• 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

Binance Announces BEP20 Suspension for Essential Maintenance

chest

Binance has scheduled a temporary suspension of all deposits and withdrawals on the BNB Smart Chain BEP20 network for maintenance on January 23, 2025.

user avatarSatoshi Nakamura

Binance BEP20 Maintenance Scheduled for January 23

chest

Binance BEP20 maintenance scheduled for January 23, 2025, starting at 0655 UTC, during which all BEP20 transactions will be paused.

user avatarJesper Sørensen

The Hidden Costs of Sending Money to Nigeria

chest

A detailed analysis reveals that while fintech apps advertise no transfer fees, users often pay hidden costs through unfavorable exchange rates.

user avatarRajesh Kumar

Thailand SEC to Introduce New Regulations for Crypto ETFs and Futures Trading

chest

The Thai Securities and Exchange Commission is set to issue guidelines for crypto ETFs and futures trading to enhance the crypto market.

user avatarLucas Weissmann

KuCoin Thailand Suspended by SEC Due to Capital Issues

chest

The Thai SEC suspended KuCoin Thailand's operations due to failure to meet capital requirements, linked to a shareholder dispute.

user avatarFilippo Romano

MYX Finance's Long-Term Prospects Through 2030

chest

MYX Finance is expected to integrate more with traditional financial systems and adapt to regulatory changes by 2030.

user avatarTomas Novak

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.