What is bitcoin RUNE and what does it work for?

The Runes protocol, created by Casey Rodarmor, establishes a standard for creating tokens in Bitcoin without generating spam.

By Andrea Leal

RUNE, or in Spanish “Runas”, is a token standard in Bitcoin that facilitates the creation and transaction of fungible tokens on this network. That is, it is a protocol similar to Ethereum's ERC-20 or Bitcoin's BCR-20, which allows

developers and users generate stablecoins, memecoins or other assets representative of decentralized finance (DeFi). In the particular case of RUNE, this standard has been created based on the functions and elements of the Bitcoin network - such as UTXOs - to optimize the registration and operations with these tokens.

The Runes protocol makes it easy to create stablecoins, memecoins, and native tokens on Bitcoin.

Runes began to be used in block 840,000 of the Bitcoin network.

The standard uses Bitcoin UTXOs to enroll new tokens to the network without spamming information.

The tool has had notable success, with the registration of 700 tokens on the first day.

Due to the token craze, Bitcoin has seen an all-time high in fees.

To better understand how RUNE works, it is essential to know what a token standard is on a network like Bitcoin, Ethereum or Solana. Cryptocurrency networks have programmable features, a series of elements that allow

create new assets of value, additional to their native currencies (BTC, ETH or SOL). To carry out this function in an orderly manner and facilitate programming between developers, a consensus of rules is usually reached that serve as a guide so that all tokens