SubQuery Network is revolutionizing the Web3 era by creating innovative data indexing tools that support inclusivity and decentralization. These tools bridge the gap between blockchains and user interfaces, improving the scalability and usability of decentralized applications (DApps).
Middleware, an essential component of DApps, consists of various elements such as indexers, RPCs, oracles, and decentralized data storage services. These components organize blockchain data, enable network interactions, and transfer real-world data to the blockchain. However, the centralized nature of middleware poses significant challenges, including instability and the risk of a single entity gaining control, which goes against the principles of decentralization.
To tackle these concerns, the Web3 community is actively developing alternatives to reinforce the decentralization of the middleware layer. By doing so, they ensure that the infrastructure remains robust and aligned with the decentralized ethos of Web3.
SubQuery Network is at the forefront of these developments, offering a scalable and unified data infrastructure that supports the vision of a decentralized future. Their platform provides developers with a suite of tools that empower them to create DApps without compromising on speed, flexibility, and efficiency. With support for over 160 networks, including those outside the Ethereum Virtual Machine (EVM) family, SubQuery Network is assisting developers globally.
Through its native token, SQT, SubQuery Network integrates indexing and RPC services into a single decentralized network. This allows users to access fully decentralized services, such as purchasing a plan for an RPC endpoint, with the simplicity of Web2 alternatives. The platform also offers free offerings to test the network’s load capacity and is continuously improving its performance with the beta launch of the SubQuery Data Node. Preliminary results show that the data indexer runs 3.9 times faster than The Graph.
James Bayly, the COO of SubQuery Network, emphasizes the critical role of middleware in the evolution of Web3 decentralization. He acknowledges the challenges faced by developers and aims to eliminate the need for sacrificing performance and reliability when building DApps. Bayly also highlights the reliance of many leading DApps on centralized middleware components that could be turned off at any moment.
The Web3 community’s focus on decentralizing middleware is paving the way for a secure, user-friendly, and public digital environment. As we move forward, developers will have an increasing number of choices in Web3, further driving the advancement of decentralized technologies.
To learn more about SubQuery Network and their contributions to the Web3 ecosystem, visit their website. Please note that Cointelegraph does not endorse any content or product mentioned in this article, and readers are advised to conduct their own research before making any decisions.