• 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

2 years 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

Crypto Investment Funds Face Continued Outflows Amid Market Slowdown

chest

Crypto investment funds have faced a fifth consecutive week of net outflows, totaling approximately $4 billion over five weeks, with a significant decline in trading activity.

user avatarAyman Ben Youssef

Blockchain Association Unveils New Tax Principles for Digital Assets

chest

The Blockchain Association has introduced a framework to guide lawmakers on digital asset taxation as discussions around the CLARITY Act continue.

user avatarSon Min-ho

Market Leverage Ratio Declines, Indicating Reduced Speculative Positioning

chest

The Estimated Leverage Ratio in the crypto derivatives market has sharply declined, suggesting a reduction in speculative positioning and a calmer market environment.

user avatarTando Nkube

Castle Labs Warns of Overbuilt Crypto Market

chest

Castle Labs warns that the cryptocurrency market is overbuilt, with most tokens likely to lose value unless they demonstrate real business traction.

user avatarKofi Adjeman

Bitcoin Mining Difficulty Rebounds, Indicating Network Resilience

chest

Bitcoin mining difficulty has rebounded after a brief dip, indicating renewed miner participation and confidence in Bitcoin's long-term viability.

user avatarNguyen Van Long

Jameson Lopp Raises Alarm Over BIP110's Risks

chest

Jameson Lopp escalates his criticism of the BIP110 proposal, warning it could lead to a disruptive Bitcoin chain split.

user avatarSatoshi Nakamura

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.