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

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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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