sometimes people think i'm satoshi, hopefully with the runes launch that rumor can finally be put to rest, since satoshi would never have made something so retarded
Runes were built for degens and memecoins, but the protocol is simple, efficient, and secure. It is a legitimate competitor to Taproot Assets and RGB.
The protocol is self contained and has no dependencies on ordinals or inscriptions, making it extremely simple.
Balances are
Bitcoin's entire value proposition rests of censorship-resistance, which can only be guaranteed by decentralized miners competing to produce blocks.
The current state of Bitcoin mining decentralization is, unfortunately, not great. Many large pools which were previously thought
Looking at the merkle branches that mining pools send to miners as part of stratum jobs, it's clear that the BTCcom pool, Binance pool, Poolin, EMCD, Rawpool, and possibly Braiins* have exactly the same template and custom transaction prioritization as AntPool.
The value proposition of crypto is tokens, NFTs, and AMMs. Bitcoin now has inscriptions, a superior NFT standard, and soon runes, a superior token standard. Soon it'll also have something superior to AMMs.
The other chains can all get fucked.