Ordinals founder: Runes is built for degens and memecoins, a competitor to Taproot Assets and RGB
Deeptide TechFlow news, Ordinals founder Casey tweeted that Runes was built for degens and memecoins, but the protocol is simple, efficient and secure. It is a legitimate competitor to Taproot Assets and RGB.
It does not rely on ordinarys or inscriptions, and balances are stored in UTXOs, which can be locked on the Lightning Network. Runes names are optional, if no name is specified a reserved name is assigned.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The White House is reviewing the proposed crypto asset reporting framework
Investment bank TD Cowen: SEC to enter a critical regulatory period, Chairman Atkins will lead crypto rulemaking
Bloomberg ETF analyst: Grayscale may launch its first Dogecoin ETF
Data: BitMine currently holds approximately 3.56 million ETH, with an unrealized loss of $2.98 billion.
Trending news
MoreCrypto prices
More
