💰 Each Rune, a unique digital asset, is tied to a UTXO using a protocol message.
This message contains essential details like Rune ID, output index, and amount, all stored within an OP_RETURN output.
🔄 Unlike protocols relying on off-chain data, #Runes tap into #Bitcoin’s inherent on-chain data storage capabilities.
This reduces the occurrence of “junk” UTXOs, preventing network congestion and ensuring reliable transactions.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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