Runes: Tokens on Bitcoin | Casey Rodamor
Bankless
English - April 18, 2024 10:30 - 1 hour - 121 MB - ★★★★★ - 942 ratingsInvesting Business Education Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Today’s episode is about exploring the frontier of tokens on Bitcoin with guest Casey Rodarmor. Casey is the creator of the Ordinals Protocol, a harmless protocol that simply allowed for arbitrary data to be inscribed into individual Bitcoin UTXOs, creating what are called Bitcoin NFTs. He is now also the creators of Runes, a second protocol, working to bring fungible tokens to Bitcoin.
Bitcoin is changing and Casey appears to be one of main reasons for the change. Soon he’ll be unveiling a new protocol standard for Bitcoin - called Runes, which wants to be a bitcoin-native version of fungible tokens, on the Bitcoin L1 - which is going to be the topic of the show today.
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TIMESTAMPS
0:00 Intro
5:00 The Guy Who Changed Bitcoin
10:21 Why Casey’s Building
16:45 Ordinals Cultural Shift
22:43 Runes
31:40 The Ord Standard
45:27 Bitcoin Blocks & Blockspace Limit
57:47 Bitcoin Innovation Implications
1:02:41 Rune Parameters
1:11:20 The First Runes (Uncommon Goods)
1:14:34 Timeline on Runes & Trading Ecosystem
1:17:12 The Future of Runes/Ordinals
1:19:48 The Bitcoin Renaissance
1:21:34 Winning Over Bitcoin Maximalists
1:23:45 Casey’s Podcast
1:24:58 Runes Team
1:26:37 Closing & Disclaimers
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RESOURCES
Casey’s 1st Bankless Episode
https://youtu.be/ktL77zEWcEc
Casey’s Twitter
https://twitter.com/rodarmor
Casey’s Hellmoney Podcast
https://www.youtube.com/channel/UCflejnUswWof6yEMk9dRzOA
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
Today’s episode is about exploring the frontier of tokens on Bitcoin with guest Casey Rodarmor. Casey is the creator of the Ordinals Protocol, a harmless protocol that simply allowed for arbitrary data to be inscribed into individual Bitcoin UTXOs, creating what are called Bitcoin NFTs. He is now also the creators of Runes, a second protocol, working to bring fungible tokens to Bitcoin.
Bitcoin is changing and Casey appears to be one of main reasons for the change. Soon he’ll be unveiling a new protocol standard for Bitcoin - called Runes, which wants to be a bitcoin-native version of fungible tokens, on the Bitcoin L1 - which is going to be the topic of the show today.
------ 📣 PERMISSIONLESS III | BUY TICKETS NOW Bankless Citizens get 30% off: https://www.bankless.com/tools/perks
Use BANKLESS10 for 10% off: https://bankless.cc/PermissionlessIII
------ BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2
🔗CELO | CEL2 COMING SOON https://bankless.cc/Celo
🔐 SAFE | ATTEND SAFE{CON} https://bankless.cc/SafeCon
⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum
🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle
🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/toku
------ TIMESTAMPS
0:00 Intro 5:00 The Guy Who Changed Bitcoin 10:21 Why Casey’s Building 16:45 Ordinals Cultural Shift 22:43 Runes 31:40 The Ord Standard 45:27 Bitcoin Blocks & Blockspace Limit 57:47 Bitcoin Innovation Implications 1:02:41 Rune Parameters 1:11:20 The First Runes (Uncommon Goods) 1:14:34 Timeline on Runes & Trading Ecosystem 1:17:12 The Future of Runes/Ordinals 1:19:48 The Bitcoin Renaissance 1:21:34 Winning Over Bitcoin Maximalists 1:23:45 Casey’s Podcast 1:24:58 Runes Team 1:26:37 Closing & Disclaimers ------ RESOURCES
Casey’s 1st Bankless Episode https://youtu.be/ktL77zEWcEc
Casey’s Twitter https://twitter.com/rodarmor
Casey’s Hellmoney Podcast https://www.youtube.com/channel/UCflejnUswWof6yEMk9dRzOA
------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures