🔑Runes

Runes is an innovative token protocol based on the Unspent Transaction Output (UTXO) model, proposed by Casey Rodarmor, marking a significant shift from traditional ordinal technology to a UTXO-based mechanism. Unlike conventional blockchain technologies, Runes focuses on leveraging the unique advantages of the UTXO model to manage tokens, providing higher flexibility and security for token transactions and ownership.

The core of the Runes protocol design is to promote the uniqueness and customizability of tokens. Each token created through Runes can have unique attributes and metadata, making them not just simple mediums for value transfer but smart assets capable of carrying complex information and performing specific functions. This uniqueness and diversity make the Runes protocol particularly suited for digital collectibles, in-game assets, authentication tokens, and a broader range of applications.