Bitcoin Ordinals Runestone Up For Auction Ahead of Airdrop
The Runestone, a landmark inscription on the Bitcoin blockchain notable for its dimension, is up for public sale.
The inscription at present holds the document for the most important ordinal by block dimension. Bidding for the Runestone, designated as inscription 63,140,674, at present sits at 0.26 BTC, roughly equal to $17,261.61 on the Ord Metropolis market. Importantly, all proceeds from the public sale can be directed in the direction of protecting community charges related to the upcoming Runestone airdrop and distributed to Bitcoin miners. The Runestone public sale concludes on March 8, 2024, at midday EST.
This public sale follows the extremely anticipated Runestone airdrop, formally inscribed on the Bitcoin blockchain earlier this week. This 3.97 MB inscription, encompassing two complete blocks, is one among solely seven ordinals exceeding 400,000 bytes. Notably, it was created in collaboration with OrdinalsBot and Marathon Digital Holdings, who mined the record-breaking 3,991,547-byte block for its inscription.
Whereas the precise date stays undisclosed, the upcoming Runestone airdrop will see over 112,000 eligible Bitcoin addresses obtain a Runestone inscription. Moreover, a future airdrop of Runes tokens is deliberate upon the launch of the Runes protocol on the Bitcoin community, anticipated to coincide with the Bitcoin halving round April 20, 2024.
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