Question 1

How can I verify that X is the RUNES·X·BITCOIN discussed here?

Accepted Answer

Verify both the full name RUNES·X·BITCOIN and rune ID 840000:142. The listing announcement associates X with that name and ID; the letter X alone cannot establish that an asset is the same one.

Question 2

When was RUNES·X·BITCOIN deployed?

Accepted Answer

The listing announcement states that it was deployed in the rune Genesis block on April 20, 2024, with rune ID 840000:142. This is historical deployment information, not a plan for a future launch.

Question 3

Were X's 210 billion units minted gradually?

Accepted Answer

The on-chain record lists both supply and premine as 210 billion units, with a 100% premine percentage. This indicates that this supply was created through premine when the rune was created; it should not be described as issuance minted gradually afterward.

Question 4

Do “100% premine” and “100% airdrop” conflict?

Accepted Answer

They describe different stages. Premine is the mechanism by which the etcher allocates units to itself when creating a rune, while an airdrop describes a later distribution method for those units. X's on-chain record shows a 100% premine, and the listing description says “100% airdrop, no reservation.” The latter alone does not prove that every address has completed a claim.

Question 5

Can new X still be obtained through open minting?

Accepted Answer

No. This rune's mint field is “no,” and its record shows a full premine, so open minting cannot create additional X. Existing X can move between addresses, but that movement is not newly minted supply.

Question 6

Can 0.5 X be transferred on-chain?

Accepted Answer

Not in this rune's native on-chain units. Its divisibility is 0, meaning no fractional units are allowed: the smallest unit is 1 X, and on-chain amounts must be expressed as whole units.

Question 7

Can the etcher change X's divisibility or other properties after creation?

Accepted Answer

Rune properties are set during etching and cannot be changed afterward, even by the etcher. For X, whose divisibility is 0, the etcher cannot later turn the same rune into an asset that permits fractional units.

Question 8

How does transferring existing X differ from etching or minting?

Accepted Answer

Etching creates a rune, minting creates new units of an existing rune, and transferring allocates runes from transaction inputs to outputs. A runestone can express these distinct operations, but X does not offer open minting; transferring an existing balance does not create the rune again.

Question 9

How does the protocol specify an amount and receiving output when transferring X?

Accepted Answer

An edict in a runestone contains a rune ID, an amount, and an output number. For X, the instruction uses rune ID 840000:142 and specifies the amount and output to receive the allocation; the protocol processes instructions in order and allocates unallocated runes to the corresponding outputs.

Question 10

Where does unallocated X go after a transfer when there is no Pointer?

Accepted Answer

If unallocated rune balance remains and the transaction has no Pointer field, the protocol transfers that balance to the first non-OP_RETURN output. Its destination therefore depends on output order; it cannot simply be assumed to return automatically to the original address.

Question 11

What happens when X is sent to an OP_RETURN output?

Accepted Answer

Under the Runes protocol, allocating X to an OP_RETURN output through an edict or pointer burns it. This is not a transfer to another ordinary receiving output; it destroys the units allocated to that output.

Question 12

How does a transaction containing a cenotaph handle X in its inputs?

Accepted Answer

If a transaction contains a cenotaph, all runes in its inputs are burned. Therefore, if those inputs contain X, that input X is also burned; the rule covers the runes in that transaction's inputs, not every holder's balance.

Runes·X·Bitcoin (RUNESX) Price

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Frequently Asked Questions About Runes·X·Bitcoin (RUNESX)