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

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Tick	ราคา	24h change	มูลค่าตามราคาตลาด	ปริมาณ (24 ชม.)	ผู้ถือ	ธุรกรรม

FUCK•BITCHES•GET•BITCOIN	$0.009802 10 Sats	6.09%	$0.00 0.00	$0.00 0.00	554	3
META•RUNES•META	$0.002744 2.8 Sats	0.47%	$0.00 0.00	$0.00 0.00	549	5
CHEESED•TO•MEET•YOU	$0.0009802 1 Sats	-40.54%	$19,644.22 0.2108	$0.00 0.00	557	113
THERE•IS•NO•SECOND•BEST	$0.07351 75 Sats	4.60%	$1.48M 15.08	$1,638.45 0.02605	512	392
PEPE•ON•THE•MOON	$0.{5}8821 0.009000 Sats	0.00%	$0.00 0.00	$0.00 0.00	558	10
THETICKERISRUNES	$0.{4}2352 0.02400 Sats	-4.23%	$67,705.82 0.6989	$0.00 0.00	539	23
YISU•BLESS•YOUR•WALLET	$0.{4}1176 0.01200 Sats	0.26%	$246,686.07 2.52	$0.00 0.00	1,532	77
DEGENERATE•SPAM	$0.006861 7 Sats	-1.65%	$16,621.29 0.1719	$0.00 0.00	1,429	45
TUBBY•MOUSE•EATS•CATS	$0.{4}9802 0.1000 Sats	4.61%	$0.00 0.00	$19.59 0.0003115	679	240
MAGIC•INTERNET•JPEGS	$0.{5}1764 0.001800 Sats	1.64%	$0.00 0.00	$0.00 0.00	514	1,042
IM•LOOKING•FOR•A•MAN•IN•FINANCE	$0.{4}1568 0.01600 Sats	1.21%	$32,110.3 0.3110	$0.00 0.00	518	995
BITMAP•LAND•XYZ	$0.02940 30 Sats	1.82%	$639,091.36 6.29	$0.00 0.00	523	21
PI•RUNESTONE•PI	$0.{8}5391 0.{5}5500 Sats	2.59%	$18,358.71 0.1728	$0.00 0.00	519	596
RUNES•MAINNET	$0.01872 19.1 Sats	-0.18%	$0.00 0.00	$0.00 0.00	535	12
GAMESTOP•CORPORATION	$0.{4}9802 0.1000 Sats	2.95%	$196,020.68 1.92	$505.88 0.008042	483	650
CRYPTOKITTIES•CRYPTOKITTIES	$0.009802 10 Sats	0.55%	$0.00 0.00	$0.00 0.00	555	205
ELON•GO•TO•THE•MOON	$0.{6}9802 0.001000 Sats	0.00%	$382,565.63 4.14	$0.00 0.00	609	8
REKT•MEMPOOL•ENJOYER	$0.{12}7841 0.{9}8000 Sats	0.17%	$0.00 0.00	$0.00 0.00	883	143
TELETUBBY•THE•EMBARRASSED•TOY	$0.0004411 0.4500 Sats	0.60%	$0.00 0.00	$0.00 0.00	506	6
STRIPPER•WIF•SLIPPERS	$0.006665 6.8 Sats	-0.64%	$152,249.83 1.43	$0.00 0.00	449	20
CASEY•AND•DOMO•TOKEN	$0.{4}1911 0.01950 Sats	-7.35%	$0.00 0.00	$0.00 0.00	452	5
HIGHER•HIGHER•HIGHER	$0.{4}6371 0.06500 Sats	3.09%	$69,135.27 0.6508	$93.94 0.001493	430	748
THE•JOSEPH•BIDEN	$0.6547 668 Sats	4.47%	$13,215.93 0.1331	$0.00 0.00	439	260
TAKE•THE•RED•BEAN	$0.0002058 0.2100 Sats	-2.53%	$0.00 0.00	$0.00 0.00	449	22
