𝐖𝐡𝐚𝐭 𝐢𝐬 #RUNES 🌟 👉The Runes Protocol is a token sta

LIVE

Bitcoin Gurukul

صاعد

--・3.8k views

𝐖𝐡𝐚𝐭 𝐢𝐬 #RUNES 🌟 👉The Runes Protocol is a token standard on #Bitcoin that gives users a more efficient way of creating fungible tokens. They are set to launch in April 2024 on block 840,000. Basically its like an ERC20 token but on Bitcoin. 👉The Runes Protocol has been created by bitcoin developer @rodarmor. Rodarmor is also the creator of the Ordinals Protocol. 𝐇𝐎𝐖 𝐃𝐎 𝐁𝐈𝐓𝐂𝐎𝐈𝐍 𝐑𝐔𝐍𝐄𝐒 𝐖𝐎𝐑𝐊?🌟 👉 #Runes is a simple protocol with minimal on-chain footprint and responsible UT XO management. 👉 Runes is different from the BRC-20 token standard, which is complex and not UTXO-based. The goal of Runes is to replace less efficient Ordinals based BRC-20 token standard. Follow @BitcoinGurukul for Super Early updates.

𝐖𝐡𝐚𝐭 𝐢𝐬 #RUNES 🌟
👉The Runes Protocol is a token standard on #Bitcoin  that gives users a more efficient way of creating fungible tokens. They are set to launch in April 2024 on block 840,000. Basically its like an ERC20 token but on Bitcoin.
👉The Runes Protocol has been created by bitcoin developer @rodarmor. 
Rodarmor is also the creator of the Ordinals Protocol.
𝐇𝐎𝐖 𝐃𝐎 𝐁𝐈𝐓𝐂𝐎𝐈𝐍 𝐑𝐔𝐍𝐄𝐒 𝐖𝐎𝐑𝐊?🌟
👉 #Runes is a simple protocol with minimal on-chain footprint and responsible UT XO management.
👉 Runes is different from the BRC-20 token standard, which is complex and not UTXO-based.
The goal of Runes is to replace less efficient Ordinals based BRC-20 token standard.
Follow @Bitcoin Gurukul  for Super Early updates.