After the inscription exploded, the rune came! are you ready?
After the popularity of Inscriptions, the arrival of Runes is the icing on the cake, making the bull market even stronger!
With the commotion of this inscription, big benefits have also appeared one after another! Next, I will tell you an even bigger benefit!
Here I will briefly introduce to you what runes are!
What are runes? Are the runes the paid version of the inscription? The runes are the ICO board inscriptions! My understanding is that runes are a kind of mint behavior that evenly distributes the number of sheets or pieces in a fixed block, which is called runes. Runes are launched more fairly and justly, eliminating scripts. You can use scripts and hand rubbing, and there is not much difference.
Let’s first talk about what inscriptions and runes are. To put it simply, it means writing text that conforms to certain rules in the notes of the blockchain transfer record. These rules will include the issuance code and the issuance quantity and other non-tamperable content. It is very close to NFT. The previous NFT was issued by the project party or an organization. The main concept was that it had appreciation value or collection value. It had no direct practical value, but the people with such demand were often in the minority. , so it is difficult to sustain, and if inscriptions and runes are understood as decentralized points or coupons, they have certain practical value, and the more essential difference is that this thing can be issued by everyone, allowing retail investors to Once they have the right to mint coins, the project team also gets rid of the burden of issuing coins to cut off leeks, although most project teams are also cut off by other forces. In the field of web3, there are mainly three forces at play: project parties, exchanges and users.
From the perspective of interests, these three are an impossible triangle. In the past, centralized exchanges basically took all, with a few project parties and a very small number of KOLs profiting, and also taking some risks. This time the inscription may become a win-win situation for the project parties and retail investors, further disrupting the interests of centralized exchanges and allowing them to develop in the direction of decentralized wallet tools. For technical specifications, please refer to this article! The runes have better optimized technical logic, mechanism upgrades, etc. It is more in line with market demand, allowing more people to truly participate in the Web3 world! Let’s create a better future together!
Binance Chain’s first rune burn double burning mechanism is more in line with the optimal financial reform.It will completely detonate the entire B circle!
