Bitflow 在 Stacks 网络上为 Rune 协议部署自动做市商 (AMM)

加密货币堕落者有一种新的——如果一切按计划进行的话，更快、更便宜、更安全——交易符文的方式，这是比特币生态系统对模因币的回应。

An automated market maker (AMM) for the Runes protocol is being deployed on Stacks. It will be the first AMM for such tokens on the Bitcoin layer-2 network.

Runes 协议的自动做市商 (AMM) 正在 Stacks 上部署。它将成为比特币第 2 层网络上此类代币的第一个 AMM。

The AMM went live on Wednesday, following the unveiling of Stacks' native BTC-backed asset sBTC on Tuesday.

继周二推出 Stacks 的原生 BTC 支持资产 sBTC 之后，AMM 于周三上线。

The teams behind decentralized exchange (DEX) Bitflow Finance and Bitcoin bridge Pontis are developing the AMM, a tool that facilitates trading through algorithmic means to improve liquidity. They announced the project Wednesday.

去中心化交易所 (DEX) Bitflow Finance 和比特币桥 Pontis 背后的团队正在开发 AMM，这是一种通过算法手段促进交易以提高流动性的工具。他们周三宣布了该项目。

The Runes protocol is a standard for issuing fungible tokens on Bitcoin, building on the work of Ordinals, which allowed data to be inscribed on small denominations of BTC, thus making each one unique and potentially valuable. In the same way that Ordinals could be considered a means of creating the Bitcoin equivalent of NFTs, Runes could be considered a venue for creating memecoins.

Runes 协议是在比特币上发行可替代代币的标准，它建立在 Ordinals 的工作基础上，它允许将数据刻在小面额的 BTC 上，从而使每一个都独一无二并具有潜在价值。就像序数可以被视为创建比特币 NFT 等价物的一种手段一样，符文也可以被视为创建 memecoin 的场所。

Runes launched in April, coinciding with Bitcoin's fourth halving event, and spurred a flurry of activity, paying 78.6 BTC ($8.18 million) in fees in the 90 minutes after the halving took place.

Runes 于 4 月推出，恰逢比特币第四次减半事件，并引发了一系列活动，在减半发生后的 90 分钟内支付了 78.6 BTC（818 万美元）的费用。

However, less than a month later, this excitement waned considerably, with fees dropping by more than 50%.

然而，不到一个月后，这种兴奋感就大大减弱了，费用下降了 50% 以上。

Bitflow's aim is for its AMM to help Runes scale and address some of the shortcomings holding it back such as slow transaction speeds, high fees, and sniping of pending transactions. Sniping is when users exploit the time lag in which a transaction is waiting to be added to a Bitcoin block, by removing them from the waiting room, then adding them back in with their own signature and a higher fee attached.

Bitflow 的目标是让其 AMM 帮助 Runes 扩展并解决一些阻碍其发展的缺点，例如交易速度慢、费用高以及挂起交易的拦截。狙击是指用户利用交易等待添加到比特币区块的时间延迟，将交易从等待室中删除，然后用自己的签名和更高的费用将其添加回来。

Bitflow is harnessing Stacks' Nakamoto upgrade. Stacks is one of several layer-2s that aim to allow smart contracts and other decentralized finance-related functions using Bitcoin as a base layer.

Bitflow 正在利用 Stacks 的 Nakamoto 升级。 Stacks 是旨在允许使用比特币作为基础层的智能合约和其他去中心化金融相关功能的多个 Layer-2 之一。

Stacks activated its Nakamoto upgrade in October. It is designed to speed up transaction times considerably by decoupling the L2's block production schedule from Bitcoin's.

Stacks 在 10 月份启动了 Nakamoto 升级。它旨在通过将 L2 的区块生产计划与比特币的区块生产计划脱钩来显着加快交易时间。

"Another key feature that Nakamoto unlocks is Bitcoin finality," Bitflow said. "After a transaction is confirmed, reversing it is at least as hard as reversing a Bitcoin transaction."

Bitflow 表示：“中本聪解锁的另一个关键功能是比特币的最终性。” “交易确认后，撤销它至少和撤销比特币交易一样困难。”

Bitflow is using the Bitcoin bridge Pontis to allow trading between BTC and Runes. Each trade is recorded in one Bitcoin block, which usually takes 10 minutes, and one Stacks block, which takes between five and 10 seconds.

Bitflow 正在使用比特币桥 Pontis 来允许 BTC 和 Runes 之间的交易。每笔交易都记录在一个比特币区块（通常需要 10 分钟）和一个 Stacks 区块（通常需要 5 到 10 秒）中。