比特幣的史詩級融合：減半與符文協議開創新時代

2024 年減半和Runes 協議在同一天推出可能標誌著比特幣歷史上的重大事件，因為Runes 協議引入了可替代代幣的概念，並引發了區塊空間和價值超過100 萬美元的「史詩中本聰」的爭奪戰。

Bitcoin's Second Phase: The Convergence of Halving and Runes Protocol

比特幣第二階段：減半與符文協議的融合

The cryptocurrency world eagerly anticipates the 2024 halving, an event that occurs every four years and reduces the block reward for Bitcoin miners by half. This year, however, the initiation of the Runes protocol, which aims to introduce fungible tokens on the Bitcoin network, coincides with the halving, potentially marking a monumental chapter in Bitcoin's history.

加密貨幣世界熱切期待 2024 年減半，這一事件每四年發生一次，將使比特幣礦工的區塊獎勵減少一半。然而，今年，旨在在比特幣網路上引入可替代代幣的符文協議的啟動恰逢減半，這可能標誌著比特幣歷史上的一個里程碑式的篇章。

The Dawn of "The Second Phase of Bitcoin"

「比特幣第二階段」的黎明

In December 2022, the Ordinals protocol emerged, bringing a surge of cultural transformation to the Bitcoin blockchain. It enabled users to embed images, audio, and code files directly into Bitcoin blocks, thus initiating "The second phase of Bitcoin." Casey Rodarmor, the developer behind Ordinals, subsequently introduced the Runes token protocol, designed to facilitate the creation of fungible tokens on Bitcoin.

2022 年 12 月，Ordinals 協議出現，為比特幣區塊鏈帶來了文化轉型的浪潮。它使用戶能夠將圖像、音訊和程式碼檔案直接嵌入到比特幣區塊中，從而開啟了「比特幣的第二階段」。 Ordinals 背後的開發者 Casey Rodarmor 隨後推出了 Runes 代幣協議，旨在促進在比特幣上創建可替代代幣。

Runes Protocol: A Battle for Block Space

符文協議：區塊空間之戰

The Runes protocol is set to activate concurrently with the halving. This will trigger an intense competition among players vying to issue the first tokens and secure the most auspicious token names. A secondary battle will ensue as players race to acquire these newly minted tokens.

符文協定設定為與減半同時啟動。這將引發玩家之間的激烈競爭，爭奪第一批代幣並獲得最吉利的代幣名稱。當玩家競相取得這些新鑄造的代幣時，將會發生第二次戰鬥。

In anticipation of this event, global exchanges are preparing to list the primary tokens to be launched under the Runes protocol. Marketplaces and decentralized exchanges (DEXes), including Magic Eden and OKX, have already announced their support for tokens created from the Runes protocol from day one.

為了應對這一事件，全球交易所正在準備列出將在 Runes 協議下推出的主要代幣。包括 Magic Eden 和 OKX 在內的市場和去中心化交易所 (DEX) 從第一天起就已經宣布支持根據 Runes 協議創建的代幣。

The Historical Significance of Runes and Ordinals

符文和序數的歷史意義

Historically, Bitcoin has been perceived solely as an asset with no specific purpose, unlike blockchains such as Ethereum and Solana, which serve as platforms for application development and asset issuance. However, the introduction of Ordinals has witnessed thousands of users actively utilizing the Bitcoin network to acquire Bitcoin-priced assets. Within a year of its inception, over $3 billion has been transacted through Ordinals assets, involving approximately 600,000 unique wallets and 2.5 million on-chain transactions.

從歷史上看，比特幣一直被視為一種沒有特定用途的資產，這與以太坊和 Solana 等作為應用程式開發和資產發行平台的區塊鏈不同。然而，Ordinals 的推出見證了成千上萬的用戶積極利用比特幣網路來獲取比特幣定價的資產。在其成立一年內，透過 Ordinals 資產進行的交易已超過 30 億美元，涉及約 60 萬個獨特錢包和 250 萬筆鏈上交易。

The cultural impact of Ordinals has revitalized Bitcoin, igniting a surge in innovation and leading to improvements in Bitcoin wallets, nodes, unspent transaction output (UTXO) managers, and the mempool. Discussions regarding decentralized finance (DeFi) and layer-2 solutions for Bitcoin have intensified, attracting significant attention from venture capitalists.

