#比特币减半

After the halving, what is the next narrative?

Panda Research Report No. 18: Runes, from initial acquaintance to preparation, just read this article.

Today we are going to talk about Runes, a new protocol based on Bitcoin. The Rune Protocol is about to be launched. Here are some key points about Runes for those who don’t know much about it:

1. Quickly understand the characteristics of the Rune Protocol /glimpse

📌Main features of Runes:

Purpose: Issue non-fungible tokens (NFTs).

Creator: @rodarmor, who is a key figure in the development of ordinarys.

Model: Based on UTXO, efficient, fast and low-cost.

Design: Simple, only involves the entry and exit of BTC blocks.

Lightning Network compatibility: Supported, more closely integrated with Bitcoin.

Error: Not allowed.

Open minting: Allowed, each rune can be publicly minted.

🚀Advantages of Runes:

Increase in users: Allows the issuance of multiple tokens, attracting more users, and enjoying fast and low-cost transactions.

Increased income: As interactions increase, transaction fees rise, incentivizing miners to protect the network.

Technological innovation: Encourage developers to innovate and bring an unprecedented Bitcoin blockchain experience.

Effective token issuance: Improve the existing token protocol, reduce negative impacts, and design better than the BRC-20 standard.

🔍 The future of Rune:

Direct transactions: Plan to achieve direct transactions between users in the future and reduce dependence on centralized exchanges.

Solve the RBF problem: Reduce the replacement fee (RBF) problem through direct transactions.

Layer 2 network bridge: It is expected that after the approval of the OP_CAT Bitcoin Improvement Proposal (BIP), Rune tokens will be able to bridge to the Layer 2 network.

The goal of Rune: Help Bitcoin achieve widespread adoption while providing a stable and secure public blockchain platform for developers and users.

I am Panda Superman @reborn_1337. It is not easy to organize. Your likes, reposts and attention are my motivation to move forward. In addition, you can also add me kirinzhang2001 to join the free discussion group. There are also paid small groups to provide one-on-one project consultation and more alpha sharing.