As the brc-20 infrastructure for a Layer1 future is being built out natively on bitcoin, it is great to see teams like @EmblemVault expanding the ecosystem to provide holders access to further functionality today.
For the initial launch the Emblem Vault team has given me 200
#brc20 Indexer - the Reference Implementation
๐นA collaboration model for brc-20 maintainers: Instead of releasing a standalone UniSat Indexer, the reference indexer implementation is now built based on BestInSlotsโs modified version of ord.
๐นReference implementation of the
The agreed path forward:
- 0.14 ord version.
- Vindications ignored. Can be enabled in future.
- Handling for the edge case raised in the vindication PR. Linked below.
- Delegation/encoding ignored.
More to come. Thanks to all that came together to arrive at this solution.
It's cool to see the semi-fungible, composable design of brc-20 gaining traction on Ethereum. I believe there's still a vast realm to discover by embracing the unique characteristics of this new asset class.
Was great to meet all the ordinals builders, creators, and enthusiasts in Miami last week. The fresh ideas, irl connections, and renewed motivation I left with made my last minute decision to go an excellent one!
Recognizing the serious implications and valuations involved, I believe rushing these updates in BRC20 is reckless, disregards their peer indexers, and could potentially harm the broader community of BRC20 users. The 0.8/0.9 incident highlighted the complexities of integrating
UniSat will follow the Ordinals Jubilee upgrade, to confirm that brc-20 is still on Ordinals without splitting into an isolated protocol.
Also, a whitepaper is arriving on January 31. 2024, which is probably the most significant present we are able to deliver since last
Reaching block height 816,000 will trigger the integration of the version 0.90 freeze into the brc-20 docs. The fact that this is the first update in seven months is by design, underscoring the importance of simplicity and trust in maintaining social consensus.
For the record, I believe people should have the freedom to choose any standard they want for their assets. However, there are better ways to achieve this than taking from your community to benefit billionaires.
Kudos to @unisat_wallet for open sourcing their indexer yesterday. This step effectively closes the initial chapter of brc-20 and sets the stage for a chaordic future.