6.11 Sorting out hot spot information of cakes
1️⃣: Kraken Exchange Co-Founder on BRC20
Kraken CEO @arjunsethi discusses the impact of BRC20 on Bitcoin innovation. He pointed out that although BRC20 is not perfect, it has opened up a new design space on Bitcoin, promoted the rapid evolution of wallets, browsers and other tools, and laid the foundation for Runes; Under the structure of Bitcoin, which is difficult to change, this new way of experimenting without contracts and bridging means that Bitcoin still has innovative vitality.
2️⃣: Stablecoin Tether has launched a new wallet development kit
$USDT CEO @paoloardoino announced the launch of the Wallet Suite (WDK) developed by Tether, a self-hosting, open-source wallet infrastructure that leverages P2P clusters for node synchronization and transaction broadcasting, and supports @buildonspark (Lightning Network), aiming to create a fully unstoppable and 100% configurable wallet experience.
3️⃣: Alkanes metashrew 9.0.0 will be released soon
The CTO of OYL Wallet, @judoflexchop, announced that v9.0.0 will be available for the Alkanes protocol's "metashrew". This major update will significantly improve the integrity of the Alkanes data tier, and more information will be released this week.
4️⃣: The Alkanes contract dispute has sparked heated discussions
Some users have questioned whether the Alkanes contract actually runs on the Bitcoin blockchain or whether it is controlled by Oyl through its Sandshrew indexer. Sparked a discussion about Alkanes smart contracts. Subsequently, the big guys have clarified that all the meta-protocols of Ordinals, Runes, and BRC20 work like this.
5️⃣: Ordinals Wallet will support the Alkanes protocol
@ordinalswallet posted a post suggesting that its platform will soon support the Alkanes protocol. (Great, more and more platforms support it)
6️⃣: ODIN integrates OG runes
IT WAS ANNOUNCED THAT THE ODIN•FUN PLATFORM PLANS TO INTEGRATE THE FIRST BATCH OF OG RUNE TOKEN TRANSACTIONS ON JUNE 18, WHICH REQUIRES LIQUIDITY SUPPORT FROM THE COMMUNITY. (At present, this platform is slowly being occupied by the ground push)
7️⃣: Fierce criticism of Bitcoin layer 2 stacks
Tweeted and criticized Stacks, saying that it was not a real Bitcoin Layer 2, and that it raised $50 million in the 2017 ICO and was questionable about its safety, calling for it to "accelerate its disappearance", and @ investors@BillAckman implying that it might get involved in the project. The tweet sparked heated discussions among netizens.
8️⃣: $MIST Phase 2 progress
The game's experiential minting token $MIST @hathbanger posted a mysterious emoji equation, as well as a 4.2% progress bar for the second stage.
9️⃣: RuneShot is live
RuneShot @minelabs_ announced the launch of RuneShot, which leverages NEAR Protocol technology to provide instant token launches and GAS-fee-free transactions on Bitcoin, with initial tokens including $MINE and $DOG.
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That's all~
There was a bit of a delay tonight, and the price of the token was not updated
#Bitcoin #Ordinals #Runes #BRC20
Yes, it’s true—I’ve been spending time on BRC-20.
Not for engagement. Not because it’s perfect. But because it opened up a design space on Bitcoin that hasn’t really existed until now—and that shift matters.
Here’s why:
– BRC-20 is stateless and non-Turing complete. It doesn’t rely on a virtual machine. It encodes intent in inscriptions and relies on off-chain indexers to recreate token state. Crude? Yes. But it works, and it fits Bitcoin’s model.
– It exposed real scaling and UX challenges. From bloated UTXO sets to inconsistent indexers, BRC-20 showed us what breaks under real usage. It also forced tooling—wallets, explorers, mempool visibility—to level up fast.
– Runes builds on that. Runes replaces the JSON hack with native on-chain logic. It uses UTXOs to encode token balance directly, minimizing bloat and improving auditability. But it likely wouldn’t exist without BRC-20’s chaos proving there was demand.
– This matters because Bitcoin is ossified. You can’t ship features at the base layer. That’s a feature, not a bug. But it means any new use case—tokens, DeFi, culture—has to work within hard constraints. That creates better engineering discipline.
– The new design space is permissionless, Bitcoin-native experimentation. No wrapped assets. No smart contracts. No bridging risk. Just new protocols built directly on top of Bitcoin’s UTXO model. That’s a big deal.
– And culturally, it matters too. Bitcoin has been viewed as “finished software” for years. This wave—BRC-20, Runes, Ordinals—is a reminder that innovation can still happen on Bitcoin, not just around it.
I’m not here to farm engagement. I’m here because watching Bitcoin evolve—without compromising its fundamentals—is technically fascinating.
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