Yahya 
As Bitcoin gets prepared to undergo its quadrennial discounting operation, during which the second of these two events is expected to take place on Friday or Saturday, the members of the crypto community follow the debut of Google’s engineering staff, Casey Rodarmor’s Runes protocol.
In its initial welding with blockchain seasoning, Rodarmor’s previous impact on blockchain development was statistically insignificant.
Last year, Casey Rodarmor became a bit known with the Chandelier protocol launch that enabled Bitcoin owners to slice and classify their BTC tokens as NFTs. However, while Ordinals was proven to be a breakthrough in monetary transactions, it also caused issues like network congestion and increased transaction fees.
Introducing Runes: Fungible Token Creation on Bitcoin
The brand plans to extend its tokenization capacity through Runes, a standalone protocol specifically optimized for the minting of fungible tokens on the Bitcoin network. Runes, unlike Sedition, caters to a wide range of tokens, including those on Ethereum and Solana.
One of the technical advantages of the Runes Protocol is that it applies the economic theories of non-excludability and non-rivalry of digital information to define and formulate the protocols that will be used.
Rodrushka says that Runes acts as an advanced token-making system where transactions are produced using Unspent Transaction Outputs (UTXO). Using the UXTO theory, Runes has helped with token creation and transfer for coins.
The Role of Runestones in the Runes Protocol
In addition to the tri-direction nature of the runes, “Runestones” serve as markers for changing paths or options, leading to outsourcing some expenditures. Such an algorithm guarantees efficient UTXO management and the “razor blades” process without blockchain bloat.
Criticism Against Runestone
As the proof-of-stake system shows there are some advances, we may raise the question of whether those presented changes might be well accepted by the Bitcoin community. Bitcoin enthusiasts claim that believing that those tokens were created for the sake of innovations leads to deviations from the principles of cryptocurrency.
Future Prospects for Runes
While Runes’s debut is highly anticipated, the crypto community waits to see the implications of its new tokenization approach on the Bitcoin ecosystem. Despite the fact that Runes’ success is not completely predictable, it does present a good path for expanding Bitcoin blockchain capabilities.