Interpreting the underlying design mechanisms and limitations of the Runes protocol
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 ...