5.11 Pie Hotspot Information Summary
1⃣: Bitcoin Inscription Protocol Upgrade Proposal
@cbspears posted that Bitcoin inscriptions may undergo an upgrade. Ordinals developers propose storing inscriptions through Taproot signature attachments, replacing the current Tapscript method. This move could reduce inscription transactions from two to one, simplifying the process and lowering on-chain fees. Contributors like Casey indicate that this will improve efficiency, address the issue of multiple transactions required by current tools, and potentially reduce the cost of large file inscriptions. The community response is polarized, with some supporting its optimization potential and others concerned about deviating from Bitcoin's original intent. The discussion has been ongoing for two years.
2⃣: Is Bitcoin Core in "Panic Collapse"?
The founder of Wizard @udiWertheimer posted that the Bitcoin Core "organization" is in a state of complete panic collapse. This statement sparked heated discussions, possibly related to recent OP_RETURN policy debates and node operators shifting to Knots. Market observers warn of rising node security risks, and the future direction of Bitcoin is under close scrutiny.
3⃣: Bitcoin Knots Nodes Surge by 82.5%
According to Bitnodes data, in the past two weeks, reachable Bitcoin nodes increased by 57 (0.26%) to 21,775, and the total number of nodes (including unreachable ones) grew by 1,698 (2.75%) to 63,398. Notably, the number of Knots nodes surged by 809 (82.5%) to 1,790. This reflects increased participation in the Bitcoin network and community attention to Knots.
4⃣: Alkanes Protocol New 10K Small Image Collection
Announcing the launch of the "Oyly Orbitals Collection," 10,000 NFTs will be issued on the Bitcoin blockchain through an innovative fair minting mechanism, starting at block 896,388. 100 pieces are pre-minted, with 51 given to the @MethaneFund committee and 49 used for marketing. The project relies on the Alkanes protocol, attracting attention. (Small images are no longer loved)
5⃣: Las Vegas to Host BTC All-Star Summit
According to @ArchNtwrk, the BTC All-Star Summit will be held from May 29 to 31, 2025, at the Illuminarium at AREA 15 in Las Vegas, coinciding with the Bitcoin conference. Industry leaders like Matt C., Farmerjoe, and Domo will attend to discuss the future of Bitcoin.
6⃣: Alkane Pandas Collection Airdrop
@tclowdotsats completed the first Alkane Pandas airdrop, distributing 1,700 pieces to @AirheadFun and other Genesis NFT holders, with each unlisted Ordinal receiving 5 pieces. Using @MARAHoldings Slipstream technology to bypass dust restrictions. Pandas are temporarily non-tradable, @idclub_ord will launch a market, recommending transfer to @oylwallet to prevent loss, with 8,000 pieces still to be distributed in the future!
7⃣: Unipcs Optimistic About Bitcoin Runes Prospects
@theunipcs responded to a user's question, stating that he still holds all Bitcoin Runes and believes the crypto cycle is "far from over." He is optimistic about the future development of runes, saying "we shall see." (This is the first reaction from Bonk Guy to runes since November 24)
8⃣: MicroStrategy May Increase BTC Holdings Again
MicroStrategy @saylor released the latest Bitcoin tracking data, and they always announce a new round of Bitcoin purchase plans the next day.
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Today's Top Rune Tokens Compared to Yesterday's Market
❯ $DOG down -3.94%, market cap $366 million
❯ $MIM up +10.13%, market cap $58.7 million
❯ $PUPS up +20.87%, market cap $30.7 million
❯ $BILLY up +0%, market cap $18.1 million
❯ $RSIC up +3.79%, market cap $13.7 million
❯ $GIZMO up +2.13%, market cap $4.8 million
❯ $MORI up +0%, market cap $2.3 million
▣ Total Rune Market Cap: up +0.87%, $694 million
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Today's Top BRC20 Tokens Compared to Yesterday's Market
❯ $ORDI up +11.68%, market cap $220 million
❯ $SATS up +6.80%, market cap $110 million
❯ $RATS down +4.75%, market cap $30.9 million
❯ $PIZZA down -11.22%, market cap $8.7 million
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That's it~
Wishing all mothers a happy holiday, thank you for your hard work!
#Bitcoin #Ordinals #Runes #BRC20
Inscriptions might get an upgrade some of us have been talking about for over 2 years.
The Age of the AnnexScription ⚜️



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