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Runes: Tokens on Bitcoin | Casey Rodamor

Bankless

Exploring Inscriptions and Runes in Bitcoin Transactions

26min Snip

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The chapter delves into the technical aspects of Bitcoin transactions, focusing on how ordinals, inscriptions, and runes add layers of meaning to transactions without altering the Bitcoin protocol itself. It highlights the use of opertons and rune stones for efficient data storage and customization in UTXOs, contrasting Bitcoin's UTXO model with Ethereum's account model. The discussion emphasizes the impact of runes on the fee market and security defense of Bitcoin, showcasing the evolution towards a more vibrant and inclusive Bitcoin culture.

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