First off, let me explain what runes are. They’re basically like the old-school version of emojis or texting shorthand. Instead of typing out “LOL” or “OMG,” people would carve these symbols into rocks and trees to communicate with each other. And just like how you can use different combinations of emojis to convey different emotions, runes have their own unique meanings too.
In the case of Tezos, we’re using a specific set of runes called “michelson” (pronounced mee-shell-SON) to write our little messages on the blockchain. And instead of carving them into rocks or trees, we’re typing them out in code and sending them over the internet.
So how does this all work? Well, let’s say you have some Tezos tokens (which are basically like digital money) that you want to send to someone else. Instead of just clicking a button on your computer screen or swiping left on your phone, you need to write out a little script using these michelson runes.
Here’s an example:
// This script is used to transfer Tezos tokens to another account.
// It starts by pushing the mutez type onto the stack, which represents a specific amount of Tezos tokens.
PUSH mutez
// The DROP instruction removes the top element from the stack, which in this case is the mutez type.
// This is necessary because the next instruction expects an amount of mutez to be on the stack.
DROP
// The amount of mutez to be transferred is then specified and the transfer is executed.
// This is not shown in the script, but it would involve using the TRANSFER instruction.
This might look like gibberish at first glance, but it actually means “send one michelson unit of Tezos (which is equal to about $0.50) and then delete the transaction.”
Now, I know what you’re thinking: why would anyone go through all this trouble just to send some money? Well, there are a few reasons. First off, it’s more secure than traditional banking systems because everything is encrypted and stored on a decentralized network (meaning no one person or company has control over the data).
Secondly, it’s faster and cheaper than using credit cards or wire transfers because there are no middlemen involved. And finally, it’s just plain cool to be able to write your own little scripts in code and send them over the internet like some kind of digital ninja warrior.
So if you ever find yourself lost in a sea of runes and wondering what they all mean, remember: michelson is not just for deciphering ancient texts or solving puzzles on TV game shows it’s also the future of finance!