With its unique ability to be minted and burned directly on the Bitcoin blockchain, Runes has garnered significant attention from investors, developers, and the broader crypto community alike. What is Runes? Runes, short for Bitcoin Rune Tokens, is a protocol that enables the creation and management of fungible tokens on the Bitcoin blockchain. It utilizes a cutting-edge technology known as "sidechains" to allow for the minting and burning of tokens without clogging up the main Bitcoin blockchain. This makes it a more efficient and cost-effective option for token creation compared to other standards. Why is Runes gaining traction? As the popularity and usage of Bitcoin continue to rise, there has been a growing demand for a more efficient and secure way to create and manage tokens on the Bitcoin blockchain. Runes' use of sidechains solves this issue, making it a highly sought-after option for developers and investors. Additionally, the recent surge in NFTs (non-fun...
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