WHY RUNES ARE INTERESTING

Summary from the TLDR Crypto newsletter

This post discusses the unique aspects of the Runes protocol, which operates within Bitcoin's UTXO model, in contrast to the account-based model of BRC-20s. Runes offers technical improvements that make transactions easier, cheaper, and more scalable as well as potential compatibility with Layer 2 scaling solutions. The post proposes creative approaches like combining covenants with Runes and having Runes cover Bitcoin transaction fees.