Overview

What is ASC-20?

The ASC-20 inscription standard is unique to the Avalanche blockchain which standardizes the token protocol for inscriptions. On the Avalanche blockchain, anyone has the ability to deploy, mint, and trade ASC-20 inscriptions.

Indexer

An indexer for a blockchain is a software tool that arranges and indexes the data stored on the blockchain to enhance search-ability and accessibility. When a transaction is confirmed and added to the blockchain, it contains various details like sender, receiver, timestamp, and transaction specifics. However, retrieving specific information from the blockchain can be challenging due to its decentralized and distributed nature. An indexer addresses this challenge by extracting and organizing the relevant data from the blockchain into a searchable format. It creates an index or database that enables users or applications to swiftly query and retrieve specific information. This includes searching for particular transactions, addresses, blocks, or other data elements stored on the blockchain. In our case, we utilize a JSON-format ASC-20 Indexer.

Here is a simple example:

data:,{"p":"asc-20","op":"mint","tick":"aval","amt":"100000000"}