In a recent call for community input on RUNE creation, Casey Rodarmor, the mind behind Bitcoin Ordinals, is looking to hear suggestions from enthusiasts.
In Brief
The founder of the Bitcoin Ordinals protocol, Casey Rodarmor, is eager to gather input from the community on important aspects of RUNE, including its name, symbol, divisibility, and the process of minting.
Rodarmor has recently called for ideas surrounding the establishment of RUNE—a cryptocurrency tailored for the blockchain that represents fungible assets, each accompanied by unique characteristics and associated data. Casey Rodarmor Community members are encouraged to propose ideas regarding the token's name, currency symbol, divisibility, and minting conditions, fostering a collaborative approach to its creation. Bitcoin In a post shared on the social media platform X, Casey revealed that RUNE 0-9 might be hard-coded, all governed by a transparent and equitable minting process that eliminates any pre-mined or pre-distributed tokens. Contributors are invited to utilize the 'Genesis Rune Suggestion Box' to put forward their ideas.
THE GENESIS RUNE SUGGESTION BOX IS OFFICIALLY OPEN FOR CONTRIBUTIONS.
The RUNE tokens 0-9 might be incorporated as hard-coded elements, featuring an equitable minting process without any pre-allocation or pre-mining.
The straightforward design of Runes could potentially attract more developers, paving the way for innovation within the Bitcoin development community. Simultaneously, their streamlined user experience might facilitate broader adoption, as users won't have to deal with native tokens or the complexities typically associated with off-chain activities. BRC-20 and Stamps.
Get ready for the upcoming mainnet launch of the Runes protocol! Bitcoin Last year, Casey Rodarmor revealed plans for the Runes protocol mainnet to kick off once Bitcoin reaches a block height of 840,000, which conveniently coincides with the anticipated Bitcoin halving event set for April 23, 2024.
Recently, the cryptocurrency exchange OKX made headlines by incorporating inscription token standards, including Runes, Stamps, and Dogecoin Ordinals, into its wallet and marketplace, marking a groundbreaking move for exchanges in light of Bitcoin's growing popularity.
Driven by Casey Rodarmor's vision and active community collaboration, the development of the Runes protocol represents a significant advancement towards creating user-friendly and innovative solutions in the Bitcoin space.
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