Ordinals 的文化影響重振了比特幣，引發了創新浪潮，並導致比特幣錢包、節點、未花費交易輸出 (UTXO) 管理器和內存池的改進。關於去中心化金融（DeFi）和比特幣第二層解決方案的討論愈演愈烈，吸引了創投家的極大關注。

The Next Phase: Runes

下一階段：符文

The Ordinals protocol has rekindled enthusiasm for Bitcoin, and the Runes protocol represents the next phase in its evolution.

Ordinals 協議重新點燃了人們對比特幣的熱情，而 Runes 協議代表了其發展的下一階段。

The Epic Satoshi: A Million-Dollar Prize

史詩般的中本聰：百萬美元獎金

The halving block itself will be the most fiercely contested block in history, not only for retail participants but also for miners. The miner who secures the halving block will claim an "Epic" satoshi, estimated to be worth over $1 million.

減半區塊本身將是史上競爭最激烈的區塊，不僅對散戶參與者來說，對礦工也是如此。獲得減半區塊的礦工將獲得「史詩」聰，估計價值超過 100 萬美元。

Scalability Solutions

可擴展性解決方案

Anticipating network congestion on the Bitcoin network, projects are developing solutions to facilitate scalable trading on the Runes protocol. A successful precedent exists in the form of a bridge that enabled the exchange of Bitcoin assets on Solana. However, more Bitcoin-centric platforms are emerging, such as RuneChain, a Bitcoin layer-2 solution focused on Runes.

預計比特幣網路將出現擁塞，該項目正在開發解決方案，以促進 Runes 協議上的可擴展交易。一個成功的先例以橋樑的形式存在，它使得 Solana 上的比特幣資產得以交換。然而，更多以比特幣為中心的平台正在出現，例如 RuneChain，這是一個專注於 Runes 的比特幣第二層解決方案。

Investor Education and Preparation

投資者教育和準備

As the market gears up for the arrival of the first tokens created through the Runes protocol, users are becoming increasingly savvy about Bitcoin. Thousands have begun operating Bitcoin nodes and educating themselves about UTXOs to gain an advantage during token launches. NFT communities like the Pizza Ninjas have played a significant role in disseminating knowledge on these topics.

隨著市場為透過 Runes 協議創建的第一批代幣的到來做好準備，用戶對比特幣越來越了解。成千上萬的人已經開始操作比特幣節點並進行有關 UTXO 的自我教育，以便在代幣發行期間獲得優勢。像 Pizza Ninjas 這樣的 NFT 社群在傳播這些主題的知識方面發揮了重要作用。

Pre-Runes Season: Token Distribution

符文季前賽：代幣分配

The market is experiencing a "pre-Runes season," characterized by the pre-distribution of Runes-standard tokens through airdrops to Bitcoin NFT holders. Each collection employs its unique distribution model, with some airdropping tokens based on NFT holder snapshots after the halving, while others distribute tokens based on the duration of NFT ownership. Runestone and RSIC exemplify these two distribution models, respectively.

市場正在經歷“符文前季節”，其特點是透過空投向比特幣 NFT 持有者預先分配符文標準代幣。每個集合都採用其獨特的分配模型，一些空投代幣基於減半後的 NFT 持有者快照，而另一些則根據 NFT 所有權的持續時間分配代幣。 Runestone 和 RSIC 分別例證了這兩種分配模型。

Users also have the option of investing in BRC-20 tokens, such as WZRD and PUPS, which will migrate to the Runes standard.

用戶還可以選擇投資 BRC-20 代幣，例如 WZRD 和 PUPS，這些代幣將遷移到 Runes 標準。

Runes: A Monumental Shift

符文：一個巨大的轉變

Bitcoin's "second season" is approaching its climax. Runes tokens will evoke a spectrum of emotions, from admiration to disdain and everything in between. They are an unstoppable force, poised to transform Bitcoin's landscape forever.

比特幣的「第二季」即將迎來高潮。符文令牌會喚起一系列情感，從欽佩到蔑視以及介於兩者之間的一切。他們是一股不可阻擋的力量，準備永遠改變比特幣的格局。

Lugui Tillier, a guest author for Cointelegraph and Business Development Director of Lumx, a Web3 studio in Rio de Janeiro backed by BTG Pactual Bank, the largest investment bank in Latin America, contributed this article, which solely reflects the author's views and not Cointelegraph's.

Lugui Tillier 是 Cointelegraph 的客座作者，也是 Lumx 的業務開發總監，Lumx 是一家位於裡約熱內盧的 Web3 工作室，由拉丁美洲最大的投資銀行 BTG Pactual Bank 支持，本文僅反映作者的觀點，不代表 Cointelegraph 的觀點。