Casey Rodarmor – DIGIT INFO

Runes TXs on Bitcoin have tanked over 88% this month

DIGIT — Sun, 30 Jun 2024 03:56:49 +0000

Bitcoin miners have earned less than 2 Bitcoin combined from Runes transactions over the last six straight days — an enormous drop from its record 884 Bitcoin on April 24.

Go to Source

New daily Runes etched on Bitcoin falls 99% from post-halving peak

DIGIT — Tue, 14 May 2024 03:34:11 +0000

Only 157 new Runes were etched on Bitcoin on May 13, which contributed to just $3,835 in transaction fees paid to Bitcoin miners.

Go to Source

The Runes Economy: Navigating the Booming Market of Bitcoin-Derived Tokens

DIGIT — Sun, 21 Apr 2024 13:31:14 +0000

While the BRC20 token economy’s market valuation surpasses $2.8 billion, according to one leading market cap aggregation website, tokens derived from the Runes protocol are beginning to experience price discovery following the launch of the new token standard. The following is a look at several popular runes tokens, detailing their supplies and present market values. […]

Go to Source

Runes Proliferate on Bitcoin, Sparking New Token Sales on Specific Markets

DIGIT — Sat, 20 Apr 2024 14:39:04 +0000

In the 12 hours following the introduction of the Runes protocol, bitcoin miners have collected substantial fees as the rush to mint runes now dominates block space. Presently, numerous runes exist on the Bitcoin blockchain, with several being offered on marketplaces such as Okx and Magic Eden. The Runes Economy Has Been Born Since their […]

Go to Source

Runes Protocol to Debut Alongside Bitcoin Halving, Could Boost BTC Ecosystem

DIGIT — Tue, 16 Apr 2024 07:31:38 +0000

As the halving is set to occur between April 19-20, 2024, a substantial number of crypto enthusiasts are eagerly preparing for the Runes protocol. The concept of Runes was developed by the creator of Ordinals, Casey Rodarmor, and has been met with considerable enthusiasm since its announcement in September 2023. The following is a comprehensive […]

Go to Source

Bitcoin Ordinals haven’t wrestled blockspace from money TXs: Glassnode

DIGIT — Wed, 27 Sep 2023 05:25:35 +0000

Inscriptions have been acting more as a “packing filler,” stuffed into any remaining space once higher-value monetary transfers are packed into blocks, said the firm.

Go to Source

Bitcoin Ordinals creator Casey Rodarmor pitches BRC-20 alternative ‘Runes’

DIGIT — Tue, 26 Sep 2023 05:07:41 +0000

Bitcoin Ordinals inventor Casey Rodarmor says a fungible token protocol like Runes wouldn’t leave as much “junk” on the Bitcoin network as that of BRC-20 tokens.

Go to Source

Bitcoin Ordinals team launch non-profit to grow protocol development

DIGIT — Wed, 02 Aug 2023 05:23:06 +0000

The Open Ordinals Institute aims to bolster the protocol’s future development as Ordinals inscriptions hit a milestone of 21 million.

Go to Source

‘Scammers dream’ — Yuga’s auction model for Bitcoin NFTs sees criticism

DIGIT — Mon, 06 Mar 2023 06:19:01 +0000

Yuga Labs’ first Bitcoin NFT collection saw some backlash from the crypto community over the weekend, pointing to flaws in the way it’s conducting the auction.

Go to Source

More Than 7,000 Ordinals Inscriptions Have Already Been Included on the Bitcoin Blockchain

DIGIT — Mon, 06 Feb 2023 17:30:12 +0000

Ordinals inscriptions, viewed as a kind of Bitcoin-native NFTs, are picking up steam among some Bitcoin circles, even though the procedures to issue them are far from user-friendly. The protocol, which was unveiled in January, has already served to bring more than 7,000 inscriptions directly to the Bitcoin chain, with some collections already present. Ordinals […]

Go to Source