Research
Building an Improved Runes Marketplace Using OP_CAT

Building an Improved Runes Marketplace Using OP_CAT

Bitcoin

By

LimeChain

15 Minutes to Read

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Contrary to popular perception, Bitcoin is not static—it is a dynamic and ever-evolving ecosystem. The rise of Ordinals and Runes demonstrates Bitcoin's potential to expand beyond its perceived use case as digital gold, offering new opportunities for innovation. Adding to this mix, Bitcoin Layer 2 (L2) solutions have further transformed capabilities by unlocking efficient scaling, much like Ethereum's L2.

At LimeChain, we are committed to exploring the advancements within Bitcoin's ecosystem. Recently, we completed a research project funded by the Starkware OP_CAT Research Fund. This research focused on improving fungible token (Runes) trading on Bitcoin using the proposed OP_CAT (Opcode Concatenate) - an opcode that enables more advanced Bitcoin scripting.

Our research seeks to demonstrate OP_CAT's capabilities and potential to make the Runes marketplace more efficient, user-friendly, and scalable.