Why Metaprotocols are Destroying Bitcoin 😔 MAXIES HAD IT RIGHT! Ordinal Takeover 20

After Runes launch the picture of Bitcoin’s future is becoming clearer. We think it is unlikely that Runes will render all other Bitcoin metaprotocols useless. So the question now is what are all other metaprotocols up to. We break down and discuss how metaprotocols on Bitcoin operate and the differences between them and Ethereum protocols. We identify Trac’s TAP, CBRC20s, Atomicals, and Stamps as viable metaprotocols as of now. We discuss upcoming infrastructure providers like Metashrew and OPI who are working to provide critical indexing technology for developers to quickly spin up their own metaprotocols. What are the challenges of a Bitcoin future where dozens of metaprotocols are offering function

Links in Video
1. CryptoSlam: https://www.cryptoslam.io/
2. Runes Marketcap: https://runesmarketcap.com/
3. 100 tickers: https://twitter.com/jakegallen_/status/1782819531737690150
4. Trac marketcap: https://www.coingecko.com/en/coins/trac-ordinals
5. MOTO: https://ichigai.xyz/
6. Atomicals Market: https://atomicalmarket.com/?page=1&order=desc&orderBy=marketCap
7. Unisat: https://unisat.io/market/collection
8. Recursive Runes: https://twitter.com/Elocremarc/status/1782450322922930584

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The views and opinions expressed by The Block Runner are for informational purposes only and do not constitute financial, investment, or other advice.

0:00 Deja vu related to video and meta protocols
3:33 Dislike BRC 20, aim for efficiency
7:37 BRC 20 protocol gained significant value
12:17 Creating and selling digital art for profit
13:45 Developers prioritize functionality, testing additional features today
17:13 Developers build decentralized markets with metaprotocol primitives
20:46 Community debates direction and metaprotocol support
23:53 Misconception about layer two side chains for bitcoin
25:39 Decentralized meta protocol wins with developer traction

#blockrunner #ordinals #ordinalwallet