Crypto Times - Bitcoin's halving brings the token standard Runes, potentially enabling new DeFi applications on Bitcoin like Ethereum's ERC-20 tokens, but opinions are divided on its impact

https://www.cryptotimes.io/2024/04/20/bitcoins-runes-protocol-hype-or-reality-after-halving/

Bitcoin's fourth halving coincided with the launch of Runes, a new standard for creating tokens on the Bitcoin network, similar to Ethereum's ERC-20.

This could enable a wider variety of digital assets on Bitcoin and potentially boost its value, replicating the success of Bitcoin Ordinals.

However, there are mixed reactions, with some concerned about potential network issues while others see it as a positive development for DeFi.

Beware of Bitcoin halving and Runes protocol hype!!