How to Create a Trustless on-Chain Indexer for Bitcoin

The key idea is there will be value for a role played by the off-chain indexes still but instead of them being the validator or the authority figures in verifying those inscriptions and BRC 20 activities. So what we're trying to do is really create a trustless on-chain indexer that is smart contract based that reads the state of Bitcoin independently of the older off-chain Indexes. We are hoping to go live hopefully next month in June, hopefully earlier. And I think Stacks is very unique in that it has the read access to the global state of the Bitcoin," he said.