The guide states that Bitcoin builders are preparing for the launch by developing supporting infrastructure for Runes tokens. This highlights growing interest and development within the sector. Platforms like Fluid Tokens are also creating decentralized applications for lending runes, emphasizing the ecosystem’s increasing functionality and usefulness.
Integrating Bitcoin’s UTXO model, the Runes protocol operates on Bitcoin Layer 1, enhancing base blockchain interaction without excessive UTXO production. Unlike BRC-20, Runes penalizes errors by burning tokens, ensuring careful UTXO management. Many Ordinal and BRC-20 projects enable investors and holders to accumulate Runes via a runic miner, giving them the opportunity to invest in this new technology before its launch.
