Maestro, a Bitcoin DeFi infrastructure company, is building a native indexer for Ordinals and Runes on the Internet Computer Protocol (ICP). The project is supported by a grant from the DFINITY Foundation and will run as a canister within ICP’s blockchain network. The indexer will provide real-time Bitcoin asset data to support applications built on ICP.
ICP has become a leading platform for Bitcoin smart contracts through its Chain Fusion technology, which allows direct interaction with Bitcoin without intermediaries. The new indexer from Maestro will improve support for Ordinals and Runes applications on ICP by offering fast and reliable data access from the Bitcoin network.
The system will validate Bitcoin asset activity directly within ICP, using features like mempool monitoring and protection against blockchain reorganizations. These tools are aimed at improving the speed and accuracy of data delivery for developers building on the platform.
Liquidium, a Bitcoin-based lending protocol, will be the first to use the indexer. It plans to launch a new product that lets users lock Bitcoin on its base layer and borrow USDT on Ethereum without using bridges or wrapped tokens.
Maestro’s infrastructure already supports hundreds of applications and developers. The new indexer will be open-sourced and available for use across the ICP ecosystem. This project is part of a broader push to expand Bitcoin-related development on ICP by giving developers secure tools for building native applications.
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