What's RGB Proxy?🧵⬇️⚡️
RGB proxy is a server done to facilitate the relay of load data between RGB wallets, having better UX for end user and also avoiding attacks of users, spammers, etc.
#bitcoin #LightningNetwork #layer2 #layer3 #rgb #taproot #utxo #privacy
RGB proxy is a server done to facilitate the relay of load data between RGB wallets, having better UX for end user and also avoiding attacks of users, spammers, etc.
#bitcoin #LightningNetwork #layer2 #layer3 #rgb #taproot #utxo #privacy
This feature can be used in the following workflow:
-Payee validates the content of consignment file;
-The payer pots consignment file with UTXO blinded provided by the payee in the invoice;
-The payee asks the proxy server if consignment file is associated to the UXTO blinded;
-Payee validates the content of consignment file;
-The payer pots consignment file with UTXO blinded provided by the payee in the invoice;
-The payee asks the proxy server if consignment file is associated to the UXTO blinded;
(continue here)
-If exist UTXO blinded to the Payee;
-The payee posts message ACK if is ok, but if fail can post a message NACK;
-The payee asks proxy sever about ACK/NACK. If successful will process Bitcoin transaction;
-If exist UTXO blinded to the Payee;
-The payee posts message ACK if is ok, but if fail can post a message NACK;
-The payee asks proxy sever about ACK/NACK. If successful will process Bitcoin transaction;
Conclusion
With enhancement of tools for RGB as RGB Proxy, I trust the layer 3 will be very important for next year/decade, due the world enter in a dystopia of high control like CBDC. Like this RGB will help people the exit of this Matrix.
With enhancement of tools for RGB as RGB Proxy, I trust the layer 3 will be very important for next year/decade, due the world enter in a dystopia of high control like CBDC. Like this RGB will help people the exit of this Matrix.
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