币界网报道：Alkanes is a new Bitcoin-based protocol developed by Oyl Corp. It introduces trustless smart contract functionality at the base layer without relying on bridges or external execution layers. Alkanes uses Bitcoin's witness data and OP_RETURN fields to execute and track state changes. It is similar to Ordinals and Runes, but adds support for WASM-based smart contracts. Execution and state transitions are handled through an index framework, and on-chain activities are associated with Bitcoin block finality. According to the jinmaa data panel, Alkanes is the third largest protocol in terms of daily transactions on the Bitcoin network after Runes and BRC-20, with a peak of 159,700 transactions on June 18. [Decrypt]