Blockchain
Chainstack, a web3 infrastructure agency, has launched Subgraphs, a blockchain knowledge indexing device meant to ship real-time on-chain knowledge entry for purposes reminiscent of crypto initiatives, exchanges, wallets, and NFT and gaming platforms.
An on-chain knowledge indexer extracts and organizes knowledge from a blockchain’s transaction historical past in a format that’s simply searchable and accessible. This makes it simpler for builders to entry and analyze blockchain knowledge and allows the creation of decentralized purposes that work together with the blockchain in real-time.
In response to a launch, Chainstack Subgraphs helps 13 main blockchains at launch, together with Ethereum, Polygon, BNB Chain, Avalanche, Optimism, Arbitrum, Close to, Aurora, Fantom, Gnosis, Concord and Cronos.
Chainstack’s resolution goals to streamline the extraction and processing of knowledge from archive nodes on Ethereum and different blockchains, enabling builders to question real-time on-chain knowledge with quick syncs. It goals to compete with present indexing options reminiscent of The Graph, Covalent and Dune Analytics.
It enhances Chainstack’s present multi-chain node and knowledge APIs providing, in addition to different instruments for constructing purposes throughout widespread blockchains and web3 protocols.
Subgraphs goals to simplify on-chain knowledge entry
By offering a single entry level for knowledge throughout all supported protocols with Subgraphs, Chainstack goals to assist groups start utilizing the indexer by means of a hosted service. Through the use of a hosted service, builders can concentrate on constructing purposes with out worrying concerning the complexities of extracting, indexing and sustaining the info themselves.
“We’re excited to launch the Chainstack Subgraphs and maximize the worth of our platform, offering web3 builders and companies with a easy and dependable solution to entry on-chain knowledge,” mentioned Eugene Aseev, founder and chief expertise officer at Chainstack.
The staff claimed that Chainstack Subgraphs goals to fill any potential gaps with the gradual sunsetting of a hosted on-chain indexing resolution provided by The Graph, one of many most-widely used knowledge indexers within the crypto area. In mid 2022, The Graph mentioned it could discontinue help for its hosted service in favor of a extra decentralized, open structure.
