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Runes protocol benefits Bitcoin miners

By Yugocean | Crypto Today | 6 May 2024


  The Runes protocol benefits Bitcoin miners


   Runes has become popular with its launch; it is helping not only developers but also Bitcoin miners.

   It is commonly known that blockchain transaction fees go to miners; the same was true for the Bitcoin blockchain with RUNES.

 Bitcoin's halving could have also halved miners' revenue, but the Runes protocol launch did the reverse. 

   RUNES helped developers mint tokens on the Bitcoin blockchain, and bitcoin miners profited from the transaction fees as a result of the protocol's high transaction volume.



 

OTHER NEWS 

 

Crypto World in-Fighting

Cyber Capital vs SUI

Cyber Capital blames SUI

   Cyber Capital founder Justin Bons has claimed that SUI founders have staked billions in SUI and control the majority supply without any lock-in period or guarantees. Full report

SUI responds

   The SUI network, in response, claimed that the SUI Foundation is the largest holder of staked tokens and that 100% of its earned rewards are returned to the community. Full report



 

Hal Finney ignored in crypto industry

     This may be a strange news to many Bitcoin lovers, but crypto platforms completely ignored Hal Finney's 68th birthday. 

    There may not be any promotional plan for themselves, but none of those who posted useless posts to appear active on social media, even thought it appropriate to write Happy Birthday Hal. 



 

WHALE 

Dormant Bitcoin Whale Awakens

     A dormant wallet containing 687.33 BTC just awakened after over a decade.

   According to tracker Lookonchain, that whale received 687.33 BTC at the average price of $917 each on Jan 12, 2014.

 

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Yugocean
Yugocean

Judge me by my action. Personally everyone will do self praise,.


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