明天晚上20点准备开一个Space，好久没开了，社区成员建议开一开甚至定期开，我努力满足大家要求 RGB茶话会（01）：关于RGB，你想要知道的都在这里 🔴自由麦性质，但限于RGB相关话题 🟢RGB协议的技术、发展、进度、动态等都可以聊，有相关问题也可以自由提问 🔵有兴趣的可以边喝茶边参与 twitter.com/i/spaces/1PKqrrq… #BTC #RGB

It is with a heavy heart that we announce we are winding down the Botanix network. This decision is the hardest one we have made in four years, and we want to share the reasoning openly because the people who backed us, built with us, and used what we shipped deserve more than a quiet shutdown notice. First off, an immediate practical consideration for the Botanix community: please withdraw your Bitcoin and other assets before July 9th, 2026. When we started in 2022, the pitch was simple enough to say in a sentence: bring real utility to Bitcoin. What that actually meant in practice, and what we have spent nearly four years building toward, was more ambitious than that sentence made it sound. We were trying to build a Bitcoin-based blockchain that could find genuine product-market fit as a platform for Bitcoin applications, without using token incentives to drive growth, manufacture users, or simulate utility. Almost every chain that has launched in the last cycle has reached for the same playbook (issue a token without PMF, engineer the incentive surface, point at the resulting metrics), and we did not believe this route is a viable strategy in the long term. We wanted to know whether a Bitcoin chain could earn its users on the strength of what was built on top of it, the value it brings in the market with Bitcoin itself as the only meaningful economic primitive in the system. And we built it. The Spiderchain went live and stayed live, a year of mainnet operation with one hundred percent uptime and zero security incidents on a genuinely novel cryptographic architecture. We built Dynafed, a dynamic federation that turned the Spiderchain from a static multisig set into a rotating, decentralized one, the technical milestone that most people in this space said could not be built on Bitcoin without compromising trust assumptions. Twenty-five million transactions, two hundred thousand wallets, and tens of millions of dollars in assets moved across the chain, every single number of that earned organically without a token, without airdrops, without points programs, or any of the manufactured-demand machinery. Chainlink, Morpho, GMX, Dolomite, Fireblocks, Alchemy, Galaxy, OKX Wallet, all integrated. We shipped a Bitcoin neobank with BINK on iOS and Android, with self-custodial email login for Bitcoin (something that had never existed before), native Bitcoin yield, and the lowest borrowing rates against Bitcoin anywhere in the world, all of it downstream of owning the infrastructure. The point of saying this is not to argue with our own conclusion. The protocol works, the product works, and our team and ecosystem worked in concert to do exceptional work. We have run this experiment in earnest, with a working protocol, real applications, and a serious team, for over a year on mainnet and nearly four years in total. The honest answer we have arrived at, after living inside it every day, is that it did not work, at least not in this market and not on this timeline. We want to share what we think we learned, with the caveat that some of this is conviction and some of this is still suspicion, and we would rather be transparent about the difference than pretend to have clarity we do not have. The first thing I've had to sit with is timing. Bitcoin utility, making Bitcoin programmable, productive, and integrated into real financial activity, isn't where the real world users sit right now. The conversation is still on Bitcoin as a reserve asset, on its monetary and political positioning, on base-layer conservatism. Those questions are upstream of the ones a Bitcoin L2 needs people to be asking. I still believe Bitcoin gets there, but belief in the destination is not the same as being able to predict when, and nobody can. It's also possible the destination never materialises at all, and that Bitcoin's role as a reserve asset is simply where it settles. If that's true, there will never be a market for what we were building, and no amount of time or capital would change that. The second is the token question. We intended to eventually launch a token. We saw it, and still see it, as a genuinely new form of equity, something closer to an IPO than an airdrop, to be done when you reach product market fit and the moment is right. That moment never came. What became clear over the last year is that the market largely stopped rewarding even the more considered versions of that playbook. Token launches across the board have broadly underperformed, and those that did go to market with tokens haven't seen the outcomes or PMF that the model is supposed to produce. The third lesson is about where DeFi demand on Bitcoin actually lives. For most use cases that exist today, lending, yield, leveraged exposure, WBTC on a mature general-purpose L2 is genuinely sufficient. Users have voted with their behaviour, and the verdict is that the trust assumptions of a wrapped representation on Ethereum are acceptable to almost everyone who wants Bitcoin-denominated DeFi. Decentralisation matters to people in principle and in conversation; in practice, when something cheaper and easier is in front of them, they use it. The security case for a dedicated Bitcoin L2 is real, but it only matters for a narrower band of applications than our thesis required, one of the clearer lessons this market has taught us. The fourth lesson is structural. The on-chain economy is consolidating around venues that own the user relationship: Hyperliquid, Robinhood, the major CEXes, and now TradFi participants absorbing an ever-larger share of attention, flow, and revenue. Convenience and institutional credibility win, every time, as soon as they're available. As retail participation thins, that concentration only deepens. We were, and still are, believers in decentralisation, but the current direction of on-chain growth is running through distribution, and any team building base-layer infrastructure today is rowing upstream against that current. We were no exception. The fifth lesson is the most concrete. Both of the above played out directly in our economics. The users we attracted were primarily using Bitcoin as a store of value for yield, a legitimate use case, but not the high-frequency transaction volume that drives fee revenue on a network like ours. BINK was our answer to that: a Bitcoin neobank designed to bring daily usage of BTC and stablecoins on-chain, driving the transaction volume the network needed. It was the right strategic instinct, and one we never got the chance to fully test. BINK only landed on both app stores in the last few weeks, a product that by its nature could only be built once the underlying infrastructure was proven and live. When users choose the convenient option and economic gravity pulls toward distribution, what's left on a decentralised infrastructure layer is a user base that costs more to serve than it generates. Infrastructure costs are what they are, and the fee income never came close to covering them. If you would like to see how we were imagining a Bitcoin future and what we have been working on since September, feel free to download BINK and give it a spin: it’s a full-fledged self-custodial Bitcoin Neobank with email login, one click borrowing, a Lightning integration and more. App store: apps.apple.com/us/app/bink-b… Play store: play.google.com/store/apps/d… This UX is where we think Bitcoin is ultimately heading towards although it feels too early. You can use invite code 1SD31R, but remember to remove your funds by July 9th. We could keep going. We have chosen not to, however, because continuing past the point where additional time stops producing additional learning is not conviction, it is something that looks like conviction from the outside while corroding into something else on the inside. We would rather stop now, with integrity intact and resources available to take care of the people who took a chance on us, than push the experiment past the point where it still has something to teach us. Reminder: Please withdraw all your assets by July 9th. After this, the federation will sweep the remaining Bitcoin. Any other assets or tokens on the network from then onwards will unfortunately be unrecoverable. After this, the federation will sweep the remaining Bitcoin. Any other assets or tokens on the network from then onwards will unfortunately be unrecoverable. To our investors, who backed a thesis that was harder to defend than it should have been, to our partners who built alongside us and bet pieces of their own roadmaps on ours, to the developers who deployed on Spiderchain, to our users and the BINK community who showed up for something experimental and stayed, and most of all to the Botanix team who shipped a genuinely novel system with rigour and care and who made every hard day worth the difficulty: Thank you, more than the words available here can carry.

