazine.ua/applied sciences/1678169018-shcho-take-rgb-i-chomu-mene-tse-mae-hvilyuvati
TL;DR
RGB is a scalable & confidential sensible contracts system which will be seen as each layer2 and/ or layer 3 know-how engaged on high of Bitcoin and, most significantly, for the time being of writing – the one resolution working with the Lightning Community. RGB leverages the strongest factors of Bitcoin and Lightning, whereas increasing their performance to an astonishing stage. RGB offers the power to separate many various kinds of possession rights (possession of various belongings outlined below a contract) corresponding to the suitable to personal, use, switch, modify, promote and so forth., from the contract states (situations, below which a contract exists at the moment), proofs and contract evolution. Thus we will say that the RGB contract defines an event-consequence algorithm 'if this occurs then that occurs’ with an obligation to observe sure verification guidelines on every step.
submitted by /u/Olga_Ukolova
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