🐳 This morning after the successful $BTC Halving, RUNES officially appeared.

-#BRC20surged last year.#RUNESand#BTCLayer2are trending!

🐳 What are runes?

- The Runes Protocol is a protocol for issuing alternative tokens on the Bitcoin network, created by Casey Rodarmor, founder of the Ordinals protocol.

- Rune is a protocol that allows users to easily create tokens on Bitcoin like Solana and Ethereum. Although the BRC-20 and SRC-20 token standards already exist, they are based on Ordinals theory, which could lead to the proliferation of UTXOs that spam Bitcoin,

- The main difference between the Runes protocol and other protocols for issuing tokens of a fungible nature lies in the use of the UTXO model.

🐳 Why do we choose Runes?

- BRC-20 operates on the Ordinals protocol, generating new UTXOs with each transaction. leading to spam as token volume and transaction volume increase. Unlike other protocols, BRC-20 token data is stored in Witness Data.

- The Runes protocol is different in that it stores data directly in UTXOs, making management more efficient. Using the UTXO model, Runes is user-friendly and compatible with UTXO-based scaling solutions such as the Lightning Network.

- Carving creates Runes similar to implementing ERC token contracts on Ethereum. Minting allows users to mint new Runes, and Transferring allows moving or burning Runes.

🐳 Advantages of Runes?

Below is a summary of some of the key features of the Runes Protocol:

1. Structure based on UTXO

2. No need to request external data

3. Optimize to minimize  UTXO spam

4. Improve transaction efficiency

5. User and developer friendly

6. Flexible balance storage and allocation

🐳 Bitcoin Rune so vơới BRC20

Like BRC-20, the Runes protocol allows for token creation on the Bitcoin blockchain. BRC-20 uses the Ordinals protocol – a technology that allows data to be attached to Bitcoin sat. Bitcoin Rune was introduced as an improvement to this design because it is less demanding on the resources of the Bitcoin network. Key differences exist between both designs in areas such as asset creation, routine operation, and adoption. The BRC-20 token has a first-mover advantage and has already seen significant adoption. Below is a summary of the differences between BRC-20 and Bitcoin runes