Runes: Tokens on Bitcoin | Casey Rodamor
Bankless18 Apr 2024

Runes: Tokens on Bitcoin | Casey Rodamor

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.

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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

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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

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures

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