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Runes related project updates 1. Runestone will be airdropped from this Friday to next Wednesday https://twitter.com/LeonidasNFT/status/17607916121274042382. Rune Mania Miner launches a mining speed coefficient query tool https://twitter. com/RuneManiaMiner/status/1760695287570415986 The mining dashboard is expected to be launched on its official website in early March. https://runemania.com query tutorial: https://ord.io/61927031 Enter the RMM’s inscription id in the box (the long one, not the numerical number) to query the parameters of the RMM. Original link: https://twitter.com/lilyanna_btc/status/1760857754124829094

If your wallet holds RSIC and BOOST, go check to see if there is an inscription like this! Rune Mania Miner is transferred once as soon as possible to complete the activation (it can be transferred to yourself). Similar to RSIC, you also need to start mining from the transfer. This is the first project to airdrop directly to boost for free. The response is very fast. The number of mining is determined by many factors. The rules are more complicated and will be added later. The progress bar, 3 stones and inscription ID in the picture are all there. Meaning, it affects the mining speed. First, let me remind everyone to complete the activation as soon as possible. (Some rules have not yet been revealed and are hidden in the white paper. The project team said that they can be inferred after the dashboard goes online.) It should be noted that the team has reserved 253. White paper: https://ordinals.com/content/ebe303ebe21b891866995ea96d57ff070014bf8b17447a0c5551cab51f7d6c5fi0Rune Mania Miner mining algorithm (explain the principle in the first half, and read the strategy at the end). Each miner has an initial coefficient of 1, and the basic mining quantity is 10,000 rune tokens per block. There are a series of acceleration algorithms that can increase the mining speed coefficient, thereby increasing the number of mines per block. ① Mining boost (hereinafter replaced by MB), the green progress bar at the bottom of the inscription is determined by the first two numbers of the inscription id (if there are letters, skip it until the number is found, and take the first two numbers found), The minimum MB is 15, so the range is 15-99% formula: MB/400 = coefficient bonus. For example, the number is 40, then 40/400=0.1, and the mining speed coefficient is 1+0.1=1.1② Mana Boost, shown in On the red stone to the left of the inscription, determined by the last 2 numbers of the inscription, the smallest Mana is 10%, so the range is 10%-99%. The Mana bonus will only take effect when the total Mana value of all RMMs under a single address exceeds 100%. Suppose you have an RMM of 40% Mana. You can buy a few more cards to superimpose the Mana value to above 100%. At this time, you can get a coefficient bonus of 0.2. (All RMMs under this address enjoy this bonus) ③ Block Boost, displayed on the blue stone to the right of the inscription, is determined by the last two letters of the inscription and the current block height (dynamic) Static bonus: determined by the inscription The first two letters in the id are determined (A=1, B=2...F=6). For example, ae is 15%, so the range is 11%-66%.Dynamic bonus: determined by the current block height, increasing by 1% every 100 blocks. The maximum value is 89% (this value is reached in the halving block) (static bonus + dynamic bonus)/400 = coefficient bonus of Block boost. In addition to the above 3, there are also ④Stone Boost and ⑤Runes Boost whose gameplay has not yet been revealed. Stone is the middle stone, and Rune boost is determined by the rune symbol on the middle stone. Judging from the white paper, it implies that holding two same rune symbols or holding three same rune symbols will have respective bonuses. The final number of mining in each block = 10000* (basic coefficient 1 + all bonus coefficients) How to quickly check the coefficients mentioned above? Open any RMM on ME, and you can see these parameters in Attributes in the lower right corner (you can also see these indices by clicking i in the upper right corner of the inscription, but there seems to be something wrong with the values ​​in the inscription. It seems that the number in Attributes is more accurate. , take the screenshot I took as an example, the first two letters in the inscription ID are ef, the block boost value should be 56%, but in the inscription it is 58%.) Okay, now let’s talk about the strategy, there are 5 factors in total, the bonus is Stacked, they all add up to increase mining speed. ① The Mining boost coefficient is determined by the inscription id. The higher the coefficient, the better. Just look at the Mining boost attribute in ME to check it. Or look up the inscription ID and see for yourself. ② Mana coefficient. If you want to get this 0.2 bonus, you must find a way to get 100% Mana with a single address. You can take stock of what you already have, and then go to the market to find one that can get 100% Mana with what you already have. RMM buy ③ The dynamic bonus part is the same for everyone, nothing interesting. For static bonus, just look at the Block boost static attribute in ME, or look at the first two letters of the inscription ID. The bigger the letter, the better. ff is the top level. ④ and ⑤ have not been disclosed yet, but it may be helpful to have 2 or 3 with the same rune number. For the rune number, look at the mark on the middle stone, or look at the STONE attribute in ME. After the project party launches the mining dashboard, it should be possible to calculate the algorithms of ④ and ⑤. The interpretation of the above rules is for the reference of RMM holders. I have a neutral view on this project, please make your own decision whether to purchase it. Original address: https://twitter.com/lilyanna_btc/status/1760166802259411105

