TL;DR
Full Story
Strap in and hold tight, cause we’re about to take the first train directly to Nerd Town.
You’ve probably heard of Ordinals (we’ve written about it a bunch of times).
Ordinals uses the token standard, BRC-20 which just sounds like a bunch of letters and numbers – and it is – but they’re important letters and numbers because they meant that data could be hosted on the Bitcoin network (which many refer to as ‘BTC NFTs’).
Now there’s a new player in town, and they go by the name of ‘Rune.’
To explain how Runes can be more efficient than the BRC-20 standard, we need to explain ‘Unspent Transaction Outputs’ (UTXO’s).
Imagine Seb wanted to send Chevy 5.10 BTC.
Chevy may first ask: “5.1 BTC?? Did you rob a bank Seb??”
After clarifying that he didn’t rob a bank, but he did receive an inheritance, Seb would transfer 5.2BTC because in Seb’s wallet there was 5BTC and 0.2BTC (see the header pic or watch this video for a better understanding).
The ‘change’ Seb receives (0.1BTC minus any fees) would become the UTXO.
And after you’ve done a few trades, you’ll start to get a whooole lot of UTXO’s, each increasing the cost of a transaction, and increasing congestion on the Bitcoin network when being used for trades.
The team behind Runes has come up with a way to solve for that by essentially letting people combine UTXO’s and using a Rune of the exact value looking to be traded instead.
It’s complicated stuff, and we’ll definitely be writing about this again to further explain the use cases for Runes (like the ability to issue fungible tokens like security tokens, stablecoins, and governance tokens, on the Bitcoin blockchain.
For now, we hope you survived, and are ready to get back to the day.
All aboard! 🫡
cost clomiphene prices where can i get clomiphene pill buy cheap clomiphene without prescription get clomid without rx how to get cheap clomid without prescription where buy generic clomiphene tablets can i buy clomid tablets
Good blog you procure here.. It’s intricate to assign high status writing like yours these days. I truly comprehend individuals like you! Go through vigilance!!
With thanks. Loads of expertise!
buy cheap generic rybelsus – cyproheptadine online order brand cyproheptadine 4 mg
purchase domperidone generic – order motilium pills cyclobenzaprine over the counter
buy augmentin 625mg generic – https://atbioinfo.com/ how to buy acillin
purchase nexium for sale – anexamate.com buy nexium sale
order warfarin 2mg generic – https://coumamide.com/ purchase hyzaar without prescription
buy mobic without prescription – mobo sin meloxicam 15mg ca
deltasone buy online – https://apreplson.com/ buy prednisone 40mg without prescription
free samples of ed pills – buy ed meds online cheap erectile dysfunction
amoxicillin over the counter – amoxicillin pills amoxil medication
diflucan 100mg without prescription – flucoan buy generic fluconazole 100mg
order lexapro 20mg sale – escitalopram 10mg without prescription oral lexapro 20mg
cenforce 100mg price – cenforce drug order cenforce 50mg online
non prescription cialis – https://ciltadgn.com/ where to buy generic cialis ?
can you purchase tadalafil in the us – cost of cialis for daily use what are the side effects of cialis
oral zantac – cheap ranitidine 300mg buy zantac online
sildenafil 50mg online – https://strongvpls.com/# buy viagra soho
This is a keynote which is near to my callousness… Myriad thanks! Quite where can I lay one’s hands on the connection details an eye to questions? https://gnolvade.com/es/comprar-kamagra-generico/
The thoroughness in this section is noteworthy. https://buyfastonl.com/amoxicillin.html
I’ll certainly bring to skim more. https://ursxdol.com/ventolin-albuterol/
The vividness in this piece is exceptional. https://prohnrg.com/product/omeprazole-20-mg/
Palatable blog you be undergoing here.. It’s obdurate to find strong calibre script like yours these days. I honestly appreciate individuals like you! Take vigilance!! site