So where should we go to get rich in the web3 industry? For example, last year, I stepped on the inscription Ordi and got a Paramela with a 10,000-fold increase. May I ask where it is this year? The answer lies in today's article. It is the ruses rune protocol. It will come out at the end of April. Then we will start playing runes again. It will be in full swing at that time. Brothers, this time it may be really awesome. is coming
So what is this rune? Hey, how do we make money from this? First, let’s talk about what the rune protocol called runes is. We have heard a lot about this inscription protocol before, such as ordials. So why did a rune protocol pop up today? What is this? Let’s do some popular science first. What is the runes protocol? To put it simply, this protocol was first proposed and developed by Casey, the founder of the ordials protocol built on the Bitcoin mainnet. It is a token protocol at the same level as B2C 20, both of which issue token assets on the Bitcoin mainnet. , but one is issuing inscriptions, and the other is issuing runes, which sounds like twin brothers. However, in the new era, the waves behind the Yangtze River push the waves ahead. Only by continuous innovation in the ever-changing web 3 can we create new wealth hot spots. Although we used this BRC20 very well before, it has two obvious shortcomings. The first one is inefficiency. When performing basic operations, it is too cumbersome and will hinder new users. For example, if we normally transfer an account, we must first generate a transfer inscription, and then transfer the balance. No trouble. The second disadvantage is the expansion of UTXO, which will leave a lot of garbage on the Bitcoin network. UTXO will increase the burden on the main network. So what is this UTXO? It is referred to as unspent transaction output. It is the accounting model of Bitcoin. In order to solve these two problems, Casey created the ordinals protocol at the beginning. It was originally for art and NFT to be uploaded to the Bitcoin chain. Later, Someone else has developed a B2C 20 token protocol in the ordinals protocol. This has caused a surge in the transaction volume of the entire network. What are you doing with this angry comment from Casey? Stop making garbage. You have blocked our Bitcoin network. You are scolding us here, but you have to know that the protocol is open source, so there is no way to stop it.
Later, Casey himself also figured out that gamblers need a casino, so on September 26, 2023, Casey proposed a potential alternative to B2C 20, which is the runes protocol I am going to talk about today. It will be more friendly to new users by adopting a utxo-based system, and it will be more consistent with the original structure of Bitcoin. How do you bet? Don’t you like speculating in junk coins? Hey, then we will specialize in developing a better and more optimized token protocol. Go and play with it yourself, don’t clog our Bitcoin network.
In the big family of ordinals. brc20 is a wild son. In the outside world, runes is his biological son. Moreover, this protocol has been optimized on the basis of brc20. Runes has made up for the shortcomings, has better academic performance, and is his biological son. It is simply A rising star that everyone is looking for.
Well, none of the above is important. Brothers, the only important thing is to know the first two points. The runes protocol will be online as soon as April, and runes will begin. The second point is that our goal is to find the leader of the runes protocol. Get on the bus and sit tight and the impact will be 100 times. As the saying goes, if you are impatient, you can’t eat hot tofu. Let’s first talk about the runes runes and the inscription of B2C 20. It's called engraving. What is this rune called? It's called etching. The name of each rune is uniquely composed of uppercase English letters and black dot symbols. In order to avoid the overheating of the rune market and the miners and scientists jumping in, Casey has long established three rules. One is the length of the token name. All token names in the runes protocol must be 12 digits or longer at the longest and minimum. In the future, the length can be reduced by one digit every four months. By 2028, the length of the token name will be 12 digits or longer. When the coin is halved again, a rune of one character will be created, and the second one will be tokens zero to nine of the first 10 tokens. Casey will be written into the runes protocol in advance to allow users across the entire network to mint fairly. There is no such thing as a dog farm. It will be the same no matter who comes, and they will all collect gas fees and grab mint with us.
The third one is the distribution method, and there are only two here. The first type is called pre-mining in advance. For example, after the project team has deployed, it will first mine 20%, and then ask the entire network community to mine the remaining 80%. The second one is also a fair launch. Gouzhuang and retail investors work together to fight for gas and grab chips. It is fair and just. In short, this runes agreement? Casey still has some brains. It is not difficult to see that he wants this runes. To live long and live well, based on this rule, the most important thing for us is to keep an eye on the No. 0 token. After all, it is very likely to become the leader of the runes protocol. Its scarcity is obvious to all.
Let’s talk about this money-making opportunity next. In fact, the money-making opportunities have already been discussed. Did everyone get it?
Isn't this the opportunity to make money overnight and change your life? Isn’t it clear that there are three main ways for retail investors to participate? The first is to play runes. In late April, keep an eye on Casey’s Twitter 24 hours a day. If there is any trouble, just start fighting. Programmers who know technical skills, then you Just build your own Bitcoin node. Retail investors without foundation can use some proxy trading platforms. As for whether to use this unisat wallet or another wallet, we will see at that time.
The second one is to open a position and directly buy the No. 0 token. It is estimated that it will be completely beaten within five hours. It should be difficult for retail investors to fight in this wave, so the only way is to go to the specialized trading market to scan for goods in the secondary market. So what is our price standard for scanning goods? I think that as long as the initial market value is less than 100 million US dollars, you can scan a little bit of it first. After all, new things should be launched first and then studied. The third one is to discover Long Er. The ordials protocol was not only popular at the time but Ordi, and later Long 2sats was also very popular, so Long Er who wanted to find the runes protocol could also catch the last train. At that time, you can observe which rune has a stronger offensive, has more currency-holding addresses, can cause trouble, and can pull the market. Then this kind of rune is a potential stock with the potential of Long Er. Is the strategy clear enough?
