₿🛠️ Satoshi's 21 #013: RGB Smart Contracts - From Assets to Digital Identities

This time, Olga Ukolova and others will show us the latest developments in the LNP/BP (Lightning Network Protocol / Bitcoin Protocol) stack and especially RGB, the concept which started as Colored Coins aka tokens "on Lightning" and grew into a privacy-preserving smart contracts & bearer rights system.

She will explain the basics of the technology, give a demonstration of MyCitadel - the first RGB-enabled wallet, and the asset issuance tool Bitcoin Pro. We will also scratch technical details.

Though started as a simple idea of having tokens on Lightning, RGB has developed into a system that covers many more use cases, while still benefiting the Bitcoin ecosystem.

From the technological perspective, RGB is highly robust & modular at the same time, it does not ‘pollute’ the Bitcoin timechain with unnecessary data, adds privacy and scalability even more than Lightning does, while being ready for upcoming improvements like Simplicity and Taproot.

From the user perspective, it covers many real-life use cases, from creating stablecoins like Tether, issuing company shares on Bitcoin, to proving the ownership rights over a collectible (aka ‘NFT’) or even create and manage your Digital Identity.

• https://www.rgbfaq.com/
• https://github.com/LNP-BP/LNPBPs
• https://github.com/rgb-org
• https://twitter.com/mycitadel_io
• https://github.com/pandoracore/bitcoin-pro

Speakers and notable participants include:

Olga Ukolova

• https://twitter.com/OlUkolova

You?

• This is an interactive event, feel free to contribute, ask and answer questions, share material, and so on.

Material: See comment section below

Format: Presentation, extended Q&A, optional technical details deep-dive

Language: English

Target Audience: Suitable for curious newcomers, optional deep-dive part for developers and technically interested

Streaming/Recording: Yes

Location: Online. As a YouTube stream, or you can join via Jitsi Meet (ordinary video conferencing functionality; easier) or via Mozilla Hubs (VR environment; more possibilities of interaction) (we'll connect these platforms with each other). Both are Free and Open Source Software, non-profit, respect and preserve your privacy, don't collect any unnecessary data, don't require any login/registration, and simply run in your web browser without any downloads.

• Jitsi Meet on FreifunkMUC: https://ffmuc.net/wiki/doku.php?id=knb:meet-en
• Mozilla Hubs: https://hubs.mozilla.com/

How to find us: We'll share further instructions and the exact access links one hour before we start in the comment section below (this should also trigger a reminder mail).

Timetable:

(19:00 Announcement of the access links)

20:00 Rolling start, chime in, say hello, introduce yourself off-the-record if you want to, organizational stuff
20:15 Livestream starts, optional on-the-record introductions, start of the seminar
22:00 (roughly) Wrap-up time, Livestream ends, optional break-out sessions

About Satoshi's 21:

This is our in-depth, no-nonsense seminar series Satoshi's 21, which will take place every 21st of a month in various different locations (hackspace, co-working space, conference room, or similar), or online if circumstances so require.

We'll have one or more selected topics concerning Bitcoin's technology, security, ongoing software development, business opportunities and challenges, economics, monetary theory, or its societal and political impact. Some preparation work might be required from participants in order to make the most out of the seminar.

Satoshi's 21 stands for:

• Every 21st of a month so that weekdays rotate
• 21 participants is the targeted and ideal working group size, but we could be more, we could be fewer
• And of course: honoring Bitcoin's monetary supply of 21 hundred trillion sats!

Contact us:

• Twitter: https://twitter.com/bitcoinmuc
• Telegram: https://t.me/joinchat/CYllaksSLloRHorac85fIQ

See you around!