RGB Protocol Could Solve Bitcoin’s Ordinals Problems: Proponent Claims

• RGB Protocol is a solution to the Bitcoin Ordinals jam
• RGB allows NFTs to be minted without taking up space on the network
• Ordinals inscribes assets directly “into” the Bitcoin blockchain, whereas RGB layers the transactions on top of the network.

RGB Protocol Offers Solution To Bitcoin’s Ordinals Jam

The founder of Digital Bitcoin Art and Assets believes that smart contracts on Bitcoin could solve the myriad problems created by Ordinals. Gideon Nweze recently put this belief to the test, launching a beta version of his NFT marketplace on May 19. Rather than using Ordinals, it leverages the RGB Smart Contract Protocol to mint NFTs on top of the Bitcoin (BTC) network. This protocol enables encrypted transactions with Lightning Network functionality, allowing users to mint NFTs without taking up huge amounts of space on the network.

Ordinals Inscription Controversy

Since its introduction in January, assets minted by way of the newly-introduced Ordinals Protocol have attracted widespread criticism for being inefficient and “clunky.” This is because Ordinals inscribe assets directly “into” the Bitcoin blockchain, whereas RGB layers them on top instead.

Trustless Computer For BRC-20 Tokens

It’s worth noting that while RGB can only mint NFTs, there’s another protocol called Trustless Computer which leverages smart contracts to mint BRC-20 tokens as well. It uses zero-knowledge proofs (ZKPs) for verifiable computations and ensures that user privacy is maintained during token creation and asset transfer processes.

Pros And Cons Of Using Smart Contracts On The Blockchain

Using smart contracts eliminates many potential issues faced when using an off-chain solution such as a centralized exchange or wallet provider – security, reliability and trustworthiness are all improved thanks to their decentralised nature. However, they do require more technical understanding compared to traditional methods which could put some people off from using them in their projects or businesses. Additionally, while they offer more secure data storage options than traditional methods they can still be vulnerable to hacks or bugs which could result in significant losses for users who don’t take proper precautions when creating or storing their contracts.


The use of smart contracts has become increasingly popular over recent years due to their ability to provide secure data storage solutions while avoiding fees associated with off-chain storage providers such as exchanges or wallets providers – however this comes at a cost; as with any technology there are risks associated with trusting digital code so users should always ensure they understand how it works before investing money into any project utilising these protocols.