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Update runes.md docs #3681

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9 changes: 6 additions & 3 deletions docs/src/runes.md
Original file line number Diff line number Diff line change
Expand Up @@ -27,7 +27,7 @@ A transaction output may hold balances of any number of runes.

Runes are identified by IDs, which consist of the block in which a rune was
etched and the index of the etching transaction within that block, represented
in text as `BLOCK:TX`. For example, the ID of the rune minted in the 20th
in text as `BLOCK:TX`. For example, the ID of the rune etched in the 20th
transaction of the 500th block is `500:20`.

Etching
Expand All @@ -38,8 +38,8 @@ properties. Once set, these properties are immutable, even to its etcher.

### Name

Names consist of the letters A through Z and are between one and twenty-eight
characters long. For example `UNCOMMONGOODS` is a rune name.
Names consist of the letters A through Z and are between one and twenty-six
letters long. For example `UNCOMMONGOODS` is a rune name.

Names may contain spacers, represented as bullets, to aid readability.
`UNCOMMONGOODS` might be etched as `UNCOMMON•GOODS`.
Expand All @@ -48,6 +48,9 @@ The uniqueness of a name does not depend on spacers. Thus, a rune may not be
etched with the same sequence of letters as an existing rune, even if it has
different spacers.

Spacers can only be placed between two letters. Finally, spacers do not
count towards the letter count.

### Divisibility

A rune's divisibility is how finely it may be divided into its atomic units.
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