During my degree in Information Engineering, I cultivated a deep interest in blockchain technologies, which I explored independently. This thesis examines recent innovations on Bitcoin such as Ordinals (2022) and Runes protocol (2024), I chose this topics driven by personal curiosity and professional aspirations. Academically, it enhances my technical understanding of Bitcoin’s evolving ecosystem, while professionally, it positions me within the expanding field of decentralized systems. Due to the recent emergence of these technologies, relevant academic literature is hard to find, so this study draws on web-based sources (white papers, developer documentation, and direct posts from interested people when available) and practical experiments, such as inscribing satoshis and issuing Runes tokens. Ordinals and Runes leverage Bitcoin’s security and decentralization to expand its functionality, aligning with trends in modern Distributed Ledger Technologies (DLTs) while raising concerns about scalability and network congestion. The study concludes an outlook on their future development, highlighting their potential to enhance Bitcoin’s ecosystem and the challenges that must be addressed for sustainable adoption.

During my degree in Information Engineering, I cultivated a deep interest in blockchain technologies, which I explored independently. This thesis examines recent innovations on Bitcoin such as Ordinals (2022) and Runes protocol (2024), I chose this topics driven by personal curiosity and professional aspirations. Academically, it enhances my technical understanding of Bitcoin’s evolving ecosystem, while professionally, it positions me within the expanding field of decentralized systems. Due to the recent emergence of these technologies, relevant academic literature is hard to find, so this study draws on web-based sources (white papers, developer documentation, and direct posts from interested people when available) and practical experiments, such as inscribing satoshis and issuing Runes tokens. Ordinals and Runes leverage Bitcoin’s security and decentralization to expand its functionality, aligning with trends in modern Distributed Ledger Technologies (DLTs) while raising concerns about scalability and network congestion. The study concludes an outlook on their future development, highlighting their potential to enhance Bitcoin’s ecosystem and the challenges that must be addressed for sustainable adoption.

Esplorazione dei recenti progressi tecnologici nella rete Bitcoin

ZANELLA, EDOARDO
2024/2025

Abstract

During my degree in Information Engineering, I cultivated a deep interest in blockchain technologies, which I explored independently. This thesis examines recent innovations on Bitcoin such as Ordinals (2022) and Runes protocol (2024), I chose this topics driven by personal curiosity and professional aspirations. Academically, it enhances my technical understanding of Bitcoin’s evolving ecosystem, while professionally, it positions me within the expanding field of decentralized systems. Due to the recent emergence of these technologies, relevant academic literature is hard to find, so this study draws on web-based sources (white papers, developer documentation, and direct posts from interested people when available) and practical experiments, such as inscribing satoshis and issuing Runes tokens. Ordinals and Runes leverage Bitcoin’s security and decentralization to expand its functionality, aligning with trends in modern Distributed Ledger Technologies (DLTs) while raising concerns about scalability and network congestion. The study concludes an outlook on their future development, highlighting their potential to enhance Bitcoin’s ecosystem and the challenges that must be addressed for sustainable adoption.
2024
Exploring Recent Technological Advancements in the Bitcoin Network
During my degree in Information Engineering, I cultivated a deep interest in blockchain technologies, which I explored independently. This thesis examines recent innovations on Bitcoin such as Ordinals (2022) and Runes protocol (2024), I chose this topics driven by personal curiosity and professional aspirations. Academically, it enhances my technical understanding of Bitcoin’s evolving ecosystem, while professionally, it positions me within the expanding field of decentralized systems. Due to the recent emergence of these technologies, relevant academic literature is hard to find, so this study draws on web-based sources (white papers, developer documentation, and direct posts from interested people when available) and practical experiments, such as inscribing satoshis and issuing Runes tokens. Ordinals and Runes leverage Bitcoin’s security and decentralization to expand its functionality, aligning with trends in modern Distributed Ledger Technologies (DLTs) while raising concerns about scalability and network congestion. The study concludes an outlook on their future development, highlighting their potential to enhance Bitcoin’s ecosystem and the challenges that must be addressed for sustainable adoption.
Bitcoin
Ordinal theory
Utxo
Inscriptions
Runes
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/20.500.12608/82613