RGB vs existing alternatives comparison - Githubissues

LNP-BP / presentations

Slides, visuals and video links that explain Bitcoin L2/L3 technological stack development, curated by LNP/BP Standards Association

https://www.youtube.com/c/LNPBP/

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RGB vs existing alternatives comparison #11

Closed UkolovaOlga closed 3 years ago

UkolovaOlga commented 4 years ago

RGB compared to Liquid Confidential Assets:

Works with Lightning Network
Replaces Large Borromean signatures range proofs with modern Bulletproofs
No blockchain space consumption!
Universal smart contract system
Works on Bitcoin mainnet, does not require federation

RGB compared to OMNI/Colored coins/Counterparty

No blockchain consumption
Much higher privacy
Works with LN without its modifications

RGB compared to Ethereum/EOS/other "corporate blockchains"

RGB is NOT a blockchain!
Works on and with Bitcoin:  the only censorship-resistant unconfiscatable hard money

Omni BOLT compared to RGB LN

Breaking BOLT message compatibility
Breaking BOLT tx structure compatibility
No backports from LND
No TLV extensions
Requires separate nodes for OMNI Bolt and Bitcoin LN
Requires Omni Core backend, can't work with just Bitcoin Core

UkolovaOlga commented 3 years ago

Added to the FAQ