THE•RUNIX•TOKEN	$0.0007841 0.8000 Sats	-0.96%	$17.87M 168.21	$116.66 0.001854	572	176
WEREWOLF•MINER	$0.0002744 0.2800 Sats	0.94%	$0.00 0.00	$0.00 0.00	465	8
CAT•GO•TO•THE•SUN	$0.{5}1274 0.001300 Sats	-20.86%	$136,175.96 1.3	$0.00 0.00	427	393
COINSHIRE•RUNES	$0.0009802 1 Sats	4.34%	$50,115.51 0.5194	$0.00 0.00	436	638
RUNESTONE•WIZARDS	$0.005391 5.5 Sats	18.02%	$51,392.06 0.5520	$0.00 0.00	450	104
INVISIBLE•BIKE•CAT	$0.{5}7841 0.008000 Sats	-10.68%	$0.00 0.00	$0.00 0.00	437	189
META•RUNES•LAUNCHPAD	$0.002450 2.5 Sats	-9.92%	$0.00 0.00	$0.00 0.00	435	11
MEMETIC•FRENS	$0.6459 659 Sats	3.07%	$0.00 0.00	$0.00 0.00	434	137
PSEUDONYMOUS	$0.{4}4215 0.04300 Sats	-1.49%	$0.00 0.00	$0.00 0.00	432	549
SKATER•ROCKSTAR•CATS	$0.4862 496 Sats	0.20%	$12,111.7 0.1266	$0.00 0.00	462	236
UNISAT•NETWORK•RUNES	$0.{5}8331 0.008500 Sats	1.78%	$52,728.56 0.5266	$0.00 0.00	925	42
UNCLE•FU•CHINESE•MAGNATE	$0.004509 4.6 Sats	2.27%	$93,243.06 0.9640	$0.00 0.00	428	36
SAIPPUAKIVIKAUPPIAS	$0.{6}1372 0.0001400 Sats	1.73%	$0.00 0.00	$0.00 0.00	424	12
FIT•DONALD•TRUMP	$0.{6}2156 0.0002200 Sats	-3.19%	$0.00 0.00	$16.99 0.0002700	421	161
RUNESHIRE•HACKAWAY	$0.0009900 1.01 Sats	-0.51%	$0.00 0.00	$0.00 0.00	422	25
SUPER•UGLY•WZRDS	$0.{4}9812 0.1001 Sats	0.00%	$0.00 0.00	$0.00 0.00	419	13
ELON•NAKAMUSKO	$0.{6}9802 0.001000 Sats	0.08%	$26,916.08 0.2988	$0.00 0.00	480	33
BITCOIN•HONEY•BADGER	$2,450.39 2.50M Sats	0.00%	$0.00 0.00	$0.00 0.00	517	2
LAIKA•WAS•FIRST	$0.0001372 0.1400 Sats	-11.91%	$0.00 0.00	$0.00 0.00	418	57
MASSIVE•PILE•OF•SHIT	$0.{7}9802 0.0001000 Sats	-1.21%	$259,328.47 2.71	$0.00 0.00	559	39
PIG•PIG•PIG•PIG•PIG	$0.{9}5391 0.{6}5500 Sats	-4.80%	$0.00 0.00	$0.00 0.00	413	42
KABOSU•GOODEST•DOGE•MUCH•WOW	$0.{7}5685 0.{4}5800 Sats	-12.55%	$21,883.29 0.2429	$0.00 0.00	447	39
BTC•RUNES•UP•UP•UP	$0.003136 3.2 Sats	-0.33%	$0.00 0.00	$0.00 0.00	432	293
RUNESTONE•DOGECOIN	$0.{4}6273 0.06400 Sats	0.12%	$60,666.27 0.6708	$0.00 0.00	415	5
MC•DONALD•J•TRUMP	$0.{4}6567 0.06700 Sats	3.04%	$66,190.86 0.6635	$0.00 0.00	390	717
JEROME•PUMPWELL	$0.004901 5 Sats	0.19%	$0.00 0.00	$0.00 0.00	359	180

คำถามที่พบบ่อย

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.