The creator of Ordinals Protocol, @rodarmor, announced the release of Runes on Bitcoin, a new fungible token protocol. Runes are designed for degens and memecoins, competing with Taproot Assets and RGB. The protocol is self-contained and independent of ordinals or inscriptions.
Ordinals = #Edge 🧡🚀 https://t.co/GooGMSqYUv
Runes = #Edge 🪨🧡🚀 https://t.co/2xtWK0LNHD
Main takeaways from the 2 hour interview we just did with @rodarmor about Runes: ▣ The government, Ethereum, and BRC-20 all suck ▣ Still deciding if he will hardcode Runes 1-9 ▣ UNCOMMON•GOODS is the ticker for Rune 0 which is a non-utility memecoin that "you should not buy"…
⚡Casey Rodarmor Releases ‘ord 0.17.0’, Marks Runes Protocol Completion Founder of Bitcoin ordinals, @rodarmor , announced the release of “ord 0.17.0.”– a release encompassing the final implementation of Runes, alongside including a hard-coded genesis rune named… https://t.co/KG0efhrO6V
📣 The creator of Ordinals, @rodarmor, has announced that the hard-coded genesis Rune will be named... ▣ UNCOMMON•GOODS 1/ Here's the details you need to know, including if you can mint with Xverse on day 1? https://t.co/QWSxmrO71g
Runes were built for degens and memecoins, but the protocol is simple, efficient, and secure. It is a legitimate competitor to Taproot Assets and RGB. The protocol is self contained and has no dependencies on ordinals or inscriptions, making it extremely simple. Balances are…
Rune 0 is no longer the alpha. Rune 1 is the alpha (assuming an additional 9 aren’t hardcoded). Will Rune 1 be RSIC or Runestone? It’s going to take serious amounts of BTC to get Rune 1. RSIC might have the money & incentive to go for it. Tons of risk however. I lean…
We will be interviewing the creator of the Ordinals Protocol @rodarmor on The Ordinal Show tomorrow about the upcoming release of his new fungible token protocol on Bitcoin called Runes! https://t.co/C6PhBBI9NN
runes on bitcoin will have a strong launch but unlike ordinals which imo will no doubt outlive ethereum nfts, i don’t think runes stand any chance against solana memecoins