Runes Protocol protocol
Overview
Runes Protocol is a fungible token protocol on Bitcoin, created by Casey Rodarmor, that utilizes Bitcoin's UTXO model and opcodes for token minting and transfers. It is one of several token standards on Bitcoin, distinct from inscription-based approaches like BRC-20.
Within the DeFi Intel graph, Runes Protocol connects to 14 tracked entities, most strongly to Bitcoin, Bitcoin Fourth Halving, BRC-20.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 7 of 14 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Bitcoin | 95% |
launched_at | Bitcoin Fourth Halving | 95% |
competes_with | BRC-20 | 95% |
created_by | Casey Rodarmor | 95% |
hosts_token | DOG•GO•TO•THE•MOON | 95% |
hosts_token | UNCOMMON•GOODS | 95% |
listed_on | Magic Eden | 85% |
Frequently asked questions
What is Runes Protocol?
Runes Protocol is a standard for creating and transferring fungible tokens on the Bitcoin blockchain, using Bitcoin's native UTXO model and opcodes.
How does Runes Protocol differ from BRC-20?
Runes Protocol uses Bitcoin's UTXO model and opcodes directly, while BRC-20 relies on ordinal inscription theory and JSON-based operations on satoshis.
Who created Runes Protocol?
Runes Protocol was created by Casey Rodarmor, who also created the Ordinals protocol.
What is Runes Protocol connected to?
In the DeFi Intel knowledge graph, Runes Protocol is linked to 14 other tracked entities, most strongly to Bitcoin, Bitcoin Fourth Halving, BRC-20.
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