RGB FAQ
  • Welcome to RGB!
  • 💡What is RGB?
  • 📚RGB Resources
  • ⚙️RGB design principles
  • 🎓RGB paradigms
    • Single-use seals
    • Cryptographic commitments
    • Client-side validation
    • Strict encoding
  • 🔖RGB Smart contracts
    • What is a smart contract?
    • What is contract schema?
    • How does one program RGB smart contracts?
    • Do you define the validity of a state transition with Schema?
  • ☣️RGB & ₿itcoin
    • Will RGB require a fork of Bitcoin or Lightning?
    • RGB testnet & mainnet
    • Taproot, Schnorr signatures and RGB
    • Does anything need to happen in Lightning or Bitcoin to enable Lightning on RGB?
    • Is there a plan to work on channel factories?
  • 🎨RGB NFT
    • RGB NFT vs other NFT
    • What's the difference between RGB design of NFTs and common NFT approach?
  • ❓FAQ
    • What is RGB?
    • What does 'RGB' stand for?
    • Is RGB a new blockchain?
    • What can I do with RGB?
    • Is it possible to create a DAO with RGB?
    • RGB vs alternatives
    • Is RGB Turing-complete?
    • Does RGB require Taproot?
    • What RGB is compatible with?
    • Will Simplicity be used in RGB?
    • Why there is no RGB MVP with updates rolling out after?
    • How is confidentiality reached in RGB?
    • How is safety reached in RGB?
    • What is client-side validation?
    • How scalable is RGB?
    • Is there an RGB "Hello World" guide?
  • 📖Glossary
    • Contracts
      • ContractId
      • NodeId
      • Node
      • State
      • State assignment
      • State transition
      • Assignment
      • Assignment variant
      • State data
      • State type
      • Metadata fields
      • Metadata
      • Data type
      • Genesis
    • AluVM
    • Bifrost
    • Client-side validation
    • Contractum
    • Deterministic Bitcoin commitments
      • Container construction/deconstruction
      • Container
      • Commitment
      • Commitment embedding
      • LockScript
      • Proof
      • Protocol-specific entropy
      • Supplement
    • Right
    • Schema & Scripts
      • Schema
      • Field type
      • Assignment type
      • Bit dimensions
      • ABI
      • Script library
      • Occurence boundaries
      • Script extensibility
      • Transition type
    • Single-use seals
      • Witness
      • Seal definition
      • Seal blinding
      • Multimessage commitments
      • Seal closing over message
    • Stash
      • Stash
      • Consignment
      • Disclosure
      • Anchor
      • Forget procedure
      • Merge procedure
      • Validate procedure
      • Conceal procedure
      • Consign procedure
    • Encodings
      • Merklization commitment encoding
      • Storage encoding
      • Strict encoding
      • Pedersen commitments
      • Blinding factors
      • Buletproofs
      • Conceal
      • Commitment encoding
  • 🙋Community
    • Developer calls
    • Presentation slides
    • YouTube
    • Getting familiar with RGB
    • Articles & interviews on RGB
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  1. FAQ

RGB vs alternatives

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

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Last updated 4 years ago

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