A BEGINNER'S GUIDE TO RUNES

Summary from the TLDR Crypto newsletter

Runes is a new protocol for fungible tokens on Bitcoin that uses a minimalistic approach with off-chain data tracking. The protocol uses an Unspent Transaction Output (UTXO) model for transactions which includes off-chain data tracking, effectively reducing network strain. Runes will launch after the halving, giving holders of pre-Rune Ordinals Rune tokens.