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๐–๐ก๐š๐ญ ๐ข๐ฌ #RUNES ๐ŸŒŸ ๐Ÿ‘‰The Runes Protocol is a token standard on #Bitcoinย  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. ๐Ÿ‘‰The Runes Protocol has been created by bitcoin developer @rodarmor. Rodarmor is also the creator of the Ordinals Protocol. ๐‡๐Ž๐– ๐ƒ๐Ž ๐๐ˆ๐“๐‚๐Ž๐ˆ๐ ๐‘๐”๐๐„๐’ ๐–๐Ž๐‘๐Š?๐ŸŒŸ ๐Ÿ‘‰ #Runes is a simple protocol with minimal on-chain footprint and responsible UT XO management. ๐Ÿ‘‰ 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.

๐–๐ก๐š๐ญ ๐ข๐ฌ #RUNES ๐ŸŒŸ

๐Ÿ‘‰The Runes Protocol is a token standard on #Bitcoinย  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.

๐Ÿ‘‰The Runes Protocol has been created by bitcoin developer @rodarmor.

Rodarmor is also the creator of the Ordinals Protocol.

๐‡๐Ž๐– ๐ƒ๐Ž ๐๐ˆ๐“๐‚๐Ž๐ˆ๐ ๐‘๐”๐๐„๐’ ๐–๐Ž๐‘๐Š?๐ŸŒŸ

๐Ÿ‘‰ #Runes is a simple protocol with minimal on-chain footprint and responsible UT XO management.

๐Ÿ‘‰ 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.

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
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