The Bitcoin Runes protocol, a new UTXO-based fungible token standard proposed by Casey Rodarmor, creator of the Ordinals protocol, was launched alongside Bitcoin's fourth Halving on April 20, 2024. This protocol aims to facilitate the creation of fungible tokens on the Bitcoin blockchain, enhancing transaction revenue for miners. The launch has generated significant attention, with over 1.5 million Runes-related transactions and 8155 Runes etched within the first three days. Additionally, Magic Eden has introduced a marketplace for Runes, featuring new functionalities like splitting, analytics, and minting/etching to streamline BTC token trading.
Last week, we saw two historic moments in #Bitcoin - the 4th Bitcoin Halving, and the launch of Bitcoin Runes! Which Runes projects are you interested in and why? 👇
Runes made it to @MagicEden Are we bullish? 👀 https://t.co/Nw9enYidQM
What Are Bitcoin Runes and Why Is Everyone Talking About Them? A 🧵 Runes protocol was proposed by Casey Rodarmor, the creator of the Ordinals protocol, in a blog post published in September 2023. It aims to be a UTXO-based fungible token protocol, which allows the issuance and… https://t.co/3g9f6W2LFf
💡 Crypto Basics Rodarmor firmly believes that Runes can positively impact the #Bitcoin network, particularly in terms of transaction revenue for miners. How? Let's go deeper into Runes & its operation! 🔗 https://t.co/CbcLRL5AWo
The Daily Modern Market Snapshot: Tue 23 Apr Headlines 👉Magic Eden launches Runes marketplace to make it easier to trade Runes on BTC From @MagicEden: "Today we’re introducing Runes Table View: a customizable buying experience allowing you to control lot sizes and price… https://t.co/KnhAIToBb0
UPDATE: #BITCOIN RUNES-RELATED TRANSACTIONS SURPASS 1.5M WITH 8155 RUNES ETCHED, WITHIN THREE DAYS OF ITS LAUNCH ON APRIL 20
❇︎ What are Bitcoin Runes and why are they important for the future of blockchain? Find out how they blend historical significance with cutting-edge technology in our comprehensive guide. Check it out now ↓ https://t.co/LVMdN0Rjhb
UPDATE: Bitcoin Runes launches alongside Bitcoin's fourth Halving on April 20, 2024 and attracted a lot of attention within a short timeframe. What are Bitcoin Runes? Find out…↓ #Bitcoin #Blockchain (@ComposableD) https://t.co/AZnQCGe4os
Thoughts on @MagicEden’s Rune launch?
I wrote about @MagicEden's upcoming Runes marketplace. Here's the alpha on what features are coming soon (splitting, analytics, minting/etching) as well as some takes on early Runes trends we've been seeing. Read ⬇️ https://t.co/sOn3jJrxuN
Bitcoin Runes Launch on Magic Eden in Attempt to 'Streamline' BTC Token Trading ► https://t.co/oXY7VEKw3a https://t.co/oXY7VEKw3a
Exciting news in the #Bitcoin world! Bitcoin Runes, a fresh fungible token standard, debuted alongside the recent Bitcoin Halving! But wait, what are Bitcoin Runes and how do they fit in? Let's delve deeper! https://t.co/AN32x4QZpD
Runes on Bitcoin are exploding! But what #runes are best to buy and hold? 👇 Please share below (followers only). https://t.co/iJyAZpHrhI
Runes is a new token standard on #Bitcoin that makes it easier and more efficient for users to create fungible tokens on the blockchain. Learn how it works with our beginner-friendly guide ⬇️ https://t.co/Pdh7ATca3g
Crypto 101: what is the #Bitcoin Runes protocol? 🤔 Read about #Runes here👇 https://t.co/rbfxr2p3DO https://t.co/MUjaCfB7I7