Sharkchild

Award-winning author, publisher, and podcaster.
Imagination. Writing. Music.

[Orbus @EnchanterOrbus]

Augurer Gwen kicking @ForgottenRunes wizards' childhoods into the future with a cover of The Flight of Dragons (Title Song)!

Sending some HUGE !magic your way, and some electric vibes for the @RuniverseGame!

[Sharkchild @Sharkchild]

I put out some new music! Check it out! 🔥

https://t.co/jjxEHzS27D

[Sharkchild @Sharkchild]

@arcanefdn I'm ready.

[Arcane Foundation @arcanefdn]

Something new is coming.
An app for creators.
A playground for worldbuilders and storytellers.
A reward system for imagination itself.

Powered by $XP.

[House of Wizards @FRWCCouncil]

Join us Thursday with @MeepleDad to discuss updates to his Treasure Trove proposal and anything else DAO 🌹
https://t.co/4eZGzV7CxO

[Tania del Rio @taniadelrio]

Welcome grail, Summoner Oberon of the Tundra, the only wizard to be burned and then reborn due to a short-lived quirk in the @forgottenrunes contract!

He has knowledge for those who seek it, but not without sacrifice.

[CyberKongz @CyberKongz]

How we created history and etched ⚡DECENTRALIZED:

Rune #2

First off, we put forward a considerable amount for the culture. For provenance. For the journey. Everything Prometheans represents.

No VCs. No exchange funds. No capital raised.

Executing this required precise strategic planning, innovative cost-effective blockchain positioning, and a significant premine for airdropping to existing inscription holders.

None of this could have been done without our incredible technology partners: @Ordinal_Miners, with the lead developers @MutableTrees & @chip__.

// Technical Breakdown //
1) We ensured robust readiness infrastructure-wise by setting up multiple Bitcoin nodes and Ordinal instances. This preparation was crucial for handling the demands of blockchain operations and transaction execution effectively.

2) Rune Specifications:
Ticker: ⚡DECENTRALIZED
Divisibility: This was set at 2 to allow the rune to be broken down into hundredths, enhancing utility for transactions.
Premine: The entire 21 billion units were premined. This was a strategic decision for Prometheans holders. More information to follow.

3) During this process we developed some unique approaches to providing as much flexibility as possible. It was key to have every sat working to pay fees for the etch, and not for pubkey/privkey overhead, so we could manage costs effectively while securing prompt confirmation.

4) The primary technique we developed, 'Replace by Refund', is different than the standard Replace by Fee (RBF). RBF is a technique to increase the fee for a transaction. In order to do this, either more inputs must be added to a transaction or the existing outputs must be reduced leaving more sats for fees. In the case of a Rune etch, this is difficult and adding inputs adds substantial overhead that increases the cost, especially in a high fee environment. Instead, we committed more funds from the beginning, with the option of reducing the refund, which results in a higher fee. You can see this play out in our mainnet testing for TxID: 344186a7552827268dc5a42728094caa4440da1c1c840e8f23bcfc767cea32e9.

5) Broadcasting the Taproot commit transaction early gave us a strategic advantage, allowing for the transaction to be prepared and executed ahead of potential competitors.

In summary, we used a unique Replace-by-Refund approach to be able to both adjust fees post-commitment and provide a backup opportunity in case of network congestion to ensure the transaction would not be delayed.

The commit transaction broadcast and later confirmed in Block 839,960. The reveal transactions with varying fees were crafted and pre-signed, ready to broadcast once 839,999 was mined.

We did all of this to secure provenance and etch a rune that symbolizes what it means to go on a decentralized journey.

More information very soon.

[dotta 📎 @dotta]

It is not the Wizards who forgot the runes

It’s the rest of the World

And even they won't forget much longer

[Sharkchild @Sharkchild]

@GafferTapesol Cap2aAAKBbgfeQSbM4L9ZFDF6qNHeVEMSJTbbtf3YngJ

[Sharkchild @Sharkchild]

@GafferTapesol @PeterSchiff Cap2aAAKBbgfeQSbM4L9ZFDF6qNHeVEMSJTbbtf3YngJ

[Gaffer Tape @GafferTapesol]

If you appreciate the utilities of Gaffer Tape $GAF and would like to receive an aidrop:

1. Follow @GafferTapeSol
2. Like and RT this post
3. Drop your $SOL address in the comments below👇

@PeterSchiff

[Sharkchild @Sharkchild]

@beeple Yes, I do, but I also call it out for being stupid.

[Sharkchild @Sharkchild]

@cryptocom This is stated like an accomplishment, but that kind of means the sector is still small.

[The Forgotten Runiverse @RuniverseGame]

In 2024 we'll be launching four special gameplay events to advance the story of the Runiverse, give you chances to earn rewards, and provide feedback as the Forgotten Runiverse expands. The first event is New Foundations.

Details 👇or in our blog: https://t.co/Sp1b3CQLyR

[bearsnake 🍩 @bearsnake_21]

Forgotten Runes will set the bar for MMORPGs that normalize in-game digital asset ownership to the rest of the world.

2024 is going to be huge.

[bearsnake 🍩 @bearsnake_21]

With the success of the Shadows drop this week we proved Forgotten Runes is not only alive and healthy as ever but has the ability to tap into other chains and reach new audiences.

I think we see more eth based projects from the last cycle make similar moves but it’s important to remember we planted the seeds for this move almost a year ago.

The major take away for me is buyers are smarter having learned from their mistakes in the last bull. The bar is higher than ever which is a beautiful thing.

To be successful as a project you have to build with the Three I’s:

Intention
Integrity
Innovation

[Shadow Hats @TheShadowHats]

Shadows mint within the next two weeks

and yes: a Shadow Hat will be available

[Wolf Game @wolfdotgame]

As the winter winds blow, the circle of life reveals its harsh truths.

No creature is spared from its relentless grasp, not even the mighty Wolves.

Yet, from their demise arises a newfound fortune – Pelts.

What arcane possibilities might they unearth?

- The Shepherd

[Sharkchild @Sharkchild]

@mercenarymetal Love it so much! A treasure I get to carry through life.

[Sharkchild @Sharkchild]

One of the coolest things that happened this year was the release of the @mercenarymetal new album, for which I had spoken word on two tracks! You can see me there in the credits. 🤘