Bitcoin Runes, an innovative protocol introduced alongside Bitcoin’s halving event, aims to revolutionize the management of Unspent Transaction Outputs (UTXOs) on the Bitcoin blockchain. Created by Casey Rodarmor, the protocol enables direct utilization of Bitcoin’s native functionalities, eliminating off-chain data and native tokens, resulting in improved user experience, transparency, and integrity in transactions. Runes expands the types of tokens supported by the Bitcoin blockchain, potentially increasing its utility and simplifying NFT creation. Its launch has also contributed to a significant drop in transaction fees, making them more affordable for users.