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News Explorer — Bitcoin Runes Protocol Launch Sparks Race to Mint Its First Tokens

Generated by AI, curated by humans

Apr 19, 7:08 pm

Decrypt

Bitcoin Runes Protocol Launch Sparks Race to Mint Its First Tokens

The launch of the new Bitcoin Runes protocol alongside the Bitcoin halving has sparked a race among project creators to mint the first tokens on the protocol. Runes is a more efficient fungible token protocol on Bitcoin, created by the inventor of the Ordinals protocol. Collectors and traders are eager to secure low numbers on the new protocol, as early tokens are seen as valuable.

The launch of the new Bitcoin Runes protocol alongside the Bitcoin halving has sparked a race among project creators to mint the first tokens on the protocol. Runes is a more efficient fungible token protocol on Bitcoin, created by the inventor of the Ordinals protocol. Collectors and traders are eager to secure low numbers on the new protocol, as early tokens are seen as valuable.

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