The Runes protocol will ignite a new season for Bitcoin after the halving
The Runes protocol will launch when Bitcoin’s halving takes place, and a wave of new tokens will ignite a new season for the world’s largest blockchain.
The 2024 halving is a major event in the cryptocurrency world. This year, however, the Runes protocol — and the hunt for the epic satoshi, the first satoshi of the halving block — will begin on the same day, and that could be an even more significant event in Bitcoin’s (BTC) history.
The Ordinals protocol launched in December 2022 and brought an unprecedented cultural movement to the world’s largest blockchain. It is often referred to as “The second phase of Bitcoin.” Ordinals allowed users to begin putting things such as images, audio and code files on the Bitcoin blockchain.
After that successful launch, developer Casey Rodarmor introduced the concept of the Runes token protocol, which is designed to facilitate the creation of fungible tokens on the Bitcoin network.
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Author: Lugui Tillier
