Runes prices

Runes market prices

Q: Who created Bitcoin Runes?

Casey Rodarmor, a well-known developer, is the creator of the Runes Protocol, which was launched in April 2024. He is also renowned for developing the Ordinals feature on the Bitcoin blockchain. Casey's involvement adds credibility and excitement to the project, given his strong track record in developing innovative solutions for Bitcoin. His active participation in the core team has generated trust and enthusiasm within the Bitcoin community, making the Runes Protocol highly anticipated.

Q: How does the Runes Protocol improve upon the BRC-20 token standard?

The Runes Protocol improves upon the BRC-20 token standard by addressing the main issue of creating surplus 'junk' UTXOs that can clog the Bitcoin network. It achieves this by leveraging Bitcoin's native on-chain data storage and utilizing the OP_RETURN part of transactions, resulting in cleaner and more efficient transactions. This approach reduces network congestion, leading to faster, more reliable, and less expensive transactions. Furthermore, the protocol's compatibility with the Lightning Network further enhances transaction speed and reduces costs.

Q: What are UTXOs and how do they relate to the Runes Protocol?

UTXOs, or Unspent Transaction Outputs, represent remaining Bitcoin amounts from prior transactions that have not been spent. The Runes Protocol utilizes UTXOs to generate new transactions, ensuring each Bitcoin's traceability to its origin. This approach enhances security and authenticity by mitigating the risk of coin duplication. Leveraging UTXOs, the Runes Protocol maintains a streamlined and efficient transaction system, thereby improving the overall user experience on the Bitcoin network.

Q: How does the Runes Protocol enhance security and stability for Bitcoin transactions?

The Runes Protocol enhances security and stability for Bitcoin transactions by utilizing UTXO for on-chain data storage. This approach reduces security vulnerabilities and ensures stronger safety features. Additionally, Runes is more resistant to blockchain reorganizations, thereby providing greater transaction stability and a more secure, reliable platform for users

Q: How can one buy, sell, and view Runes?

To engage with Runes, users need a Runes-compatible Bitcoin wallet, a supply of Bitcoin for transactions, and can utilize platforms like Bitget for token management.

Q: What Is the significance of the Runestone NFT project in the context of Runes?

The Runestone NFT project airdropped free Runestones to wallets with three or more digital items before its launch, creating excitement and drawing a larger audience to the Runes ecosystem. Runestones act as a gateway for users to acquire Runes, improving accessibility and encouraging participation. The project's success highlights the potential for broad adoption and community engagement, aligning with Bitcoin's mission of economic freedom and inclusivity.

Q: What benefits does Lightning Network compatibility bring to the Runes Protocol?

Lightning Network compatibility enables Runes transactions to circumvent delays and high fees typically associated with the Bitcoin network. This additional layer built on top of Bitcoin facilitates faster and more cost-effective transactions by processing micropayments off-chain and settling them on the Bitcoin blockchain. For users, this translates to enhanced transaction efficiency, reduced costs, and improved scalability. Integrating Lightning Network compatibility enhances the usability and appeal of Runes, making it a more practical and attractive option for conducting token transactions on the Bitcoin network.

About Runes

The Bitcoin Runes protocol is a new fungible token standard on Bitcoin, launched at the end of April 2024 by Casey Rodarmor. This protocol aims to simplify the creation and management of fungible tokens on the Bitcoin network. Unlike Bitcoin's Ordinals protocol, which embeds unique, non-replaceable tokens permanently onto satoshis, Runes issues interchangeable tokens embedded onto satoshis. Bitcoin Runes operates on a UTXO-based protocol, where each transaction begins by selecting unspent Bitcoin pieces to create new transactions. This approach ensures the uniqueness and authenticity of each Bitcoin by tracing its origin back to creation, preventing unauthorized duplication. This feature provides confidence that any Bitcoin owned or transacted is genuine and verifiably yours.

BRC-20 ARC-20 Runes

All Runes tokens

22,486 tokens

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Tick	Price	24h change	Market cap	Volume (24h)	Holders	Transaction

PATHFINDER•PIONEER	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
LORD•OF•THE•STONE	$0.0001930 0.2000 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
XWNYHPNADDOTUVEGJF	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
BPVMFIWJJREU	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
PI•NETWORKS	$0.{9}1931 0.{6}2000 Sats	0.00%	$578,862.08 6	$0.00 0.00	307	5
ZBYEJXKFSFOD	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	3	-
INEVITABLITY	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	2	-
PARTY•RUNES	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
FLDWFNEBSMIIXEPGI	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
BITCOIN•TREASURY•COMPANY	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
STRATEGY•WORLD	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
RINGCENTRAL	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
SYNOPSYS•INC	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
FEYENOORD•ROTTERDAM	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
STRATEGY•AI	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
GODNIDO•ID•NZBU•TEST	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
FOOTBALL•CLUB•AJAX	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
REAL•SOCIEDAD	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
ATHLETIC•CLUB	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
GUARANI•FUTEBOL•CLUBE	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
ATLETICO•GOIANIENSE	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
SOUTHAMPTON	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
CHAPECOENSE	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
AA•PONTE•PRETA	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
CR•VASCO•DA•GAMA	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
EC•JUVENTUDE	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
PASSIONATE	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
PARTY•POKER	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
CHACHING•BANK•BTC	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
TOS•ABCD•ABCD•ABCD	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
XASYNKBKKHWS	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
SAIKO•HAMSTER•RUNE	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	61	-
PIZZA•HUT•LLC	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
TOYOTA•MOTOR	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
CALVIN•KLEIN	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
PACO•RABANNE	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
GUCCIO•GUCCI	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
SUBWAY•IP•LLC	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
DEEPAK•SEEK•AI	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
DEEPA•SEEK•AI	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
WHITE•HOUSE•TECH•SUPPORT	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
ICP•WORLD•COMPUTER	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
TRUST•WALLET	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	2	-
HTKEBXAQJLZC	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	2	-
IYKYK•IYKYK•IYKYK	$0.{7}1322 0.{4}1369 Sats	0.00%	$0.00 0.00	$0.00 0.00	14	-
PUP•WIF•WOOF•OF•WORK	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	13	-
I•AM•NOT•SATOSHI•NAKAMOTO	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	2	-
AI•MARKETPLACE	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
BOB•ID•FAST•ODIN	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-
SNORKY•ID•FKST•ODIN	$0.00 0.00 Sats	0.00%	$0.00 0.00	$0.00 0.00	1	-

FAQ

What is the Runes Protocol?

The Runes Protocol introduces a new token standard for creating fungible tokens on the Bitcoin network. Unlike BRC-20 tokens, which encode data on individual satoshis, Runes utilizes Bitcoin's existing UTXO model to minimize additional data stored on the blockchain. This specialized approach simplifies the generation and management of fungible tokens on the Bitcoin network.