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<p>The post <a rel="nofollow" href="https://coinpedia.org/crypto-live-news/bitcoin-ordinals-proposes-runes-protocol-to-tackle-scams-and-utxo-increase/">Bitcoin Ordinals Proposes RUNES Protocol to Tackle Scams and UTXO Increase!</a> appeared first on <a rel="nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Founder of Bitcoin Ordinals, Casey, has proposed the RUNES protocol as a potential solution to the issues caused by BRC-20. According to Casey, BRC-20 has led to a significant increase in UTXO, 99% of which he claims are scams and memes. The RUNES protocol uses UTXOs to hold balances of runes, allowing for any amount of any number of runes to be stored. This alternative protocol aims to address the issues caused by BRC-20 and create a more secure and streamlined system for users. Only time will tell whether or not the RUNES protocol is successful, but it is worth keeping an eye on as the world of cryptocurrency continues to evolve.</p>

Bitcoin Ordinals Proposes RUNES Protocol to Tackle Scams and UTXO Increase!

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