Runes and Glyphs refers to two complementary Bitcoin token protocols: Runes, which encodes fungible token balances directly in Bitcoin transaction outputs using OP_RETURN data, and Glyphs, a related protocol developed by Melvin Carvalho that encodes token metadata as on-chain inscriptions compatible with the Ordinals framework. Together they extend Bitcoin’s base layer with native fungible asset issuance without requiring a separate blockchain, enabling DAOs, project tokens, and programmable digital objects on Bitcoin testnet and mainnet.

Semantic Classification

Content

the-future-of-bitcoin-2-tokens.pdf

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photo_2024-08-14_00-40-13.jpg

DAO

  • Every project, every bot, can be a DAO
  • UniSat

Provenance