The Runes protocol, which facilitates the creation of fungible tokens directly on Bitcoin using its UTXO model, has overtaken BRC-20 in market capitalization. Memecoins serve as a speculative ...

RichSwap has launched on the new Runes Exchange Environment (REE) from Omnity Network. REE marks the beginning of Bitcoin’s evolution into a programmable and decentralized financial platform. It’s a ...

Omnity has announced the launch of RichSwap , an AMM DEX for DeFi on Bitcoin without bridges, wrapping, custodians, off-chain software, or singl ...

One of the key innovations of Bitcoin Runes is its use of an unspent transaction output (UTXO) model. Whereas other token standards typically rely on off-chain data, Runes' UTXO model will be ...

Bitcoin meme coin trading evolves with Odin.fun, a Runes protocol platform, challenging Solana's Pump.fun success in meme ...

This special use of the UTXO model is called “CoinJoin.” (Trigger warning: Within the actual Bitcoin history, this use wasn’t Satoshi’s design rationale for the UTXO model itself, but was discovered ...

“However, we are not yet at the extreme levels seen during previous cycle peaks.” Bitcoin UTXO age data (screenshot). Source: CryptoQuant An accompanying chart split UTXOs by coin ...

As a result, Taro also differs from other asset solutions on “highly programmable” blockchains, such as Ethereum’s ERC-20 and ERC-721 tokens, because it is based on Bitcoin’s UTXO model instead of an ...

What sets RGB++ apart is its ingenious method of mapping Bitcoin’s Unspent Transaction Outputs (UTXO) to Nervos CKB’s Cell model through a process known as isomorphic binding. This technique ...

Unlike traditional accounting, Bitcoin uses a unique system for keeping track of a user's coin balance (see UTXO). Bitcoin's accounting is also unlike the Ethereum model (see Ethereum account model).