Why Bihelix

BiHelix is a Bitcoin application framework layer based on the Lightning Network and the RGB protocol, providing a Turing-complete smart contract ecosystem network with unlimited scalability. It aims to create a more convenient platform for developers to expand Bitcoin's application scenarios and address the scalability and Turing incompleteness challenges faced by the Bitcoin blockchain. It has received investments from well-known institutions such as UTXO, Waterdrip Capital, Satoshi Lab, LK Venture, and Candaq Fintech Group.

BiHelix has launched a wallet SDK interface and completed integration with the TokenPocket wallet. Additionally, the development work for integrating Lightning Network into BiHelix nodes has been completed, allowing users to manage their RGB20 assets through Lightning Network channels. The functionality for transferring RGB20 assets over the Lightning Network is currently in the grayscale testing phase and will be launched soon. At that time, an entry point will be opened under the BiHelix network in the TP wallet, and other wallet providers will subsequently integrate related Lightning Network APIs, allowing users to experience Lightning Network transactions with 0 BTC miner fees and nearly zero latency.

This is a significant milestone, as BiHelix is currently the only project that has successfully integrated the RGB protocol with the Lightning Network, bringing the Bitcoin ecosystem into an era of super smart contracts: with current performance at 40 million TPS, no need for BTC cross-chain transactions, and almost 0 BTC miner fees.

Over the past 15 years, Bitcoin has undergone multiple technical upgrades and improvements, including reduced transaction confirmation times, discussions on scaling solutions, and enhanced privacy protection. Current explorations in scaling include state channels like the Lightning Network, the scaling protocol RGB, and other solutions. Achieving scaling on Bitcoin, which is non-Turing complete, is gradually seeing the light of day.

As Bitcoin is considered the most orthodox and decentralized public chain with the fairest asset issuance, more and more developers are beginning to build within the Bitcoin ecosystem. With the widespread adoption of the Lightning Network, the Bitcoin ecosystem is expected to reach a singularity moment, leading to the emergence of more applications and ushering in a new wave of explosive growth.