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“Blueprints”/standards for constructing RGB contracts .
The way ERC* defines token standards used for integration of Ethereum contract that issues some tokens into wallets and exchanges, Schema defines a standard for RGB assets.
Schemas describe fungible assets, collectibles, digital identities etc.
Issuer defines issuance contract, but in order to be supported by wallets/exchanges it must stick to (“validate against”) particular schema.
When wallets and exchanges get information (data and contract) about some asset, they need to validate it against a specific schema, that needed to be used for creating the asset. Only if the validation against that schema is passed, they can accept the request and start working with the asset.
Wallets or exchanges will always use schema-based libraries (for example “RGB fungible assets”, “RGB collectibles”) instead of complex & universal core RGB library.
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The text was updated successfully, but these errors were encountered: