atlas21 on Nostr: BITCOIN - ThunderStack, a company specializing in RGB & Lightning Network ...
BITCOIN - ThunderStack, a company specializing in RGB & Lightning Network infrastructure, has secured a funding round from various industry players, including Tether Investments, Fulgur Ventures, and Astroid Venture Studio. The investment amount has not been disclosed.
The funding will be used to develop infrastructure for RGB, a protocol on Bitcoin that leverages the Lightning Network. RGB enables the implementation of smart contracts, stablecoins, and tokens while maintaining high levels of privacy and security.
A distinctive feature of RGB is its use of the client-side validation model, as explained by Renat Skitsan, CEO of ThunderStack:
“RGB enables Bitcoin-native, Turing-complete smart contracts with even better privacy than Bitcoin itself, all without altering the protocol or requiring a hard fork.”
https://atlas21.com/fulgur-ventures-and-tether-invest-in-a-company-dedicated-to-rgb-development/
The funding will be used to develop infrastructure for RGB, a protocol on Bitcoin that leverages the Lightning Network. RGB enables the implementation of smart contracts, stablecoins, and tokens while maintaining high levels of privacy and security.
A distinctive feature of RGB is its use of the client-side validation model, as explained by Renat Skitsan, CEO of ThunderStack:
“RGB enables Bitcoin-native, Turing-complete smart contracts with even better privacy than Bitcoin itself, all without altering the protocol or requiring a hard fork.”
https://atlas21.com/fulgur-ventures-and-tether-invest-in-a-company-dedicated-to-rgb-development/