Casey Rodarmor's Runes Protocol Ready to Revamp Bitcoin Space

By: Eliza Bennet

Casey Rodarmor's innovative Runes protocol, a platform capable of creating fungible tokens on Bitcoin, is ready to go live. This follows his successful launch of the Ordinals protocol last year which enabled the creation of non-fungible tokens (NFTs) on the Bitcoin network. With the growing relevance and demand for protocols that create fungible tokens, Runes is poised to revolutionize the Bitcoin token space.

The investment firm Franklin Templeton has also weighed in on the advent of Runes. They believe that Runes bears substantial potential in helping Bitcoin catch up to Ethereum and Solana in the decentralized finance (DeFi) arena. This endorsement further underlines the promising future of the Runes protocol within the Bitcoin ecosystem.