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Runes: Tokens on Bitcoin | Casey Rodamor

Bankless

CHAPTER

Exploring Runes on Bitcoin

This chapter delves into the mechanics of runes on the Bitcoin network, comparing them to Ethereum's transaction mechanisms. It discusses the creation of runes, the implications of naming conventions, and the innovative potential of features like a unique lottery system. The conversation also highlights the evolving trading ecosystem for these tokens and their impact on Bitcoin's scalability and usability.

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