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Yes. Better Mastercoin/omni.
Very likely will have the same fate but there is important long term mechanics inside runes, plus it doesn't require dev efforts to exist.
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Yes. Better Mastercoin/omni.
Very likely will have the same fate but there is important long term mechanics inside runes, plus it doesn't require dev efforts to exist.
Runes are basically a colored coins protocol designed for issuing tokenized assets. They are designed to replace BRC-20 with something more sensible. They are UTXO based, and rely on the OP_RETURN to store the token data (called a runestone). They do not use the ordinal system for anything, but a rune can be tied to an inscription.