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Podcast

Runes: Tokens on Bitcoin | Casey Rodamor

His idea will change Bitcoin forever
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Apr 18, 20241 min read

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.


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. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

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