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Bitcoin’s New Runestone Project Airdrops ‘Largest Inscription Ever’

March 4, 2024
in NFT
Reading Time: 2 mins read
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Yesterday, Runestone, a Bitcoin Ordinals venture led by the nameless collector and NFT professional LeonidasNFT, achieved a historic milestone by mining “the biggest inscription ever, AGAIN!” 

Unchallenged in dimension at 3.97 MB, ‘Inscription 63,150,674’ was mined by means of a collaboration between Marathon Digital’s Slipstream, a service for direct Bitcoin transaction submissions through its MARA mining pool, and OrdinalsBot, which streamlines Ordinals, utilizing Casey Rodarmor’s protocol. 

Leonidas articulated the rationale for the Runestone initiative in a current publish on X, stating, “The highest blockchain on the earth ought to have the highest meme coin on the earth.”

To attain this imaginative and prescient, he advocates for an intensive airdrop method, emphasizing, “The highest meme coin on the earth needs to be distributed by means of a considerable free airdrop with none allocation to the group, to essentially the most devoted neighborhood.”

Bitcoin Runestone Inscription
Bitcoin Runestone Inscription Supply: ord.io

Unlocking Airdrop Eligibility

To find out eligibility for a considered one of these main inscriptions, customers are required to stick their Bitcoin tackle into the Runestone airdrop’s interface. Over 112,000 Ordinals wallets qualify, offered they maintain no less than three inscriptions from block 826,600 onwards, excluding “textual content/plain” or “utility/JSON” varieties.

Airdrop eligibility additionally extends to “cursed inscriptions” — Ordinals that the Ord indexer initially missed, a instrument designed for monitoring and registering inscriptions, ensuing of their absence from wallets and marketplaces.

Notably, the current pre-market base worth for considered one of these belongings on the Solana-powered decentralized Whales Market platform stands at $545.

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