Oyl | Building Alkanes
@oylwallet
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refining bitcoin’s raw blocks into utility. alkanes power function, programmability, and flow. built w/ @sandshrewRPC & @airheadfun. smarter UTXO in the wallet.
Joined March 2023
Today, we’re introducing ALKANES, a metaprotocol that brings smart contracts to Bitcoin L1. Built on the foundation of Runes and inspired by the incredible work of Casey, Domo, and others, ALKANES marks the next experiment in Bitcoin’s evolution. With ALKANES, developers can deploy trustless, fully on-chain applications using UTXOs and WebAssembly. It’s designed to enable programmable assets, tokenomics, and decentralized applications—all secured by Bitcoin. ALKANES is open, permissionless, and built for flexibility. Its unopinionated design gives developers the freedom to define custom rules for distribution, tokenomics, onchain incentives, and decentralized applications Some of the initial projects building on ALKANES include: 🟧 an AMM by @oylwallet 🟧 BTC staking derivatives by @SUBFROSTio 🟧 MEV tools + mempool protection by @RebarLabs 🟧 Bitcoin-backed stablecoins by @BoundUSD 🟧 Trustless zk bridge supported by @Starknet + @karnotxyz This is early-stage software, but the foundation is here. Developers can get started today with open access to the indexer, ALKANES RPC, and the OYL SDK. Dive into the docs to learn more and start building.
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RT @QwQiao: if i could give one suggestion to the up and coming high throughput chains, it’s that they should consider fully owning the dev…
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RT @daydreamsagents: Blockchain's oldest civilisation, Bitcoin, is starting to look like a world of the future. First smart contracts with…
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RT @daydreamsagents: Daydreams agents are coming to Bitcoin with ALKANES Dapps on Bitcoin felt like sci-fi, but ALKANES unleashes smart co…
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RT @Web3zy: Porting memes to other chains is a zero-sum game. We need originality. Runes and Ordinals on Bitcoin are just the beginning, l…
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Join us today @ 10:30am ET to learn about Alkanes and smart contracts on Bitcoin
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@jin_maa @niner0526 Yes. With orbitals (think ordinals on alkanes) you can have dynamic non-fungibles that use react to on chain data.
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RT @isabelfoxenduke: Interviewing the Alkanes / ProtoRunes team on Bitcoin Rails on Friday... what do you wanna know?
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