Runes | A Degenerate Casino on the Bitcoin Blockchain Creative – CoinDesk

Runes and Ordinals ‘Artist’ Creator, Casey Rodarmor has just invented two of the most dramatically impactful protocols in the blockchain industry's history and embraces cryptocurrency's speculative and gambling nature.

This episode is sponsored by the Stellar Community Fund

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In this installment of "The Protocol," hosts Brad Keoun, the founding editor of The Protocol Newsletter, and tech journalists Sam Kessler and Margaux Nijkerk, 

are joined by Casey Rodarmor to discuss the launch of Runes, a protocol on the Bitcoin blockchain that allows users to create and trade meme coins. Casey expresses skepticism about the usability of layer two solutions and the potential for stablecoins on Bitcoin.

Takeaways |

Chapters

00:00 Introduction and Background

05:58 Runes: A Degenerate Casino on the Bitcoin Blockchain

13:58 Bitcoin's Strengths and Ethereum's Weaknesses

27:58 Bugs and Challenges Before the Launch

35:26 The Potential for Stablecoins on Bitcoin

41:59 Creative and Offensive Rune Names

49:57 Developing a User-Friendly File-Sharing Protocol

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The Protocol has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “Take Me Back” by Strength To Last.

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