Podknife - Runes: Tokens on Bitcoin | Casey Rodamor by Bankless

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Runes: Tokens on Bitcoin | Casey Rodamor

Podcast |: Bankless
Publisher |: Bankless
Media Type |: audio
Podknife tags |: Business,; Cryptocurrency,; Interview,; Investing,; NFTs,; Technology
Categories Via RSS |: News,; Tech News,; Technology
Publication Date |: Apr 18, 2024
Episode Duration |: 01:27:12

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 ------ 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 ⁠

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