Bitcoin Magazine
RGB v0.11.1 Launches, Allowing The Creation Of Digital Assets on Bitcoin Mainnet
RGB v0.11.1 has been released on the Bitcoin mainnet, enabling the issuance and management of digital assets such as stablecoins, NFTs, and tokens directly on Bitcoin and the Lightning Network.
RGB is a smart contract and tokenization protocol that uses client-side validation to confirm transactions without intermediaries. It operates without trusted third parties, validators, or federations. Assets are anchored to Bitcoin but validated off-chain to maintain scalability and privacy.
“RGB’s launch isn’t just a technical milestone — it’s a turning point,” said Viktor Ihnatiuk, Co-Founder of Boosty Labs and the RGB Association. “With RGB’s programmability and privacy combined with Lightning’s scalability, and in the context of a renewed Bitcoin bull cycle, the industry may finally realize we no longer need Ethereum, Solana, or any other chain to build meaningful decentralized products. We now have everything — and it’s on Bitcoin.”
“With RGB now live on Bitcoin mainnet, the tooling around native, programmable assets is finally real,” said the Founder of Bitmask & RGB Protocol Association Gideon Nwzem. “We’ve gone from prototypes to actual products – Bitmask now supports RGB20, and it’s just the beginning. This unlocks a new era for tokenized Bitcoin real-world assets and the migration of the global financial system to the Bitcoin Standard.”
With this release, users can create, send, and receive assets on Bitcoin, use programmable contracts, and transfer tokens over Lightning with low fees. The update also supports asset issuance and trading entirely within the Bitcoin system.
“The power of RGB on Bitcoin is unlocked by Lightning Network. Lnfi unlocks DeFi for multi-asset Lightning, providing the performant, scalable settlement layer required for serious financial applications, high-volume trading, asset management, and stablecoin liquidity,” stated the Founder of LNFI & RGB Protocol Association Darius. “We’re building the foundational infrastructure so projects can deploy powerful RGB applications from day one.”
The RGB Protocol Association was officially announced on July 14, as a collaborative effort by key players developing the protocol, including Bitfinex, Fulgur Ventures, Bitmask by DIBA, Plan B Network, Boosty Labs, Kaleidoswap, ThunderStack, Bitcoin Tribe, and LNFI.
So far, multiple companies built on top of RBG have already launched, including:
- LNFI Network, providing infrastructure for issuing and trading RGB assets.
- Bitcoin Tribe, offering an app for sending, receiving, and managing RGB tokens.
- Bitmask, supporting RGB20 and RGB21 tokens and will enable scriptless atomic swaps on July 21.
- ThunderStack, who released ThunderLink, an API for RGB asset transfers.
- Iris Wallet, a wallet supporting local management of RGB assets and Bitcoin.
“This release marks a big step forward not just for RGB but for how people interact with assets on Bitcoin,” mentioned the Founder of Bitcoin Tribe & RGB Protocol Association Anant Tapadia. “With Bitcoin Tribe, you can issue, send, and manage assets freely, all while staying in control. And with Holepunch powering peer-to-peer communication, we’re building more than a wallet, we’re building a real community layer for Bitcoin. It’s just the beginning.”
This post RGB v0.11.1 Launches, Allowing The Creation Of Digital Assets on Bitcoin Mainnet first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.
