The new update for Omnity aims to reduce network congestion and support the Bitcoin network’s expansion into broader economic functions. It introduces core functionality for Runes tokens, enabling their transfer between different chains through the use of a twin token.
This approach ensures the integrity and functionality of Runes assets across chains. In addition to interoperability, the Omnity development team also has expertise in shared security and restaking.
There has been speculation about the network moving towards paying miners mostly through transactional activity, as evidenced by record revenue from fees on halving day. Omnity clarified that only on peak days will the figure reach 30%.
