THE RUNES PROTOCOL WILL TRANSFORM BITCOIN FOREVER.

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Digital Asset News

Digital Asset News

Күн бұрын

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.
RUNES - sovryn.com/all-things-sovryn/...
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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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Пікірлер: 130
@baccarianthony
@baccarianthony 16 күн бұрын
That list dip sold me on btc is still king and if you're gonna allocate into alts pick projects that have staying power
@BKLevi
@BKLevi 16 күн бұрын
After the recent dump I'm much more bullish on BTC over all alt coins even Solana
@2boldboman274
@2boldboman274 16 күн бұрын
Lol you call that a dump???
@smitty8350
@smitty8350 16 күн бұрын
@@2boldboman274 right lol
@samcassidy1862
@samcassidy1862 16 күн бұрын
that means that btc is almost done and the alts are about to take stage. this sentiment isn’t unfamiliar it happens every cycle.
@2boldboman274
@2boldboman274 16 күн бұрын
@@samcassidy1862 if you want to say it happens every cycle, you should know bitocin is no where near it’s top for this cycle. Not even close lol
@SteveLockhartSLM
@SteveLockhartSLM 16 күн бұрын
Solans is iso 20022 compliant but BTC isn’t.
@Nick-nk3on
@Nick-nk3on 16 күн бұрын
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.
@darkfangulas
@darkfangulas 16 күн бұрын
is it something I can buy? Or is it for node operators only
@samcassidy1862
@samcassidy1862 16 күн бұрын
what’s your plan to prepare for runes? do you have an rsic? or a rune miner? just gonna buy runes on the halving?
@Anders01
@Anders01 16 күн бұрын
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.
@katydid0530
@katydid0530 16 күн бұрын
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.
@arod2050
@arod2050 16 күн бұрын
I like Rob because he acknowledges when he makes a mistake. Thanks for addressing the PI cycle comment made on the last video. Respect.
@jimpayne9545
@jimpayne9545 16 күн бұрын
(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!
@ovniologo321
@ovniologo321 16 күн бұрын
Thanks now i get it but how to invest in runes since is not the one on thor
@bitcoinpoemspro1406
@bitcoinpoemspro1406 16 күн бұрын
Thx
@user-hn9fr7mn3x
@user-hn9fr7mn3x 16 күн бұрын
Where buy?
@ovniologo321
@ovniologo321 16 күн бұрын
main link for Runes? How to invest? Where to invest in this? Token ?
@user-ej5ci8xn9j
@user-ej5ci8xn9j 16 күн бұрын
Massive… Powerful!
@phlezktravels
@phlezktravels 16 күн бұрын
Still confusing. UTXO optimizer?
@redpanda_pie
@redpanda_pie 7 күн бұрын
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 !!! ❤👍
@phlezktravels
@phlezktravels 16 күн бұрын
Thanks I was wondering what Runes were, because RUNE is the ticker symbol for another crypto, so I was confused.
@ranazakria4807
@ranazakria4807 14 күн бұрын
Both of these are great.
@olivergreenslade7278
@olivergreenslade7278 7 күн бұрын
This can and should be done on layer 2 - like lightning
@SteveLockhartSLM
@SteveLockhartSLM 16 күн бұрын
So will BTC get iso 20022 compliance so it can join the new financial system?
@chingron
@chingron 12 күн бұрын
BTC complies with nobody. The whole point of BTC is to destroy the current financial system along with their rules.
@SagaraUrz
@SagaraUrz 16 күн бұрын
Thorchain will get some price pump through people that mistake the two
@hadynajem9090
@hadynajem9090 16 күн бұрын
What about utxo on kucoin?
@Scabota
@Scabota 16 күн бұрын
Yes by
@awesomeboi7056
@awesomeboi7056 16 күн бұрын
Hello!
@ahecht2909
@ahecht2909 16 күн бұрын
Runestone ?
@ovniologo321
@ovniologo321 16 күн бұрын
Following
@valeratkanta9682
@valeratkanta9682 16 күн бұрын
I agreed. Everyone want to print more bill but no way to do it. Us, europe, china. Japan One way out is accept value of btc. Then they want this digital assets to be way out for their digital wallet to let economic and country not collapse. You right all along yhey try to dump bitcoin price now so they be able to scoop it up to their vaults. The roons is the way to go
@FernandPors
@FernandPors 16 күн бұрын
Why would they call it RUNE, the token of ThorChain...
@s.thomas5220
@s.thomas5220 10 күн бұрын
Thanks ❤
@antmic
@antmic 16 күн бұрын
Why not just trade in satoshi vs ruins?
@mikedowns1842
@mikedowns1842 10 күн бұрын
I'm probably missing something but why not just use lightning directly with BTC (already supported) to buy your cup of coffee?
@kavanruparel9966
@kavanruparel9966 16 күн бұрын
Investing in ordinals and runes is investing in the BTC Ecosystem...!!!
@tonybegg7324
@tonybegg7324 16 күн бұрын
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!
@DigitalAssetNews
@DigitalAssetNews 16 күн бұрын
Awesome Tony. Thank you.
