Bitflow 在 Stacks 網路上為 Rune 協定部署自動做市商 (AMM)

加密貨幣墮落者有一種新的——如果一切按計劃進行的話，更快、更便宜、更安全——交易符文的方式，這是比特幣生態系統對模因幣的回應。

An automated market maker (AMM) for the Runes protocol is being deployed on Stacks. It will be the first AMM for such tokens on the Bitcoin layer-2 network.

Runes 協議的自動做市商 (AMM) 正在 Stacks 上部署。它將成為比特幣第 2 層網路上此類代幣的第一個 AMM。

The AMM went live on Wednesday, following the unveiling of Stacks' native BTC-backed asset sBTC on Tuesday.

繼週二推出 Stacks 的原生 BTC 支援資產 sBTC 之後，AMM 於週三上線。

The teams behind decentralized exchange (DEX) Bitflow Finance and Bitcoin bridge Pontis are developing the AMM, a tool that facilitates trading through algorithmic means to improve liquidity. They announced the project Wednesday.

去中心化交易所 (DEX) Bitflow Finance 和比特幣橋 Pontis 背後的團隊正在開發 AMM，這是一種透過演算法手段促進交易以提高流動性的工具。他們週三宣布了該項目。

The Runes protocol is a standard for issuing fungible tokens on Bitcoin, building on the work of Ordinals, which allowed data to be inscribed on small denominations of BTC, thus making each one unique and potentially valuable. In the same way that Ordinals could be considered a means of creating the Bitcoin equivalent of NFTs, Runes could be considered a venue for creating memecoins.

Runes 協議是在比特幣上發行可替代代幣的標準，它建立在 Ordinals 的工作基礎上，它允許將數據刻在小面額的 BTC 上，從而使每一個都獨一無二並具有潛在價值。就像序數可以被視為創建比特幣 NFT 等價物的一種手段一樣，符文也可以被視為創建 memecoin 的場所。

Runes launched in April, coinciding with Bitcoin's fourth halving event, and spurred a flurry of activity, paying 78.6 BTC ($8.18 million) in fees in the 90 minutes after the halving took place.

Runes 於 4 月推出，恰逢比特幣第四次減半事件，並引發了一系列活動，在減半發生後的 90 分鐘內支付了 78.6 BTC（818 萬美元）的費用。

However, less than a month later, this excitement waned considerably, with fees dropping by more than 50%.

然而，不到一個月後，這種興奮感就大大減弱了，費用下降了 50% 以上。

Bitflow's aim is for its AMM to help Runes scale and address some of the shortcomings holding it back such as slow transaction speeds, high fees, and sniping of pending transactions. Sniping is when users exploit the time lag in which a transaction is waiting to be added to a Bitcoin block, by removing them from the waiting room, then adding them back in with their own signature and a higher fee attached.

Bitflow 的目標是讓其 AMM 幫助 Runes 擴展並解決一些阻礙其發展的缺點，例如交易速度慢、費用高以及掛起交易的攔截。狙擊是指用戶利用交易等待添加到比特幣區塊的時間延遲，將交易從等待室中刪除，然後用自己的簽名和更高的費用將其添加回來。

Bitflow is harnessing Stacks' Nakamoto upgrade. Stacks is one of several layer-2s that aim to allow smart contracts and other decentralized finance-related functions using Bitcoin as a base layer.

Bitflow 正在利用 Stacks 的 Nakamoto 升級。 Stacks 是旨在允許使用比特幣作為基礎層的智慧合約和其他去中心化金融相關功能的多個 Layer-2 之一。

Stacks activated its Nakamoto upgrade in October. It is designed to speed up transaction times considerably by decoupling the L2's block production schedule from Bitcoin's.

Stacks 在 10 月啟動了 Nakamoto 升級。它旨在透過將 L2 的區塊生產計劃與比特幣的區塊生產計劃脫鉤來顯著加快交易時間。

"Another key feature that Nakamoto unlocks is Bitcoin finality," Bitflow said. "After a transaction is confirmed, reversing it is at least as hard as reversing a Bitcoin transaction."

Bitflow 表示：“中本聰解鎖的另一個關鍵功能是比特幣的最終性。” “交易確認後，撤銷它至少和撤銷比特幣交易一樣困難。”

Bitflow is using the Bitcoin bridge Pontis to allow trading between BTC and Runes. Each trade is recorded in one Bitcoin block, which usually takes 10 minutes, and one Stacks block, which takes between five and 10 seconds.

Bitflow 正在使用比特幣橋 Pontis 來允許 BTC 和 Runes 之間的交易。每筆交易都記錄在一個比特幣區塊（通常需要 10 分鐘）和一個 Stacks 區塊（通常需要 5 到 10 秒）。