According to BlockBeats, Ordinals protocol founder Casey Rodarmor said that although Runes was built for Degen and Meme coins, the protocol is simple, efficient and secure, and is a legitimate competitor to Taproot Assets and RGB. The Runes protocol is independent and does not rely on Ordinals or Inscriptions, balances are stored in UTXO, lockable in HTLC, and therefore available on the Lightning Network. While skeptical of âseriousâ tokens, Runes is certainly a âseriousâ token protocol.
