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Runes Protocol Launches on Bitcoin, Sending Fees Soaring as Users Rush to Mint Tokens

Despite this being the most anticipated Bitcoin halving yet (at least according to Google search history), it was the launch of the high-profile Bitcoin builder Casey Rodamor’s latest creation – Runes – that turned heads, even among long-time blockchain developers who despise the digital tokens that can be minted on the platform. Rodamor is known for the release of Ordinals, a protocol that allows people to “inscribe” data on the smallest units of bitcoin (i.e. Ordinals is largely credited for inspiring a renewed developer ecosystem on Bitcoin.

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