Runes are fungible tokens that adhere to a new protocol developed by Casey Rodarmor, the creator of the Ordinals protocol. The aim is to address the issues encountered with the BRC-20 standard.
The difference with ordinals is that this new protocol to create NFTs within Bitcoin would not produce spam on the BTC blockchain.
But despite this, fees in the first 100 blocks after the Bitcoin halving have skyrocketed due to the issuance of these new NFTs within the BTC blockchain.
The difference with ordinals is that this new protocol to create NFTs within Bitcoin would not produce spam on the BTC blockchain.
But despite this, fees in the first 100 blocks after the Bitcoin halving have skyrocketed due to the issuance of these new NFTs within the BTC blockchain.
