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Interpreting the underlying design mechanisms and limitations of the Runes protocol

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Author: 十四君 Source: https://mp.weixin.qq.com/s/EN8ZdiomQVUQ4WBRZ4GqKA What is Runes? In the past year, the biggest narrative in web3 has been the explosion of the inscription ecosystem, starting with Ordinals, a technology that assigns unique serial numbers to every sat on bitcoin network. Its core founder, Casey, submitted the basic version of the Runes code in September last year, but it has not been officially launched on the mainnet, so during the inscription craze in September, projects like runeAlpha forked the code in advance and independently launched protocols like RunesAlpha. Although there have been allegations of plagiarism, the market cap growth of several hundred million in just a few months also demonstrates the infinite potential of the Runes protocol. So, the official version of Runes protocol, designed by Casey, the founder of the Ordinals protocol, will also be officially announced around April 20, 2024. And it will directly go online on the btc mainnet, so projects ...

Bitcoin, Cardano, and CryptoCurrency forums on Reddit limit access, protest API changes

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Bitcoin, Cardano, and CryptoCurrency, three of the largest crypto-centric subreddits, are joining other popular forums on Reddit to protest against planned API and tools policy change s that will prevent users from freely using the interface from July 1.  Reddit API changes As of June 12, users wishing to browse the three popular subreddits must request the moderator for access as the protesting subreddits are in “private” mode.  More than 3,500 subreddits reportedly have limited access, rejecting Reddit’s new policy decision. Cardano, Bitcoin, CryptoCurrency, and other subreddits participating in the protest will limit access as part of the Reddit blackout until June 14. The response follows the decision by the social media company to change its Reddit Data application programming interface (API).  These APIs are needed by developers and moderators whenever they want to create tools and other utilities. Reddit’s move will impact how developers freely access third-party tools n...