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tldr; Runes is a new fungible token standard for the Bitcoin ecosystem, created by developer Casey Rodarmor. It simplifies the creation of fungible tokens compared to other methods on Bitcoin, like BRC-20, reducing technical barriers and encouraging more builders. Runes has quickly gained attention, with a market cap of $346 million in less than a week. The Bitcoin Virtual Machine (BVM) is developing a dedicated blockchain, RuneChain, to support Runes, featuring low fees and fast transaction times, aiming to build a decentralized finance ecosystem around Runes. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I cover almost the same grounds as you and am very optimistic about my portfolio if the market recovers. I have also invested in BtC network (CKB, BVM and SSNC) and want to get into gaming and some memes in near future.
BVM actually pumped lol Sold 2/3 of my bag and got two discounted alts with it. I will get back my sold BVM with profits from those alts going back to normal.
Look into the BRC-20 ecosystem, BVM is going to go crazy
BVM the only coin that’s been green since yesterday in port
BtC L2s carrying my portfolio through this dump. Holding CKB, BVM and SSNC.
tldr; Filecoin (FIL) has experienced a price surge following its integration with the Bitcoin Virtual Machine (BVM), aimed at enhancing scalability and security for Bitcoin Layer 2 solutions. This collaboration leverages Filecoin's decentralized storage capabilities to improve the efficiency and reliability of Bitcoin Layer 2 solutions, addressing scalability and security challenges. Market analysts predict significant potential gains for FIL, with the price already up 30% in the past week and 118% in the last 30 days. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I’m in stacks, BVM (Nakachain), Merlin, and mubi
BVM has its own token so I don’t think this belongs on this sub. It’s an altcoin
I'm looking at $ONI first and foremost. A layer 0 dag hybrid for onchain digital identity, data privacy and security servicing Enteprise with a market cap of only 4m. Regulatory compliance in Germany which is one of the hardest to get in Europe, government state backed funding, partnerships with businesses wanting to move into the blockchain space and testnet launching December 21st 2023 with mainnet to follow early 2024. It's closest competitor is probably Azero with a MC of 200m, if Azero gets to 1bn MC that's a 5x which is still pretty decent but a 5X for ONI is still just 20m, to reach Azero current market cap is a 50x and to reach a billion is a 250x so the potential for a blockchain with real world usecase has significant upside compared to its competitors. Some other coins to look at would be $KAS which is a POW with 10-100 Blocks per second capabilities, solved the blockchain trillema as a layer 1 which everyone said wasn't possible. The best part is the founder was referenced in Ethereum whitepaper as they used a simplified version of his technology to build ethereum and its been mentioned in a few other whitepaper too. It's marketcap is already pretty high at 1bn but I believe this takes #2 spot in the coming years. $SPACE is a layer 2 Bitcoin scaling solution which is working in the BVM (bitcoin virtual machine) its fast and cheap in comparison to BTC and also works as it's own layer 1. People say this next one is the Bitcoin of AI, $TAO or bittensor is an open source AI project that has been building neural networks for many applications and its completely decentralised. The governement are currently trying to stifle innovation with regulations regarding AI and yes we probably do need it to some extent but we all know they are going to over step and ruin it like they do with everything else which is why open source AI is essential. Then we have $TRIAS, $KUJI, $OLAS, $NXRA, & $VRA
>Nexa seem Nexa is a superset of the original BVM. So you'd just execute a BVM script "natively" rather than build a BVM wrapper on top of what is already the BVM. You can use “OP\_EXEC” (a Nexa extension to execute some BVM code). But note that “OP\_EXEC” is limited to stop runaway scripts.