'Recursion Rune' is coming?

Author: Cookie, Rhythm

Early this morning, the co-founder of the Bitcoin NFT project Blob is also the current ranking of the Ordinals protocol Contributor No. 6, @Elocremarc, tweeted this:

"Time has come for recursive runes!"

At the time of writing this article, the floor price of Blob has risen by 30%, exceeding 0.04 Bitcoin.

So, we know "recursion" and we also know "rune". What is "recursion rune"?

Let the inscriptions "move" along with the runes

Everyone should know the role of "recursion". The "on-chain pointer" allows the inscriptions to reference data on the Bitcoin chain. Includes data from other inscriptions. The data that supports reference include the following, including the latest block height, specified block height, other inscription data, etc. These are also called "recursive endpoints".

The idea proposed by @Elocremarc is that we add a "recursive endpoint", which is "/r/output". As long as the "/r/output" recursive endpoint is added, developers will be able to know the number of corresponding runes and whether there are other inscriptions from the transaction output, which will allow the inscription to change based on the number of runes.

According to the editor's current understanding, this requires keeping the corresponding inscriptions and runes in a UTXO (otherwise when the balance of the runes changes, the balance of the runes cannot be obtained from the transaction output. The changes caused the inscription image to change accordingly). From this point on, we can first look forward to the emergence of this kind of gameplay. For example, when etching inscriptions, a small picture is also burned. Depending on the number of corresponding runes, the small picture obtained will be different.

Deeper gameplay, such as the Bitcoin full-chain game mentioned by Pizza Ninjas CEO@TO (for example, an NFT is equal to a game account, the runes are game currency, and the game currency balance can be read directly on the NFT Similar), further support from infrastructure may be needed.

Finally, I want to mention that the recursive endpoint "/r/output" has been added, which is a prerequisite for @Elocremarc's solution. Currently, @Elocremarc has submitted a PR on the official Github of Ordinals. If it passes successfully, we will have "recursive runes" to play with.

Conclusion

"Rune" was the absolute hot spot in the encryption market in the past week, but it did not show a good performance under the extremely high attention. money-making effect. In addition to the project’s “pre-mined runes” and “fair casting” like what BRC-20 once played, “runes” may need more gameplay to stimulate them. If "Recursive Rune" can land quickly, it will undoubtedly give "Rune" a shot in the arm.

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