Cryptocurrency Q&A What is a fungible bitcoin asset?

What is a fungible bitcoin asset?

Silvia Silvia Sat Jul 13 2024 | 6 answers 1934
I don't understand this question. Could you please assist me in answering it? What is a fungible bitcoin asset?

6 answers

TaekwondoMasterStrength TaekwondoMasterStrength Mon Jul 15 2024
The efficiency of runes in data handling sets them apart from BRC-20 tokens.

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EthereumEagle EthereumEagle Mon Jul 15 2024
While BRC-20 tokens are known to create "junk" UTXOs, runes adopt a more streamlined approach.

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KatanaSword KatanaSword Mon Jul 15 2024
This streamlined design not only reduces the burden on the Bitcoin network but also enhances the user experience.

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BlockchainMastermind BlockchainMastermind Mon Jul 15 2024
Runes stand out as the pioneer in fungible Bitcoin assets compatible with the Lightning network.

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Silvia Silvia Mon Jul 15 2024
Distinguishing themselves from previous iterations, runes offer the unique capability of bridging to and from the Lightning network, providing seamless integration.

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