fourth halving is here, activating the much-awaited Runes protocol. Like Bitcoin Ordinals, market watchers expect the new protocol to re-ignite interest in Bitcoin and bring more users to the network.. This means it can be used to make a wide range of assets from memecoins to governance tokens on the Bitcoin network.“We are excited to see if Runes can do for Bitcoin’s fungible token and DeFi market what Ordinals did for Bitcoin’s non-fungible token market.
Casey Rodarmor, the Bitcoin developer behind the Ordinals protocol, is also the creator of the Runes protocol. Ergo, the question – Can it repeat the Ordinals’ success and boost BTC;s value?Bitcoin Ordinals’ market cap is now worth over $2 billion and is touted as a “cultural shift” in the Bitcoin network.
It’s worth pointing out that the creator of Ordinals and Runes, Casey Rodarmor, isn’t sure about how Bitcoin maxis will react to Runes after the Bitcoin halving. He“I don’t want them to like Inscriptions or Runes, but I think they shouldn’t care. Bitcoin is money for enemies.”
Source: Digital Coin News (digitalcoinnews.net)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin completes its 4th Halving – Will BTC’s price climb by 500x again?In what was anticipated to be a major bullish trigger for the crypto market, Bitcoin [BTC] underwent its halving at block 840,000 on...
Source: CryptoAmb - 🏆 22. / 68 Read more »
Bitcoin (BTC) vs. Memecoins: Navigating the Bitcoin (BTC) (BTC) Investment LandscapeOne such memecoin that has garnered significant attention is Shiba Budz (BUDZ). Introduced as a playful spin-off of the Dogecoin phenomenon..
Source: CryptoAmb - 🏆 22. / 68 Read more »
Calgary bridge into downtown shuts down for maintenanceThe 4th Avenue flyover is closed for the weekend.
Source: CTVCalgary - 🏆 26. / 68 Read more »
Civale sparkles, Lowe hits 4th career grand slam to propel Rays over Blue JaysAaron Civale allowed one run over six innings and Brandon Lowe hit his fourth career grand slam to lead the Tampa Bay Rays to a 8-2 victory over the Toronto Blue Jays on Friday night.
Source: TSN_Sports - 🏆 80. / 51 Read more »
Civale sparkles, Lowe hits 4th career grand slam to propel Rays over Blue Jays 8-2ST. PETERSBURG, Fla. (AP) — Aaron Civale allowed one run over six innings and Brandon Lowe hit his fourth career grand slam to lead the Tampa Bay Rays to a 8-2 victory over the Toronto Blue Jays on Friday night.
Source: PGCitizen - 🏆 65. / 51 Read more »
Civale sparkles, Lowe hits 4th career grand slam to propel Rays over Blue Jays 8-2ST. PETERSBURG, Fla. (AP) — Aaron Civale allowed one run over six innings and Brandon Lowe hit his fourth career grand slam to lead the Tampa Bay Rays to a 8-2 victory over the Toronto Blue Jays on Friday night.
Source: SooToday - 🏆 8. / 85 Read more »