In its inaugural week, the Runes protocol – which allows fungible tokens to be created on the Bitcoin network – launched with considerable success, amassing a staggering $346 million market cap. Yet, ...
Bitcoin Runes is a protocol designed to create fungible tokens on the Bitcoin blockchain, leveraging the unspent transaction output model (UTXO) and the OP_RETURN opcode. This innovation aims to ...
Bitcoin's next quadrennial halving is imminent – now likely to happen Friday or early Saturday. But a large number of the 15-year-old blockchain's developers and users are turning their attention to ...
Casey Rodamor, the creator of the Ordinals protocol and reference implementation, recently dropped a proposal for a replacement to the BRC-20 fungible token protocol: Runes. It took roughly seven ...
None of the protocols operating on the Bitcoin network have been able to match the original Bitcoin in terms of the total number of daily transactions for an extended period, according to new data.
Despite generating hundreds of thousands of dollars in daily fees, Runes has only surpassed $1 million in total fees twice in the last 12 days. Activity on the Runes protocol has significantly ...
Casey Rodarmor, the mad genius creator behind Bitcoin Ordinals, has largely avoided the spotlight since March. A month and a half after launch, the Ordinals protocol exceeded any developer’s wildest ...
The Runes protocol, enhancing Bitcoin through faster, cheaper transactions, is set to launch following Bitcoin's upcoming halving. Originally an Ordinals token, PUPS plans to migrate to the Runes ...
Activity on the Bitcoin Runes protocol has slowed over the past week, a sign it has failed to generate meaningful traction among users despite a stellar start last month. Runes takes the Ordinals ...
The fourth Bitcoin halving may be considered to be the most memorable, as industry experts believe this event was unlike any other. Bitcoin miners, in particular, were pleasantly surprised, as the ...