Casey Rodarmor, the creator of Ordinals, recently released a proposal for the Runes protocol. Will this actually lead to sustainable protocol development, or will the frogs make a mess again?
Casey Rodamor, the creator of the Ordinals protocol and reference implementation, recently dropped a proposal for a replacement to the BRC-20 fungible token protocol: Runes. It took roughly seven hours before basic implementations were live and people were minting tokens. They didn't draw from a specification, or a concrete design, just a rough blog post vaguely describing the concept.
Every operation done with a BRC-20, issuing a token, transferring a token, setting up a smart contract to use them, all of these things require multiple transactions by the simple virtue of using Inscriptions as the mechanism to encode token data on-chain. Inscriptions actually require a "staging transaction" to set up the one that actually puts the inscription data on-chain in the witness.
There are numerous reasons to do away with the current ordering scheme for Inscriptions that all boil down to removing mandated manual interventions into the protocol. The thinking prior to the proposal to remove the current numbering scheme entirely was to have periodic "blessing" ceremonies where cursed Inscriptions not indexed by the prior numbering scheme would be manually "blessed" and appended to the end of the numbering system.
They are repeating the same mistakes that lead to the current mess being debated in the Ordinals ecosystem right now around numbering: rushing ahead to build things with no consideration for long term consequences. Ordinals, and Runes, face the same inevitable issues that Bitcoin itself is going to have to face: the scalability limitations of blockchains.
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