What is the origin of RSIC, which just ended its airdrop?

Original author: Lilyanna Bitcoin

Editor's note: RSIC is a Bitcoin-based peer-to-peer runic allocation system, the core of which is a digital game. Players obtain runes by managing and operating RSIC tokens, which will be "engraved" on the Bitcoin network at some point in the future. As of the time of writing, RSIC is priced at 0.0322 BTC. Cryptocurrency blogger Lilyanna Bitcoin has introduced and analyzed this project on X, and BlockBeats has compiled the full text below:

RSIC is actually a mining certificate, mining for a certain token on Runes (which will be deployed by the project party in a fixed cap form around April and distributed to different addresses according to given rules).

The airdrop rules have not been made public yet, but the airdrop has already been completed. If you haven't received it, then you missed out.

First, let's focus on the key points.

- Remember to activate the airdrop as soon as possible (you can activate it by forwarding this inscription once, to yourself or to someone else). Tokens purchased on the market are already activated by default and do not require any further action. - The number of tokens mined is directly proportional to the holding time, meaning the longer you hold them, the more shares you can get.

- Whether this project can take off depends heavily on the construction of the project party behind it, and whether they can deploy and allocate the tokens on Runes as scheduled. It is a completely centralized project.

下面具体讲讲这个项目的原理~

Here is a detailed explanation of the project's principle~

The content you provided is:

涉及到的元素

The elements involved

- #126 (Great-grandfather Inscription): An inscription that reads "deploying more inscriptions", suspected to be held by Bitcoin Rocks.

- RSIC Factory (Grandfather Inscription): Used for the production of RSIC distribution center. It has been sent to the Satoshi Nakamoto address (which means the project team has destroyed the inscription and cannot use it to continue producing its sub-inscriptions). (Metaprotocol is also used in the Grandfather Inscription.)

- RSIC Distribution Center: Used for producing RSIC, there are a total of 10 distribution centers, all of which have been deposited into the Satoshi Nakamoto address, as mentioned above.

- RSIC: Rune Specific Inscription Circuits, which roughly means a device specifically designed for rune inscriptions. This is the NFT that everyone holds in their hands, with a total of 21,000 units (of which 10% are reserved by the project team).

- Rune: The tokens that the project team mentioned will be distributed to everyone (i.e. the tokens that everyone mines). Currently, there is no public name for these tokens, so they are temporarily referred to as RS tokens (to distinguish them from Rune). They will be deployed and distributed after the Runes protocol goes live on the mainnet at block 840000.

Interesting Design:

- Holding an activated RSIC will earn at least 21 RS tokens per block, so the longer you hold it, the more tokens you will receive. Even if you sell it, the quota during the holding period will still be recorded in your wallet.

- Each RSIC inscription has a symbol in the lower right corner, which corresponds to different numbers and letters. When the last digit of the block hash value of a certain block is the same as your RSIC symbol, you can get 336 RS tokens in this block, and the symbol in the lower right corner of the NFT will be highlighted and turned yellow at this time.

- Each rsic inscription references the same Javascript inscription, which will fetch the block hash of the latest block and analyze whether the last digit matches the symbol in the lower right corner of the rsic. When they match, the style is changed (to yellow). The owl inscription of BRC333 also uses a similar setting, recursively accessing the Javascript inscription to achieve the change of the inscription over time.

- The project team will soon launch a dashboard for users to check their RS token allocation quota. You don't need to keep staring at the NFT to see if it changes color. Just go to the official website to check your quota and records.

- There is still a hidden surprise that has not been revealed. The boost logic mentioned in the whitepaper will be engraved on the block with the height of 4703400000000 in the future.

Points being discussed by everyone

Is this the first Rune token?

Most likely, the competition will be fierce for the 840000 block, and no one can guarantee that they will be the first to deploy the Rune token. The original text is "this is the first Rune on Bitcoin", not the first "Rune token", so there is some ambiguity here. The project may want to express that this is the first rune on Bitcoin, not the first Rune token. Anyway, this doesn't seem like a point that can be hyped up.

Is this project deployed by Casey?

Definitely not. Let's not even talk about Casey's obsession with Baldur's Gate 3 and lack of time. Based on Casey's personality, he wouldn't work on a project that isn't Fair Mint, especially not on his polished Runes protocol that he's been working on for half a year. The screenshot that everyone is sharing, claiming that Casey deployed it because the project's website redirects to http://ordinals.com, is completely unfounded. Otherwise, following this logic, you could also buy a domain name for Music Box right now and redirect it to Elon Musk's Twitter, claiming that Music Box was deployed by Musk.

Why do you need to activate?

It is speculated that the project party is trying to remove the dormant wallet from the distribution denominator by transferring it to themselves or others once, which proves that the wallet is active (buying and selling is also a form of transfer, which can also prove your activity).

Reference：

https://twitter.com/SanjFomojis/status/1749594506549481696

https://geniidata.com/ordinals/inscription/68a979797ff7a0b753bcf97e10d2b5993725de54bc6bbab0ce6b559af7e2053ci0?ref=L64PBG

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