Purpose

What is the reason for the foundation

Balancing indexing and governance presents a challenge in the realm of meta-protocols. A foundation addresses this by fostering a diverse pool of indexers for robust consensus, mitigating the risk of consensus errors seen with single indexer reliance. However, this diversity can cause coordination issues when updating standards like brc-20, as each indexer needs to independently implement and cross-validate the new 'truth'. The foundation aims to bridge this gap, serving as a public platform for proposing updates and validating implementations, while also nurturing ecosystem growth and inviting new standard/module proposals.