• 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

Bitcoin and Ethereum ETFs Experience Major Capital Flows Amid Market Changes

chest

Bitcoin and Ethereum ETFs have experienced significant inflows and outflows influenced by macroeconomic factors and geopolitical tensions, with Bitcoin ETFs seeing a peak inflow of over $4.7 billion on April 6, 2023.

user avatarMaria Gutierrez

XRP and Solana ETFs Face Low Demand Amid Market Volatility

chest

XRP and Solana ETFs are facing low demand due to market volatility, with XRP attracting only $138 million and Solana just $1.169 million in inflows.

user avatarArif Mukhtar

CoW Swap Frontend Compromised, Users Advised to Stay Away

chest

CoW Swap, an Ethereum-based decentralized exchange aggregator, has warned users to avoid its protocol after its frontend interface was compromised.

user avatarDavid Robinson

Tether Launches Self-Custodial Digital Wallet TetherWallet

chest

Tether has launched a self-custodial digital wallet called TetherWallet, supporting USDT, USAT, Bitcoin, and XAUT, aimed at enhancing accessibility for mainstream users.

user avatarAndrew Smith

Senators Near Compromise on Stablecoin Yield Issue

chest

Senators negotiating the stablecoin yield issue are making progress, with a draft compromise expected to be released later this week.

user avatarJacob Williams

Bitcoin Surges Past $75,000 Mark Amid Rising Short Liquidations

chest

Bitcoin's price has risen to over $75,000, marking its highest level since early February, driven by significant short liquidations.

user avatarZainab Kamara

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.