• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

SubQuery Network Introduces Decentralized RPCs for Polkadot Ecosystem

user avatar

by Giorgi Kostiuk

a year ago


SubQuery Network, a provider of Web3 infrastructure, has introduced two new RPCs for the Polkadot ecosystem, marking the debut of decentralized RPCs on Substrate-based networks. These RPCs are now accessible for Polkadot and Kusama.

SubQuery's web3 infrastructure is utilized by nearly 200 networks globally. It operates as a network of decentralized indexers and RPC providers, eliminating the dependence on centralized control points. This decentralized approach enables decentralized applications (dapps) to efficiently access reliable blockchain data. Developers working on Polkadot and Kusama projects can now leverage SubQuery's decentralized RPC nodes.

The Chief Operating Officer of SubQuery, James Bayly, expressed enthusiasm about this milestone, stating that SubQuery is proud to pioneer decentralized RPCs for Polkadot on their network. The node operators of SubQuery currently manage RPCs and various nodes across multiple ecosystems. With a strong foundation within the Polkadot ecosystem, SubQuery is well-suited to support the infrastructure needs of developers on Polkadot.

The deployment of Polkadot RPCs by over 30 independent Node Operators enhances the functionality of blockchain projects by facilitating efficient data retrieval from various sources. RPCs play a crucial role in data retrieval, smart contract interactions, and transaction submissions between blockchain nodes and external entities. By utilizing decentralized RPCs, dapps can operate independently without relying on centralized middleware, reducing associated risks. SubQuery Network's decentralized RPCs ensure secure and efficient web3 communication, supporting the reliable and transparent operations essential for decentralized public interest networks (DePINs) to thrive.

Initially designed to connect with Polkadot's unique multi-chain architecture, SubQuery's indexer has expanded to serve hundreds of networks, establishing itself as a key web3 data indexing service.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Balancer Sets New Standards for User Protection in DeFi

chest

Balancer's recent decision to reimburse liquidity providers after a major hack is setting a new standard for user protection in decentralized finance.

user avatarDiego Alvarez

Balancer to Return $8 Million to Liquidity Providers After Major Hack

chest

Balancer is set to return $8 million to its liquidity providers following a significant security breach that resulted in $110 million in losses.

user avatarElias Mukuru

New Filters Enhance Momentum Trading Strategies

chest

The recently released report on momentum trading highlights the critical role of universal quality and liquidity filters for traders to eliminate low-quality false signals and focus on stocks with strong institutional support.

user avatarKenji Takahashi

New Report Unveils 10 Elite Momentum Scans for Traders

chest

A new report has been released detailing ten actionable momentum scans designed to help traders identify stocks poised for significant upward movement.

user avatarMaria Fernandez

Bhutan Integrates Cryptocurrency Payments to Boost Tourism

chest

Bhutan announced plans to integrate cryptocurrency payments to attract younger travelers and modernize its tourism industry.

user avatarGustavo Mendoza

Bhutan Migrates Digital ID System to Ethereum

chest

Bhutan has begun migrating its self-sovereign digital ID system from Polygon to Ethereum, allowing residents to verify identities and access government services.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.