RUNEBTC
356 views
3 Posts
Hot
Latest
๐จ๐จ runes the next big thing in crypto ๐จ๐จ
WHAT IS RUNES HOW TO BUY AND SELL
The Runes Protocol is designed for the Bitcoin network, allowing the creation and management of various types of digital tokens.
Bitcoin Runes uses a UTXO-based protocol, where each transaction starts by picking up pieces of Bitcoin that haven't been spent yet (like digital change) and uses them to create new transactions. Tracing each Bitcoin back to its creation ensures that every coin is unique and hasn't been falsely duplicated, giving you confidence that the Bitcoin you own or accept in a transaction is genuine and truly yours.
Compared to other protocols that may rely on off-chain data or special tokens, Runes utilizes Bitcoin's native features for on-chain data storage. This allows for less of the โjunkโ UTXOs we mentioned earlier, which can bog down the network, causing transactions to be slower, more expensive and less reliable.
Specifically, Bitcoin Runesโ on-chain data storage is in the OP_RETURN part of a transaction. Picture jotting down a secret note on your Bitcoin transaction. OP_RETURN is that magic pen that lets you leave your mark without moving any actual Bitcoin. This keeps Bitcoin transactions neat and tidy because it doesn't add extra work for the network, which can affect the overall user experience.
You may also hear people talking about Runes having lightning compatibility. This means that Runes can use the Lightning Network, a separate layer on top of Bitcoin, to enable faster and cheaper transactions. This allows Runes transactions to bypass the usual delays and high fees of the Bitcoin network by using this faster, more efficient system.
where to buy - magic eden
gate io
cube exchange
coinw
coinex
okx binance and coinbase coming next you are early don't miss the chance
#Megadrop #BinanceLaunchpool #BTC๐ช๏ธ #runes #RUNEBTC
WHAT IS RUNES HOW TO BUY AND SELL
The Runes Protocol is designed for the Bitcoin network, allowing the creation and management of various types of digital tokens.
Bitcoin Runes uses a UTXO-based protocol, where each transaction starts by picking up pieces of Bitcoin that haven't been spent yet (like digital change) and uses them to create new transactions. Tracing each Bitcoin back to its creation ensures that every coin is unique and hasn't been falsely duplicated, giving you confidence that the Bitcoin you own or accept in a transaction is genuine and truly yours.
Compared to other protocols that may rely on off-chain data or special tokens, Runes utilizes Bitcoin's native features for on-chain data storage. This allows for less of the โjunkโ UTXOs we mentioned earlier, which can bog down the network, causing transactions to be slower, more expensive and less reliable.
Specifically, Bitcoin Runesโ on-chain data storage is in the OP_RETURN part of a transaction. Picture jotting down a secret note on your Bitcoin transaction. OP_RETURN is that magic pen that lets you leave your mark without moving any actual Bitcoin. This keeps Bitcoin transactions neat and tidy because it doesn't add extra work for the network, which can affect the overall user experience.
You may also hear people talking about Runes having lightning compatibility. This means that Runes can use the Lightning Network, a separate layer on top of Bitcoin, to enable faster and cheaper transactions. This allows Runes transactions to bypass the usual delays and high fees of the Bitcoin network by using this faster, more efficient system.
where to buy - magic eden
gate io
cube exchange
coinw
coinex
okx binance and coinbase coming next you are early don't miss the chance
#Megadrop #BinanceLaunchpool #BTC๐ช๏ธ #runes #RUNEBTC
Binance to Delist Six Trading Pairs: Details
In a strategic move to maintain a high-quality trading market, Binance, the world's leading cryptocurrency exchange, has announced the delisting of six spot trading pairs.ย To safeguard users and assure a high-quality trading market, Binance reviews all listed spot trading pairs regularly and may delist some spot trading pairs for a variety of reasons, including low liquidity and trading volume. According to its most recent reviews, Binance will remove and cease trading on six spot trading pairs on April 26 at 3:00 a.m. (UTC): ALPINE/BTC, FRONT/TUSD, HARD/BTC, RUNE/TUSD, SSV/TUSD and WIN/BRL. Similarly, Spot Trading Bot services for the aforementioned spot trading pairs will be discontinued on the specified date and time, as applicable. Binance users are strongly urged to update and/or terminate their Spot Trading Bots before the discontinuation of Spot Trading Bot services to avoid any losses. Delisting a spot trading pair does not affect the tokens' availability on Binance Spot. Users can continue to trade the spot trading pair's base and quote assets on Binance's other trading pairs.
#RUNEBTC #alpinebtc #frontbtc #hardbtc
#RUNEBTC #alpinebtc #frontbtc #hardbtc
MINTING IN PROGRESS ON LUMINEX.IO, now 4,9% and 10 minting in pending
Etched Yesterday, ONLY 1% PREMINE
NAME IT SEEMS REALLY DEGEN ๐
EIRIK, A RUNIC DOG FROM FAR AWAY IN THE NORDIC MOUNTAINS HAS PREPARED TO VENTURE INTO THE LORE OF RUNES.
https://x.com/EIRIKonRunes
I FEEL IT COULD BE A GREAT MEME ๐๐๐
WHAT DO YOU THINK?
COMMENT BELOW ๐
NFA; DYOR
#RUNE #MEME #RUNEBTC #BTC
Etched Yesterday, ONLY 1% PREMINE
NAME IT SEEMS REALLY DEGEN ๐
EIRIK, A RUNIC DOG FROM FAR AWAY IN THE NORDIC MOUNTAINS HAS PREPARED TO VENTURE INTO THE LORE OF RUNES.
https://x.com/EIRIKonRunes
I FEEL IT COULD BE A GREAT MEME ๐๐๐
WHAT DO YOU THINK?
COMMENT BELOW ๐
NFA; DYOR
#RUNE #MEME #RUNEBTC #BTC
