Top Posts Tagged with #runes protocol

C2 Blockchain Advances Toward 1 Billion DOG (Bitcoin) Treasury as Accumulation Continues

Holdings are custodied through Kraken and can be checked on-chain. That gives investors a public way to track the treasury as prices affect results.

➤ C2 Blockchain Inc. has increased its Bitcoin (DOG) treasury to nearly 1 billion coins, acquiring approximately 41.2 million DOG since its last disclosure. ➤ The company's DOG holdings are custodied by Kraken and publicly verifiable on the blockchain via a transparency dashboard. ➤ While the company emphasizes disciplined treasury management and transparency, it acknowledges that market price changes under U.S. GAAP accounting may impact future financial results.

#c2 blockchain #bitcoin #dog #runes protocol #treasury #kraken #on-chain #digital asset #blockchain infrastructure #us-gaap

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Bitcoin Runes Protocol and Memecoins: A Look into 2024's Crypto Landscape

2024 has been a transformative year for cryptocurrencies. The Bitcoin halving in April and the emergence of the Bitcoin Runes protocol, developed by Casey Rodarmor (the creator of the Bitcoin Ordinals protocol) has significantly influenced the landscape of memecoins. This blog explores the impact of Bitcoin Runes and the resurgence of memecoins in the crypto market.

Limitations of BRC-20 Highlighting the Urgency of Better Solution

No Smart Contract Functionality: BRC-20 lacks support for smart contracts, limiting its application scope.

Limited Interoperability: Challenges in interoperability with other blockchains and wallets.

Limited Utility: Primarily for fungible assets, less suitable for complex token features.

Network Congestion: Contributes to slower transactions and higher fees due to Bitcoin blockchain limitations.

Bitcoin Runes - An Overview

Bitcoin Runes simplifies fungible token creation on the Bitcoin blockchain without relying on Bitcoin Ordinals. Utilizing OP_RETURN and UTXO models, the Bitcoin Runes protocol enhances efficiency and reduces network load.

Advantages of Bitcoin Runes:

Simplicity: Offers a simple way for token creation and management.

Increased Efficiency: Uses OP_RETURN for efficient and secure token transactions.

Broader Use Cases: Help crate helps various tokens, including stablecoins, tokenized assets, and more.

Improved Security: Secure token creation and transaction process.

Impact of Bitcoin Runes on MemeCoin Growth

The launch of the Bitcoin Runes protocol sparked the creation of numerous cryptocurrencies, particularly Bitcoin runes memecoins, leveraging enhanced functionality and security. Factors driving this surge include accessibility, innovation, and market dynamics.

Top 5 Memecoins on the Rise with Bitcoin Runes in 2024

KangaMoon (KANG)

Doge Killer’s (LEASH)

Book of Meme (BOME)

Shiba Inu (SHIB)

Coq Inu (COQ)

Final Words

Bitcoin Runes protocol promises to enhance Bitcoin’s utility and performance. Consulting blockchain experts like Antier can provide deeper insights into Bitcoin Runes memecoins, and related protocols, navigating the evolving landscape effectively.

#blockchain #bitcoin news #memecoin #memecoins #runes protocol #crypto #web3

Runes Protocol: Everything You Need To Know!

In the early stages, Bitcoin was predominantly a payment system. However, today, new protocols have emerged to inject fun into the network, from Ordinals to BRC-20s, and now, we have the Runes protocol. Guess why Runes is the talk of the crypto town? For the very first time, Runes is bringing the degen culture to Bitcoin as it aims to allow the creation of meme coins on Bitcoin. Everything…

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#Meme coins on Bitcoin #Runes #Runes Protocol #What Is Runes Protocol?