.bit

ChainCatcher news, the decentralized identity protocol .bit under d.id announced the completion of the RGB++ upgrade. Leveraging the isomorphic binding feature of CKB, it has become a Bitcoin layer DID asset to serve the user identity needs of the Bitcoin ecosystem. This upgrade makes .bit compatible with CKB's Spore digital object protocol at the asset level, enhancing compatibility and transaction liquidity with CKB ecosystem Dapps. The DOB asset trading market Omiga will become one of the first layer two network platforms to support .bit trading, and in the future, it will also be listed on major RGB++ trading markets.d.id completed a $13 million Series A financing in 2022, and its DID protocol .bit has nearly 100,000 registered users. In addition, d.id recently launched a new narrative direction called "Humanity Matters," helping users express their unique identity value through .bit and the achievement protocol Padge.

ChainCatcher news, the decentralized identity protocol .bit under d.id is preparing for a major technical upgrade to be compatible with the RGB++ protocol, making .bit an asset running on the Bitcoin layer. Currently, .bit already supports the resolution and binding of Bitcoin addresses, enabling the transfer of Bitcoin and RGB++ assets.RGB++ is an extension protocol based on RGB, which maps Bitcoin UTXOs to Cells on Nervos CKB through isomorphic binding, bringing Turing-complete contract extensions and performance enhancements to Bitcoin without cross-chain requirements and without compromising security.The .bit team has previously completed a $13 million Series A financing.

ChainCatcher news, the decentralized identity system .bit today announced the completion of its brand upgrade, officially renamed to d.id, and launched a new official website: d.id. The new brand is committed to utilizing DID to empower fan economy, creator economy, brand economy, gaming communities, DAO organizations, and more.To this end, d.id has launched "DID as a Service" and a series of innovative products based on DID, helping various communities to issue exclusive brand DID with one click. At the same time, d.id proposes the concept of "Barrier-Free Web3," with its products fully supporting the three principles of Seedless, Gasless, and Decentralized. In the future, d.id will further promote the construction of an open and trust-based decentralized identity (DID) ecosystem. (Source link)

ChainCatcher news, .bit launched a new feature called ".bit Alias" at the Hong Kong Web3 Festival, exploring how wallets and trading platforms can use this feature to address potential security risks in transfers for users. With this solution, users can trigger dual verification during transfers by setting a .bit Alias for their address to avoid risks such as hacking, internal manipulation, program errors, outdated data, and expired DIDs, preventing assets from being transferred to the wrong address. (Source link)