What are Runes? A Deep Dive into an Innovative Blockchain Protocol

RickyYang
CoinsBench
Published in
5 min readMay 4, 2024

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Origin of Runes

After Casey developed the Inscription Protocol, Domo based on it proposed the BRC20 protocol, designed for issuing ERC20-like tokens on the Bitcoin blockchain. The first BRC20 token, Ordi, at one point soared to $140 each. For those interested in understanding the BRC20 protocol, you might find my previous articles useful.

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