RSIC Mining and Rune Tokenomics on Bitcoin Explained

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  • Опубліковано 24 січ 2024
  • Here is a quick 10 minute RSIC Rune Coin Overview to get you up to speed. RSIC is getting everyone's attention right now. RSIC (like ASIC) stands for Rune Specific Inscription Circuits and serve as "miners" to accumulate as much of the Rune token on Bitcoin as you can. This is Game Theory at its best and was a very well executed "mining" game to get mindshare and possibly become the first Runes token.
    There is never a dull moment in Bitcoin Ordinals and BRC-20 tokens and RSICs have come out of the gate swinging.
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КОМЕНТАРІ • 11

  • @lilpin2
    @lilpin2 4 місяці тому +3

    Def looking forward to this project - appreciate the informative coverage on the RSICs!

  • @ruhelmiah2133
    @ruhelmiah2133 3 місяці тому

    Hi
    I follwed your vid
    I have brought rsic on my unisat wallet. From my unisat wallet i resent it to my same unisat wallet address. But when i go on to ordiscan it shows on the inscription but not on the runes.
    Am i doing something wrong? On inscription when i press on my rsic and it open up on the right hand side some information is listed, where it say inscription info.
    Metaprotocol heading below that its say
    RSIC ? ACTIVATED.
    Does that mean its activated but why isnt it showing u der runes and my allocation?

  • @DK-vw1of
    @DK-vw1of 3 місяці тому

    Casey is not working on the runes token only on the protocol.

  • @MikesWorldunfiltered
    @MikesWorldunfiltered 3 місяці тому

    is there anyway to know if the Booster I have is running correct? anyway to check if the Booster is working on ordiscan?

    • @DecentralLens
      @DecentralLens  2 місяці тому

      on ordiscan you should be able to see if the inscription is boosted (it says activated)

  • @ruhelmiah2133
    @ruhelmiah2133 3 місяці тому

    Hi
    I have brought rsic on my unisat wallet. From my unisat wallet i resent it to my same unisat wallet address. But when i go on to ordiscan it shows on the inscription but not on the runes.
    Am i doing something wrong? On inscription when i press on my rsic and it open up on the right hand side some information is listed, where it say inscription info.
    Metaprotocol heading below that its say
    RSIC ? ACTIVATED.
    Does that mean its activated but why isnt it showing u der runes and my allocation?

    • @DecentralLens
      @DecentralLens  3 місяці тому +1

      I believe the API is not working right now for the runes allocation but you should be good if it says activated, the team is working on a fix and a dashboard

  • @hopevscancerfoundation7231
    @hopevscancerfoundation7231 2 місяці тому

    What wallet are you keeping it in? I have my RSIC in my Magic Eden but I don't think it'll support Rune Coins when they are distributed.

    • @DecentralLens
      @DecentralLens  2 місяці тому

      Good question. It hasn't been announced yet but will prob be sent to address holding RSIC, when we know for sure we will share but any of the current wallets such as Unisat or Xverse should work fine.

  • @boostandflow4603
    @boostandflow4603 2 місяці тому

    Is it too late to start mining?

  • @mcgems754
    @mcgems754 3 місяці тому

    Wish I could have a tokenized RSIC