Article Summary, Automatically Generated By AI
Summary of Subsquid
- Subsquid Network: decentralized data lake and query engine for Web3 developers
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Features:
- Performant and permissionless access to data
- Modular architecture for scalability and convenience
- Secured by ZK proofs
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Goals:
- Build a neutral and open internet rooted in Web3 principles
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Alternative to:
- Unscalable and rigid monolithic indexing frameworks
- Centralized infrastructure firms (RPC and API providers)
About Subsquid: Unlocking the Power of Blockchain Data
The Subsquid Network is a pioneering decentralized data lake and query engine, engineered to provide developers with high-performance, permissionless access to data, with the ultimate goal of fostering a neutral and open internet grounded in Web3 principles. Underpinned by the security of ZK proofs, the Subsquid network features a modular architecture that enables unparalleled scalability and developer convenience, optimized for blockchain indexing, dApp development, and analytics.
Subsquid emerges as a beacon of hope in response to the limitations of traditional, monolithic indexing frameworks that had once garnered significant popularity and market traction among Web3 developers. However, these frameworks are now struggling to keep pace with the rapidly evolving blockchain landscape. Furthermore, Subsquid serves as a highly efficient and decentralized alternative to centralized infrastructure firms, including large RPC and API providers, thereby offering a more agile and adaptable solution.