Recently, the NFTScan team officially released the Bitcoin-Runes browser, which will provide NFT developers and users in the Runes ecosystem with a simple and efficient NFT data search and query service. The main purpose of the Runes protocol is to define a way to tokenize assets on the Bitcoin network. It uses Rune as the unit of tokenized assets and utilizes UTXOs to represent the balance of Rune. Protocol messages are passed through transaction outputs and follow specific formats and rules, which can include two types of operations: transfer and issuance.
The release of the Runes protocol provides an excellent opportunity to participate in a large new ecosystem. Despite the overall bearish market, the Runes ecosystem has shown strong activity.
According to data from Bitcoin-Runes NFTScan, as of now, the total transaction volume of Runes minted on the Bitcoin network is 6,408.83 btc, with a current market value of 32,617,909,740.37 btc, and a total of 86,422 Runes issued. There are 1,016,289 wallet addresses that have interacted.
Based on the parsing and standardization of data on the Bitcoin chain, NFTScan will present the data clearly to users and developers, providing comprehensive standardization, in-depth analysis, data visualization, and real-time updates for the Runes sector. This will ensure data consistency, allow for easy understanding and use of the data, extract key information related to Runes, provide detailed data descriptions and analysis results, and present complex data in an intuitive form.
As a fundamental infrastructure for NFTs in the Bitcoin ecosystem, NFTScan will continue to develop functionality and open services, providing high-quality NFT API data services and wallet address NFT asset data search and query services for developers and NFT users in the Bitcoin ecosystem.
Currently, the NFTScan developer platform offers a series of Runes-related APIs, including “Retrieve Rune,” “Retrieve Rune Balances,” and “Retrieve Rune Transactions,” to meet various indexing needs for Runes data in different business scenarios.
Welcome to use the Runes API data services provided by the NFTScan developer platform, enabling low-threshold and rapid product and protocol development related to the Bitcoin network.