不知不觉， $RGB 突破了新高 我觉得这也是必然的事情，因为 #RGB 协议有太多的优点可以说、值得说，我也说了很多次了 早期阶段，大幅度的涨涨跌跌都是正常事情 1. 看好的可以保持关注或者保持持仓 2. 觉得有些fomo了的建议适当的落袋为安，浮盈不是盈 3. 不看好的如果有货可以出掉，不然持仓体验差了反而耗散自己的精力 未来的RLN测试，我在构想在社区进行一个大型的测试活动，助力RLN的大规模测试通过（为什么我这么强调大规模测试，因为对于RGB这种复杂协议，没有经历过这样水准测试的产品很难值得信任）

塞了一点，有像我一样对这个卡牌赛道感兴趣但是不知道如何入手的，我感觉这个方式挺好。 68张足球的1/1卡分成了30000份，参与这个项目像极了买入了足球卡的ETF! 在世界杯之前买入，总感觉不会亏的样子。

塞了一点，有像我一样对这个卡牌赛道感兴趣但是不知道如何入手的，我感觉这个方式挺好。 68张足球的1/1卡分成了30000份，参与这个项目像极了买入了足球卡的ETF! 在世界杯之前买入，总感觉不会亏的样子。

Terminal Program has concluded. We've finalized points and are getting ready to distribute rewards to the community. Wallet Delegation is now live. You can visit terminal.megaeth.com to check your eligibility. Before June 10th, you must: 1. Select a wallet to receive your rewards 2. Subscribe with your email for the latest updates & reward releases After June 10th, all profile changes and wallet selections will be locked.

🧪 Join the Invitation Test — test.rgbs.fun and Stash Node Early Access is Now Open Want early access? Here's how to qualify 👇 1/4 📋 Eligibility ✅ Follow the official @rgbstashlabs X account ✅ Actively participate in discussions related to this post ✅ Share this post & engage in related threads Selected users will receive early testing access before public launch. ⏳ Campaign ends: May 29, 2026 2/4 📬 What happens after the event? We will invite 5–10 selected users into our private Telegram community. 🎁 Every user who joins the Telegram group will receive a thank-you incentive of 300 in $RGB > ⚠️ Note: This is a historical thank-you incentive, not a testnet reward. As of this campaign, we have distributed a total of 6,900 $RGB to the community. 3/4 🎟️ Testnet Reward System — Ticket-Based We've launched a complete Ticket system for testnet rewards: → Submit feedback & report issues via test.rgbs.fun → All accepted feedback is permanently recorded on Stash Network → Anti-bot mechanism to ensure fair participation for everyone No engineering shortcuts. Real users, real rewards. 4/4 💬 Thank you for your support and belief in what we're building. The future of Bitcoin assets starts here.