@phlezktravels
@phlezktravels 15 күн бұрын
lol
@JeDxDeVu
@JeDxDeVu 16 күн бұрын
Don’t shitcoin people, you’ll only get rekt.
@emouselOregon
@emouselOregon 16 күн бұрын
It seems to me that we already have the ability in many other altcoins. A user won't care about the nuts and bolts as long as it's seemless for them.
@alyssacrypto
@alyssacrypto 16 күн бұрын
But if bitcoin is 10M per coin then the value of operating in the ecosystem will crap all over doing the economic activity in alts...
@smitty8350
@smitty8350 16 күн бұрын
so why does having extra sats make it so much more expensive??
@massagegoblin224
@massagegoblin224 16 күн бұрын
I presume gas fees. If you have $1 ten times to pay bob $10 that is ten transactions. Each transaction in the chain has a separate history and how it was mined and spent. Could be wrong. I'm a muggle.
@damon123jones
@damon123jones 10 күн бұрын
runes is spam, driving up fee rates with garbage on chain. banning would be a great move . . its considered an attack
@puertoricoyourhome
@puertoricoyourhome 16 күн бұрын
👍🏻 😊
@ShadowBoxer5669
@ShadowBoxer5669 16 күн бұрын
I'm pretty heavy in PUPS atm :)
@samcassidy1862
@samcassidy1862 16 күн бұрын
im in rsics and runestones
@highwhen
@highwhen 16 күн бұрын
RUNES is for those who didn’t get in early to STX and Ordinals
@alf72632
@alf72632 16 күн бұрын
so, now im confused between runes and satoshis.
@samcassidy1862
@samcassidy1862 16 күн бұрын
runes are the dust created from sats
@alf72632
@alf72632 16 күн бұрын
@@samcassidy1862 oh ok so, should we buy Runes as well?
@Red_Twizzler
@Red_Twizzler 16 күн бұрын
gracias.
@drunvert
@drunvert 16 күн бұрын
Pronounced ROONS
@valeratkanta9682
@valeratkanta9682 16 күн бұрын
❤❤❤❤❤
@DB-Studio1
@DB-Studio1 13 күн бұрын
Runes are a copy of Cardano's native assets, very good for BTC and ADA, Cardano developeres are an advantage to build on them
@Futokuko
@Futokuko 6 күн бұрын
Move on, nAda is dead…3 cycles and still nothing.
@dust921
@dust921 16 күн бұрын
dwarven runelord laddy
@doctore4205
@doctore4205 16 күн бұрын
so they are trying to build Cardano lolz
@JPs-Channel
@JPs-Channel 16 күн бұрын
Best comment of the year, so far.
@chingron
@chingron 12 күн бұрын
Cardano? What’s that?
@cheesyandy1
@cheesyandy1 14 күн бұрын
Shipcoins on bitcoin is not a good development.
@PulseGaming050
@PulseGaming050 12 күн бұрын
Buy runes bridge!!$ going to $5
@puertoricoyourhome
@puertoricoyourhome 16 күн бұрын
Hola
@user-cu9yv7nr4t
@user-cu9yv7nr4t 16 күн бұрын
IT isn't easy!
@markaurelevangelista8622
@markaurelevangelista8622 16 күн бұрын
Isnt this what Cardano has been doing?
@googLi-mm1id
@googLi-mm1id 16 күн бұрын
Lol Bitcoin is the coin of coins.
@jaygrows2426
@jaygrows2426 16 күн бұрын
For the algo
@DesertDog8989
@DesertDog8989 14 күн бұрын
@renaissancemaneric8019
@renaissancemaneric8019 16 күн бұрын
Not to be confused with RUNE
@dynasty7298
@dynasty7298 16 күн бұрын
Rune not ruin cmon
@Futokuko
@Futokuko 6 күн бұрын
Sovryn🚀
@mohammedhussain4908
@mohammedhussain4908 15 күн бұрын
Reminds me of a Richard Prior movie called Brewster's millions... Anyone get what I'm talking about here? Think about it.
@TennesseeEcoman
@TennesseeEcoman 16 күн бұрын
You better get ready quick because runes start up with the Halving. FYI
@crime_wavcorp
@crime_wavcorp 16 күн бұрын
video title look like some shilling bout to happen for the next 6 minutes
@DigitalAssetNews
@DigitalAssetNews 16 күн бұрын
Hard to shill a protocol. There's no coin to it.
@user-iz1vx8gv8q
@user-iz1vx8gv8q 16 күн бұрын
Rob can shill me anytime he wants….he’s got good stuff!
@WillS-pl8wg
@WillS-pl8wg 16 күн бұрын
Derrrrrrr
@Battledrone
@Battledrone 16 күн бұрын
Why do you keep pronouncing it as ruins?
@Welsed
@Welsed 16 күн бұрын
ROONS. ITS PRONOUNCED ROONS. 😂😂😂
@ovniologo321
@ovniologo321 16 күн бұрын
Thank you
@demogadget
@demogadget 16 күн бұрын
Are you stoned⚡️
@thaddeushall2974
@thaddeushall2974 16 күн бұрын
Wow. Cool story. Poor things.
