Magic Eden will launch trading of Runes
🔜 The platform announced the launch of Rune trading on April 23.
Bitcoin developer 🧑💻 and creator of Ordinals, Casey Rodarmor, introduced Runes in September 2023.
🗒 The protocol will allow the issuance of fungible tokens on the blockchain of the first cryptocurrency, but unlike #BRC-20 , it uses the UTXO model which will prevent network congestion.
"Runes were built for degens and #Memecoins , but the protocol is simple, efficient, and secure. It is a legitimate competitor to Taproot #assets and RGB."
- Rodarmor wrote in early April.
