A New Way to Index Ordinals
Bitcoin ordinals became one of the hottest narratives in Web3 in the past year with over 65M inscriptions to date, and ordinals played a major role in revitalizing Bitcoin culture. But getting Ordinals data from the Bitcoin blockchain isn’t easy.?
When building an indexer for ordinals, you need to track the path each satoshi takes from the point of its creation to the present, and that data set is massive. There are billions of satoshis, and some have been transferred over 100,000 times before being inscribed.
An indexer needs to be able to both quickly traverse that (very) large dataset AND efficiently navigate Bitcoin reorgs. That poses challenges, and we encountered them firsthand when we first started building with ord, the canonical implementation of Ordinal Theory, back in February 2023.
To navigate those challenges, we built our own ordinals indexer called Ordhook from the ground up.?
In our latest blog post, we break down the lessons we learned building our own indexer and how Ordhook takes a fundamentally different approach to indexing ordinals data than ord.
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