What is the Runes Protocol on Bitcoin?
The Runes Protocol is a streamlined, native token standard for Bitcoin designed to facilitate the creation and management of fungible tokens. Developed by Casey Rodarmor—the creator of Ordinals—Runes utilizes Bitcoin’s Unspent Transaction Output (UTXO) model to minimize network congestion and provide a more efficient alternative to the BRC-20 standard. Efficiency by Design: The UTXO Model...
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
