We are thrilled to announce the alpha release of the Bitcoin Oracle, a groundbreaking step in decentralized finance, developed in collaboration between ALEX, Domo, and our esteemed partners BIS, Hiro, UniSat, Xverse and Xlink.

Key Features of the Alpha Release:

•BRC20 Transfers and Balances: Validated by a smart contract-based consensus among BIS, Hiro and UniSat.

•Indexer Performance Dashboard: Now accessible at Bitcoin Oracle Network.

Ongoing Developments During Alpha Phase:

•Expansion of Indexer Nodes: Addition of multiple instances, across different regions, of open source reference indexer implementations to foster an open membership-based oracle, with commitments from Hiro, BIS, and UniSat for their open-source implementations.

•Core Client API Release: Enabling dapps and wallets to access oracle data efficiently.

•Partnerships for Development and Testing: Xverse and Xlink join as the key partners that will be integral in developing and testing the client API.

Looking Ahead: Beta Release and Beyond

•The beta release is scheduled for Q1 2024, inviting additional dapps and wallets for integration with the oracle.

•We encourage community members to participate in running indexer nodes and validating BRC20 events.

•Targeting the end of Q1 2024 for the completion of the beta phase, we aim for the general availability of the Bitcoin Oracle.

This alpha release marks a significant milestone in our journey towards a more transparent, secure, and decentralized financial ecosystem. We eagerly anticipate the community's involvement and feedback as we progress towards the beta release and beyond.