On-Chain Parsing and Storing of BTC Assets

Bitcoin block data is parsed in exSat smart contracts, and the asset data is stored in RAM, which is a decentralized database. So the asset data is in consensus and can be fully trusted. The asset data is read only to DApps, only the block parsing contract has permission to update it. The asset data could be obtained in smart contracts or from off-chain services via RPC endpoints, thus supporting the growing Bitcoin ecosystem.

In the exSat system, the management of Bitcoin's real-time block data is a critical function, requiring careful consideration of both reversible and irreversible data. This is due to the inherent nature of the Bitcoin blockchain, which only has probabilistic confirmation. To effectively handle these data states, exSat employs a sophisticated data indexing strategy that separates reversible from irreversible data.