fourth halving is here, activating the much-awaited Runes protocol. Like Bitcoin Ordinals, market watchers expect the new protocol to re-ignite interest in Bitcoin and bring more users to the network.. This means it can be used to make a wide range of assets from memecoins to governance tokens on the Bitcoin network.“We are excited to see if Runes can do for Bitcoin’s fungible token and DeFi market what Ordinals did for Bitcoin’s non-fungible token market.
Casey Rodarmor, the Bitcoin developer behind the Ordinals protocol, is also the creator of the Runes protocol. Ergo, the question – Can it repeat the Ordinals’ success and boost BTC;s value?Bitcoin Ordinals’ market cap is now worth over $2 billion and is touted as a “cultural shift” in the Bitcoin network.
It’s worth pointing out that the creator of Ordinals and Runes, Casey Rodarmor, isn’t sure about how Bitcoin maxis will react to Runes after the Bitcoin halving. He“I don’t want them to like Inscriptions or Runes, but I think they shouldn’t care. Bitcoin is money for enemies.”
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CryptoAmb - 🏆 22. / 68 Read more »
Source: CryptoAmb - 🏆 22. / 68 Read more »