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Catalyzing Ordinals with Runes

Is Bitcoin about to finally get a widespread fungible token standard?
Catalyzing Ordinals with Runes
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When Casey Rodarmor introduced Ordinals in January 2023, the Bitcoin NFT ecosystem entered a renaissance. 

This new approach to digital artifacts on Bitcoin opened the floodgates for new collectibles, from rare sats to PFP collections like NodeMonkes, and for new innovations, like dynamic Bitcoin assets via recursive inscriptions.

That said, one of the most popular efforts in the Ordinals ecosystem to date has been BRC-20s, an unofficial token standard built on inscriptions designed to roughly approximate Ethereum’s fungible ERC-20s tokens atop the OG blockchain. 

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William M. Peaster

Written by William M. Peaster

983 Articles View all      

William M. Peaster, Senior Writer, has been with Bankless since January 2021. Immersed in Ethereum since 2017, he writes the Metaversal newsletter on the onchain frontier, covering everything from AI projects to crypto games, as the team’s lead NFT analyst. With a background in creative writing, he writes fiction and publishes art on Ethereum in his free time.

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