🚧Issuance example

Goal: Issuance $RUNE. total supply 21,000,000

Calculate the first data in protocol message

The first data push in a protocol message is decoded as a sequence integers. These integers are interpreted as a sequence of (ID, OUTPUT, AMOUNT) tuples Integers are encoded as prefix varints, where the number of leading ones in a varint determines its length in bytes. There is many types of prefix varints, and here is the Bitcoin style

To issue 21000000 rune we use this tuple [0 , 1, 21000000].

But why [0 , 1, 21000000] ?

• First Integer in tuple is ID 0 for Issuance transaction

• Second Integer in tuple mapped to output index 1 of transaction

• Third Integer in tuple is amount to issue 21000000

function encodeBitcoinVarInt(value) {
  if (value < 0xfd) {
    return [value];
  } else if (value <= 0xffff) {
    return [0xfd, value & 0xff, (value >> 8) & 0xff];
  } else if (value <= 0xffffffff) {
    return [0xfe, value & 0xff, (value >> 8) & 0xff, (value >> 16) & 0xff, (value >> 24) & 0xff];
  } else {
    return [
      0xff,
      value & 0xff,
      (value >> 8) & 0xff,
      (value >> 16) & 0xff,
      (value >> 24) & 0xff,
      (value >> 32) & 0xff,
      (value >> 40) & 0xff,
      (value >> 48) & 0xff,
      (value >> 56) & 0xff,
    ];
  }
}

function encodeBitcoinVarIntTuple(tuple) {
  const encodedBytes = tuple.map(encodeBitcoinVarInt).flat();

  // Convert the bytes to a hexadecimal string
  const hexString = encodedBytes.map(byte => byte.toString(16).padStart(2, '0')).join('');

  return hexString;
}

Here is data of tuple [0, 1, 21000000] after prefix varints Bitcoin-style encode

0 => 00
1 => 01
21000000 => fe406f4001

[0, 1, 21000000] => 0001fe406f4001

Calculate the first data in protocol message

The second data push is decoded as two integers, SYMBOL, DECIMALS

SYMBOL is a base 26-encoded human readable symbol, similar to that used in ordinal number sat names. The only valid characters are A through Z.

Ordinal names are a modified base-26 encoding of ordinal numbers. To avoid locking short names inside the unspendable genesis block coinbase reward, ordinal names get shorter as the ordinal number gets longer. The name of sat 0, the first sat to be mined is nvtdijuwxlp and the name of sat 2,099,999,997,689,999, the last sat to be mined, is a.

// Some code
const bb26 = require("base26");

const text = 'rune';

const formatOrdinalBase26 = (text) => {
 const result = (2099999997689999 + 1 - bb26.from(text));
 return result;
};

Here is data of tuple [RUNE, 18] after prefix varints Bitcoin-style encode

RUNE => 2099999997359067 => ffdbf3de59dbf3de59
18 => 12

[RUNE, 18] => ffdbf3de59dbf3de5912

Last result of Protocol message

OP_RETURN 52 0001fe406f4001 ffdbf3de59dbf3de5912