Bitcoin Indexers are good

Homepage > News > Editorial > Bitcoin Indexers are good The views expressed in this article are those of the author and do not necessarily reflect the position of CoinGeek. STAS advances Bitcoin standard BOLT takes a different approach to tokens Exploring scalable token architecture with 1Sat Mandala Network’s three-layer design Why evolution beats reinvention Jon Southurst put the question in one sentence on CoinGeek in August 2022, and nobody has improved on the phrasing since: “How do you prove a token is valid through a string of transactions that may last for years or even centuries?” That is back to genesis, and not the Genesis Block, mind you. It is the token’s OWN genesis transaction, the mint, the moment somebody declared this thing exists, and here is how much of it there is. Tracking this back efficiently to make sure tokens are genuine or valid is the issue. It gets more and more tedious after every transfer, so how do we solve that? Every token protocol on BSV is an answer to that one question. And every one of them, as far as the public record is concerned, answers it with an indexer somewhere in the stack. Bitcoin-style tokens will ALWAYS need an indexer, an...