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Runes: Tokens on Bitcoin | Casey Rodamor

Bankless

CHAPTER

Navigating Bitcoin's Block Size and Token Innovations

This chapter explores the limitations of Bitcoin's block size and the complexities of accommodating diverse transactions. It discusses the effects of SegWit and Layer 2 solutions like the Lightning Network on transaction capacity while examining the rise of new protocols such as 'Runes.' The conversation delves into how these developments may influence the future of token standards and the potential for increased transaction fees within Bitcoin's evolving financial landscape.

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