
TLS108: Maxim Orlovsky on Building RGB, Standards for BTC & LN, and Smart Contracts on Bitcoin
The Kevin Rooke Show
00:00
The Future of Smart Contracts in Bitcoin
I'm not sure people will do all the forms of scams that they just can't invent. Even without RGB we have this craziness of ordinals and inscriptions, which is 99999% scam. The way RGB works, it makes this contracts digital and at least provable. In many cases it requires certain form of arbitrage like you define a third-party arbiter because when the contract is broken, there is no way how you can enforce it. But even with this centralization, having a digital form of smart contracts which is scalable and confidential based on better rights instruments, that is a huge win for the future. It's basically a legal system and creates a foundation to build
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