Maybe you should learn about the Bitcoin Methane Protocol (Alkanes) ✅
Methane Protocol 💥
is a new Bitcoin asset protocol where "METHANE" is its first fairly minted token.
Alkanes is a new Bitcoin asset protocol. Overall, it draws on the "Runestone" structure of the Rune Protocol, but offers greater scalability and supports smart contracts.
In simple terms, the Rune Protocol and the "Runestone" structure are like a closed iOS, while Protorunes and Alkanes are like open-source Android.
METHANE:
As the first fairly minted token of the Alkanes protocol, METHANE's market cap has already exceeded $6 million, with each token valued at over $60.
Fair Minting:
METHANE is fairly minted, meaning anyone can participate in minting without having to pay special miner fees, which is different from the DIESEL token that is minted through high miner fees, making it harder for ordinary players to obtain.
Other Tokens:
In addition to METHANE, Alkanes also includes BUTANE and HEXANE, but currently, the market caps of these two tokens are relatively small, around $250,000.
DIESEL:
DIESEL is the first deployed token of the Alkanes protocol, but the minting mechanism of DIESEL is more special and is associated with each Bitcoin block, thus minting DIESEL requires paying higher miner fees.
Community:
METHANE has a greater presence in the community than DIESEL because it features fair minting, making it easier for ordinary players to hold, and the distribution of holders' chips is also healthier.
Summary:
The Bitcoin Methane Protocol (Alkanes) is a protocol aimed at bringing new assets to the Bitcoin ecosystem, where the METHANE token is in high demand due to its fair minting feature and has a higher presence in the community.