RSIC is actually a mining certificate, and the thing mined is a certain token on Runes (which will be deployed in the form of fixed cap by the project team in about April and allocated to different addresses according to given rules). The airdrop rules have not been made public yet, but the airdrop has been completed. If you have not received it, you will not get it. Let’s talk about the key points first - those who have been airdropped must activate as soon as possible (forward this inscription once and it will be activated, you can transfer it to yourself or others). Those bought on the market have been activated by default and no need to operate anymore - the number of tokens mined and the holding period Positive correlation, you can get the share as long as you hold it. - Whether this project can take off in the future depends heavily on the project side's subsequent construction and whether the project side can deploy and distribute the tokens on Runes as scheduled. It is a completely centralized project. Let’s talk about the principle of this project in detail~ The elements involved -#126(Great-Grandfather Inscription): The inscription that says deploying more inscriptions is suspected to be held by Bitcoin Rocks. - RSIC factory (grandfather inscription): used to produce RSIC distribution center, currently has been entered into the Satoshi Nakamoto address (rounding is equivalent to the project party having destroyed the inscription and can no longer use it to continue to produce its sub-inscriptions). (Grandfather’s inscription also uses metaprotocol) - RSIC distribution center: used to produce RSIC. There are 10 distribution centers in total, and all of them have been entered into Satoshi Nakamoto’s address. Same as above. - RSIC: Rune Specific Inscription Circuits, which roughly means rune-specific inscription equipment, which is the NFT that everyone gets, with a total of 21,000 (10% of which has been reserved by the project) - Rune: mentioned by the project The tokens that will be allocated to everyone later (that is, the ones everyone mines) have no public names at present. They will be replaced by RS tokens for the time being (to distinguish them from rune). They will be officially launched on the main network after the Runes protocol is officially launched in block 840000. , is deployed and assigned. Interesting design: - Holding activated RSIC, you will get at least 21 RS tokens in each block, so the longer you hold it, the more token quota you will get. Even if you sell it, you will still get 21 RS tokens during the holding period. The quota will still be recorded in your wallet. - There is a symbol in the lower right corner of each RSIC inscription, which corresponds to different numbers and letters. When the last digit of the block hash value of a certain block is consistent with your RSIC symbol, you can Obtain 336 RS tokens, and at this time, the symbol in the lower right corner of the NFT will be highlighted and turn yellow.- Each rsic inscription refers to the same Javascript inscription. This inscription will grab the block hash of the latest block, analyze whether the last digit is consistent with the symbol in the lower right corner of rsic, and change the style (turn yellow) when consistent. A similar setting is used in the little owl inscription of BRC333, which recurses to the javascript inscription to realize the change of the inscription over time. - The project team will then launch a billboard to let everyone check their rs token allocation quota. You don’t have to keep staring at the NFT to see if it will change color. You can go directly to the official website to check the share and records. - There is another easter egg that has not been made public. The boost logic and rules mentioned in the white paper will be engraved on the 4703400000000 satoshi in the future. The point everyone is discussing - is this the first Rune token? Most likely not, competition will be fierce in block 840,000, and no one can guarantee that they will get the first Rune token deployment. The original text is "This is the first Rune on Bitcoin", not the first "Rune token", so there is some ambiguity here. The project team may want to express that this is the first Rune on Bitcoin, and Not the first Rune token? Anyway, this doesn’t seem to be a point that can be used for speculation. Was this project deployed by Casey? Definitely not. Not to mention that Casey is obsessed with Baldur's Gate 3 and has no time. As far as Casey's personality is concerned, it is impossible for him to start a project that is not fair mint, especially on the Runes Protocol that he has been polishing for half a year. The screenshot everyone shared said that because the project website redirected to ordinarys.com, it was deployed by casey. This inference is completely untrue. Otherwise, according to this logic, you can also buy a domain name for the music box now, and then redirect to Musk's Twitter, saying that the music box was deployed by Musk. Why activate? It is speculated that the project team is trying to remove the sleeping wallet from the denominator of the distribution ~ transfer it to yourself or to someone else once. This operation proves that the wallet is active (buying and selling is also a kind of transfer, which can also prove your activity). Is Rune token distribution on-chain? Yes, it's on the chain. There is this design in the Rune protocol. When deploying, you can choose between fixed cap and open etching (equivalent to fair mint). This project team should choose the former, fixed cap, use their own wallet to engrave them all, and then distribute them according to statistics. share, and airdrop (distribute) the corresponding RS tokens to qualified addresses.How can I check if I have received it? Go to Geniidata to connect the wallet. You can see it in the profile. If there is an NFT under the RSIC METAPROTOCOL collection, you have received it. If not, try another wallet and try again 😂 geniidata.com/ordinals/addre... Summary: - The project team is very proficient. Technology, this issuance process uses father-son inscriptions, metaprotocol fields, recursive inscriptions, Javascript inscriptions to call block data, and the deployment and distribution of the Rune protocol - the gameplay is also carefully designed, such as airdrops to high-value NFT holders, Use activation operations to filter dormant wallets, add random settings to increase attention and topicality, release and control the rhythm 3 months before the Rune protocol goes online, etc. - This project has many centralized aspects (airdrop rules, future token deployment, 10% reserved by the project team, etc.), which may become a point of fud in the future. - This may be a relatively less decentralized solution in the Rune protocol where fixed cap projects are issued tokens and then airdropped. It is also easily accepted by the community, so imitation disks should be on the way. . Original address: https://x.com/lilyanna_btc/status/1749639096853745957?s=46&t=p0hoyiqSOOv2rWVLPazEag