Franklin: Runes - Bitcoin's New Fungible Token Standard
Fungible tokens play an important role as the economic backbone of any decentralized network.
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Fungible tokens play an important role as the economic backbone of any decentralized network.
BTCFi is still in its early stages. It’s like going back in time to Ethereum DeFi before Uniswap was born in 2019-20, and there will be a lot of opportunities.
As a meta-protocol, the Runes protocol is not a token in itself, which is, as Casey said in the podcast, “where people create shitcoins on top of Bitcoin.”
Runes are coming! On-chain fees are going to soar! How to prepare your wallet?
Conservatively calculated comprehensive income is approximately $10,000, and non-conservatively calculated earnings total approximately $30,000.
Over the past year, the biggest story of web3 has been the explosion of the inscription ecosystem, the initial starting point of which was Ordinals, a technology that gives a unique serial number to each satoshi on BTC.
This article will explore the Runes protocol and ecology in depth, and look forward to the future ecology.
Most Runes speculators are primarily concerned with airdrop mining and have little understanding of how the protocol works. However, if you know a little, join me as I dive down the Runes rabbit hole.
If Ordinals and Atomicals, the two currently strongest BTC L1 protocols, were born when no one cared about them, then Runes was launched under the attention of the entire industry.
OKX Web3 Wallet pioneers by integrating ARC-20, SRC-20, DRC-20, and Runes, revolutionizing the Web3 industry with diverse tokens, zero-fee NFT trading, and post-Bitcoin halving prospects.