GM, beautiful people! 🌞
As I sip this cup of delicious green tea, I’m excited to share a summary of experience testing the latest RGB version 11 integration into BitMask and experimenting with the DIBA marketplace.
Today, we released a new BitMask package (dist) for our dedicated alpha testers who have helped identify countless errors over the past 2 weeks. I’m thrilled to announce that this version is significantly more stable than the previous ones. I can’t wait for you, our lovely alpha testers, to dig in and enjoy the progress we’ve made so far.
For the General Community: What Are We Testing?
This test focuses on running the core functions of RGB21 — Bitcoin Native Turing Complete smart contracts in the wallet and the marketplace in readiness for launch.
- Setting up the wallet and funding RGB vault
- Connecting the wallet to the marketplace
- Minting UDAs
- BTC <> RGB21 Atomic-swaps for buying and selling of Unique Digital Assets (UDA).
Setting up the wallet and funding RGB vault
Instead of creating a fresh wallet, I’ve imported an older wallet with all my signet test assets in place. It was a smooth process. In case you need to create a new wallet and fund the vault, grab signet sats here.
Connecting the Wallet to the Marketplace
After making an account, you’ll need to connect the extension to the marketplace. I reconnected my wallet to the marketplace test environment on staging.diba.io
Minting UDAs
This is the fun part. BitMask wallet and DIBA marketplace allows you to mint different kinds of UDAs and RWA (Real World Assets) natively on bitcoin without spamming the network or causing spikes or fee pressure on mempool.
We have Three types of minting UDAs, two of which are currently being tested.
- Unlisted Mint: Your UDA goes directly to your BitMask wallet and is not listed in the marketplace for traders.
- Fixed Price: Your UDA is minted and listed in the marketplace, allowing anyone worldwide to buy it instantly via atomic swaps with public confirmation on mempool.
- Auction: Various order book and bids implementations with instant atomic swaps are being developed.
BitMask wallet and the DIBA marketplace allows you to play music, movies and experience all kinds of immersive arts and games. It’s truly a testament to the Bitcoin Renaissance age.
Atomic Swaps for Buying and Selling UDAs.
After Working with RGB for over three years, achieving this milestone feels like utopia. I’m thrilled to share that buying and selling using atomic swaps has become a reality.
Trustless, pseudo-confidential economic activity is being revolutionized before your very eyes. One of the most exciting aspects is that we can meet the core needs of high-quality art collectors and artists — privacy or confidentiality of art and art transactions without breaking any international or local laws.
Below is the mempool link to my atomic swap test. https://mutinynet.com/tx/6d575107bd91eb0033426f99e2eaf4b51f8c2554132648fe17ffbbaa5914c9ae
Atomic swaps are not yet very stable . However, we will be working on stabilizing them this week and the next with your test support. My dear friends, with this, the world is our oyster!
In conclusion, we are closer than ever before and it warms my heart that the community has unwavering support and excitement for our work over the past 3 years.
Thank you and Ciao!
Gideon — CEO (BitMask & DIBA)
