The Protocol: Analyzing Runes Impact as Bitcoin Fee Bonanza Fades
Last week's once-every-four-years Bitcoin halving came and went – just as Satoshi Nakamoto programmed it 15 years ago. But the big surprise was the fast uptake of Casey Rodarmor's new Runes protocol, his second big hit on the original blockchain in two years. Now, it looks like the initial fee bonanza might be fading, and the question is whether Runes transactions will provide a sustainable source of ongoing revenue for miners, especially now that the block rewards have been cut in half. We've got the recap.
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