ALKANES are a programmable version of runes -- fully materialized.
You can trade them via AMM.
You can use them as collateral to borrow.
You can stake them.
A more modern DeFi, all on Bitcoin L1.
Check out the Discord and come talk shop! (In comments)
Messing around with synthetic Bitcoin for the @bc1SUBFROST project --
It is possible to implement Zcash-like privacy features on Bitcoin L1 via the metaprotocol layer, on ALKANES.
Is anyone building something like this as a metaprotocol asset?
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In revision, we've settled on a scheme for PROTORUNES which has better compatibility with runes.
We can now swap protorunes back to runes, atomically, using familiar PSBT-based marketplaces 🐎.
This makes use of the shared space our assets occupy on Bitcoin L1.
Happy to support OP_HACK001 @oylwallet@SandshrewRPC - Come hack on Bitcoin, Proto-Runes, and more.
I highly recommend any developer building on Bitcoin sign up for this Hackathon. It will be both virtual and IRL @TheBitcoinConf Nashville.
Happy to support OP_HACK001 @oylwallet@SandshrewRPC - Come hack on Bitcoin, Proto-Runes, and more.
I highly recommend any developer building on Bitcoin sign up for this Hackathon. It will be both virtual and IRL @TheBitcoinConf Nashville.
Successful metaprotocols will have learned from the short history of experimentation we've seen to-date in this domain.
Things we re-use from ord for PROTORUNES:
🐎 Inscription envelopes (not satranges)
🕺 LEB128
💃 Runestone
💪 UTXO model
These concepts we model in WASM.
Hear @taggaOyl speak on our verticalized stack.
Protorunes standard = new AR lens on Runes
@SandshrewRPC & Metashrew = the AR lens builder
@oylwallet = The AR viewer goggles
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