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📈 Since its launch following Bitcoin's halving event on April 20, the new token standard Runes has accounted for over two-thirds of all Bitcoin transactions. 💼 More than 2.38 million Runes transactions have been processed, making up 68% of total Bitcoin transactions since April 20. 📊 Runes transactions peaked on April 23 with over 750,000 transactions, contributing to nearly 70% of miner fees on the halving day. 💰 However, there's debate over whether Runes will provide a sustainable revenue stream for Bitcoin miners, as there's already a gap between the number of Rune transactions and miner fees earned. 🔄 Runes, created by Casey Rodarmor, promises a more efficient way to create new tokens on the Bitcoin network compared to existing standards. ⚠️ Critics, like Nikita Zhavoronkov of Blockchair, argue that the dominance of Runes transactions is hindering Bitcoin's original vision as a peer-to-peer electronic cash system. #Megadrop #BinanceLaunchpool #ScamRiskWarning #bitcoinhalving

📈 Since its launch following Bitcoin's halving event on April 20, the new token standard Runes has accounted for over two-thirds of all Bitcoin transactions.

💼 More than 2.38 million Runes transactions have been processed, making up 68% of total Bitcoin transactions since April 20.

📊 Runes transactions peaked on April 23 with over 750,000 transactions, contributing to nearly 70% of miner fees on the halving day.

💰 However, there's debate over whether Runes will provide a sustainable revenue stream for Bitcoin miners, as there's already a gap between the number of Rune transactions and miner fees earned.

🔄 Runes, created by Casey Rodarmor, promises a more efficient way to create new tokens on the Bitcoin network compared to existing standards.

⚠️ Critics, like Nikita Zhavoronkov of Blockchair, argue that the dominance of Runes transactions is hindering Bitcoin's original vision as a peer-to-peer electronic cash system.

#Megadrop #BinanceLaunchpool #ScamRiskWarning #bitcoinhalving

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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