THE RUNES PROTOCOL WILL TRANSFORM BITCOIN FOREVER.

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RUNE PROTOCOL is coming THIS MONTH in APRIL. This is why I believe it is a step in the right direction and will change BITCOIN forever.

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0:00 Introduction: Bitcoin miners and Bitcoin dominance
1:04 What are Runes?
2:11 UTXO management explained
3:38 How Runes work
4:21 Benefits of Runes
5:15 Conclusion: Why Runes are a big play for Bitcoin

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I'm impressed by the Runes protocol. It could get crazy at the halving when the runes come online! The Bitcoin network is very robust (so far) but the transaction fees can skyrocket is my guess.

Anders
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is it something I can buy? Or is it for node operators only

darkfangulas
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After the recent dump I'm much more bullish on BTC over all alt coins even Solana

BKLevi
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That list dip sold me on btc is still king and if you're gonna allocate into alts pick projects that have staying power

baccarianthony
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So can you not buy this yet? And what will the ticker be? Since there is already another RUNE, it seems like a lot of people will mess up and buy the wrong one.

katydid
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Thanks I was wondering what Runes were, because RUNE is the ticker symbol for another crypto, so I was confused.

Charlie-phlezk
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That was the video I was missing !! 🤦‍♂
It's important to understand UTXOs, and the way tx are splitted, to understand the utility of Rune protocol (RP).
So now I'm going to watch again yesterday's video (22/04) with Jack from Magic Eden. Because at this stage I get the fungibility of RP, it's the NFT part I don't get... But I don't get NFTs in general, and for me, maybe skip the NFT part to focus on the Fungibilty utility of RP.
Anyway, excellent video thank you so much Rob !!! ❤👍

redpanda_pie
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Why would they call it RUNE, the token of ThorChain...

Ferdy_Forever
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main link for Runes? How to invest? Where to invest in this? Token ?

ovniologo
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what’s your plan to prepare for runes? do you have an rsic? or a rune miner? just gonna buy runes on the halving?

samcassidy
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I like Rob because he acknowledges when he makes a mistake. Thanks for addressing the PI cycle comment made on the last video. Respect.

arod
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I'm probably missing something but why not just use lightning directly with BTC (already supported) to buy your cup of coffee?

mikedowns
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were can l store my rune token ledger or trezor?

tiagoxandra
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This can and should be done on layer 2 - like lightning

olivergreenslade
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Thanks Rob. Yes let is find out more about it. It looks like Runes protocol will be generated during the halving. After that some meme couns will come out. Like Dog of bitcoin. It will be big.

Nick-nkon
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Thorchain will get some price pump through people that mistake the two

SagaraUrz
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Thanks! No fud like some other YouTubers

ApresWahine
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runes is spam, driving up fee rates with garbage on chain. banning would be a great move . . its considered an attack

damonjones
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(Edit: It looks like the title has been corrected -- NICE!) 💯

Hey Rob, looking at some of the comments so far, I think people might be getting confused because the title of the video currently has "Rune" instead of 'Runes, " and I suspect that is leading some people to believe this video is about the altcoin Rune and not a new protocol. Easy enough mistake to make on both sides, and I appreciate the concise yet informative video!

jimpayne
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Thanks Rob! Very useful introduction to Runes (which have nothing to do with Thor chain). Runes in the ancient world turn out to be old representations of the Greek alphabet found far from Greece like around the Black Sea. They have acquired an esoteric, magic reputation. And now they are being used in Magic Internet Money. Full circle!

tonybegg
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