Maestro is addressing Bitcoin's limitations in supporting smart contracts by developing a native indexer for Ordinals and Runes through the Internet Computer Protocol. This project aims to create an on-chain system that allows real-time access to Bitcoin transaction data, crucial for developers of financial applications. By integrating these new metaprotocols, Maestro hopes to enhance security and efficiency for decentralized finance on Bitcoin without compromising decentralization. This could signal a transformative step toward wider adoption of Bitcoin in the DeFi landscape.
Maestro is creating an on-chain system to index Ordinals and Runes, two emerging Bitcoin metaprotocols, inside ICP canisters.
By integrating these protocols natively into ICP smart contracts, Maestro aims to enable real-time access to Bitcoin transaction data with accuracy and resilience.
This open-source, enterprise-grade indexer could be a turning point for building truly decentralized financial applications directly on Bitcoin.
The goal is to ensure developers can build financial applications without encountering delays or inaccuracies due to blockchain reorganizations.
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