Bitcoin on Runes: Why It Can Be the Next Big Thing

Web3 Tech Brief By HackerNoon

This story was originally published on HackerNoon at: https://hackernoon.com/bitcoin-on-runes-why-it-can-be-the-next-big-thing.
You might heard about Runes on BTC. Let’s check what is it and why it can be the next big thing in crypto in the following months.
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Runes is a new fungible token standard built on top of the Bitcoin blockchain. It offers potentially a more efficient and secure alternative to the existing BRC-20 token standard. The value of the first Runes minted is likely to be highly sought after, as they will be seen as valuable collectibles.