1 hr 27 min

Runes: Tokens on Bitcoin | Casey Rodamor Bankless

    • Technology

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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📣 PERMISSIONLESS III | BUY TICKETS NOW 
Bankless Citizens get 30% off:
https://www.bankless.com/tools/perks 
Use BANKLESS10 for 10% off:
https://bankless.cc/PermissionlessIII 
------
BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2    ⁠ 
🔗CELO | CEL2 COMING SOON
https://bankless.cc/Celo 
🔐 SAFE | ATTEND SAFE{CON}
https://bankless.cc/SafeCon 
⚖️ ARBITRUM | SCALING ETHEREUM
⁠https://bankless.cc/Arbitrum  
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle 
🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/toku 
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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 
 
------
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 
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures ⁠ 

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.
------
📣 PERMISSIONLESS III | BUY TICKETS NOW 
Bankless Citizens get 30% off:
https://www.bankless.com/tools/perks 
Use BANKLESS10 for 10% off:
https://bankless.cc/PermissionlessIII 
------
BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2    ⁠ 
🔗CELO | CEL2 COMING SOON
https://bankless.cc/Celo 
🔐 SAFE | ATTEND SAFE{CON}
https://bankless.cc/SafeCon 
⚖️ ARBITRUM | SCALING ETHEREUM
⁠https://bankless.cc/Arbitrum  
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle 
🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/toku 
------
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 
 
------
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 
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures ⁠ 

1 hr 27 min

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