@iBuyBitcoin
@iBuyBitcoin 16 күн бұрын
Are ordinals allowing shitcoins on the Bitcoin network? No thx
@johnmorris5212
@johnmorris5212 15 күн бұрын
are the Bitcoin maxis really complaining about this?
@DigitalAssetNews
@DigitalAssetNews 15 күн бұрын
yes
@johnbinstead8544
@johnbinstead8544 16 күн бұрын
So a much less capable version of Cardano, just buy ADA
@chingron
@chingron 12 күн бұрын
Cardano had a pre-mine to make its founders wealthy and it has zero chance of becoming the global reserve. And let’s hope it doesn’t, because then we would just be replacing one corrupt system for another. Just buy bitcoin.
@seanslattery6366
@seanslattery6366 10 күн бұрын
They will know in the 2028 bull cycle when cardano has the stuff they diligently and painstaking tediously complete after test upon test to ensure stability , secrurity , funcioning properly according to plan when ppl want freedom and decentralized ecosystem more than ever the cardano , near , ect L1s will be huge gainers in profit and use case on chain driving 20x or more from 2026 bottom opposed to 4x or 3x from the stuff like btc, eth, sol , that have already grown exponentialky . Ada 2026 - 2028 is an easy 20x . 50k to 1 million next cycle .
@chingron
@chingron 10 күн бұрын
@@seanslattery6366 How many of your examples didn’t have a pre-mine? None? Oh…then not interested.
@reginaldthorne
@reginaldthorne 14 күн бұрын
Hardly Gold 2.0 More like Fool’s Gold in search of the Greater Fool! I don’t think it will ever amount to much from here on. There is actually a dollar limit to People’s foolishness.
@chingron
@chingron 12 күн бұрын
Not really… because the dollar is getting printed to infinity… which is exactly why people will continue to buy more and more bitcoin. Oh wait… they can’t. There are only 21 million and most holders will never sell.
@briankendall5154
@briankendall5154 9 күн бұрын
nocoiner explains.
@DigitalAssetNews
@DigitalAssetNews 8 күн бұрын
I have a Runestone and Wizard.
@RipoffRadar
@RipoffRadar 16 күн бұрын
Bitcoin is an old technology
@FernandPors
@FernandPors 16 күн бұрын
@RipoffRadar What is your recommendation based on that observation?
@nick-oi1xf
@nick-oi1xf 15 күн бұрын
People that say this, don't understand code.
@chingron
@chingron 12 күн бұрын
So is the pencil. Do you have a point? The world isn’t going to adopt a new global reserve every 6 months when the latest and greatest shiny new coin comes out. The world is going to adopt the one that was fairly launched and has the strongest base layer. That is bitcoin…
@nick-oi1xf
@nick-oi1xf 13 күн бұрын
Rob, this is scam and you shouldn't be promoting it especially if you hold bitcoin. Have you looked at the mempool lately?
@allenjefferis5105
@allenjefferis5105 16 күн бұрын
Why doesn't Alex just send 5.1 directly to Julie peer to peer. 🤔
@samcassidy1862
@samcassidy1862 16 күн бұрын
it’s a bad explanation… it’s good at singling out certain sats like rare sats. where you can pull and manage and curate a collection of sats. sometime you accumulate or acquire rare sats and you can accidentally spend them if your don’t manage them.
@cliffpitt5943
@cliffpitt5943 15 күн бұрын
@@samcassidy1862how do you know the rarity of the stats?
@chingron
@chingron 12 күн бұрын
@@samcassidy1862There is no such thing as a “rare sat”. Every transaction basically deletes the bitcoin and then it is recreated at the other end. sats are not physical entities that get passed around.
@Jefleopard
@Jefleopard 9 күн бұрын
Why are you pronouncing it “ruins”?🤷‍♂️
@427vot
@427vot 8 күн бұрын
Im not liking this. Leave the BTC blockchain alone. These innovations will help BTC like Like all the financial innovations (think credit default swaps) helped our current financial system.
@bringerofthedawn5544
@bringerofthedawn5544 16 күн бұрын
. . . . Bitcoin to 10million by 2033. Nothing can stop what's coming
@evangelista279
@evangelista279 7 күн бұрын
Runes Protocol is NOT fair mint. Pre mint. non mintable option. Rigged protocolo. Airdrop for group. BRC20 is fair mint. Not pre mint. Mint by mint. SEC will do with casey cuz of runes same with creator of uniswap. BE CAREFUL wait more to invest.
@i6power30
@i6power30 16 күн бұрын
Runes is a scam
@FernandPors
@FernandPors 16 күн бұрын
@i6power30 Please explain
@markcooper6931
@markcooper6931 16 күн бұрын
I love you, but you’re such a moon boy sell at the top take profits and buy when it crashes. It always does probably 40 K.
@illuviumgamer
@illuviumgamer 16 күн бұрын
Basically shitcoins on Bitcoin 😂
@user-dp9gi3et8m
@user-dp9gi3et8m 16 күн бұрын
ELROND GOLD BIG BOY MULTIWERS X 🥒❤️
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