RSK Integrates with Covalent, Bringing Data Accessibility to the RSK Ecosystem

Published on: 21.01.2022

Covalent, the leading provider of indexing solutions for blockchains, has integrated with RSK, expanding the availability of data on the platform and simplifying the experience for developers who need reliable, high-quality data.

Covalent provides a unified API to bring full transparency and visibility to assets across all blockchain networks. Its dataset supports 25B+ transactions, 30,000+ price feeds, and 200,000+ smart contracts for querying.

RSK is the first general-purpose smart contract platform secured by the Bitcoin network. At least half of Bitcoin miners, measured by hash rate, merge mine with RSK. The PowPeg, part of the RSK protocol, allows users to convert BTC on the Bitcoin network with RBTC on the RSK network 1-to-1, in both directions. RSK supports a smart contract platform that is compatible with EVM at the bytecode level and exposes an RPC interface compatible with geth. These allow smart contract and DApp developers to use the same tools, libraries, and skills to develop on RSK.

Through this integration, RSK is expanding the availability of data on the platform and simplifying the experience for developers who need reliable, high-quality data. Using the Covalent API, developers can pull RSK Mainnet data. You can access the network via the unified API by changing the chainId parameter – simply use “30” for RSK Mainnet. The blockchain data available includes:

  • Token balances per address
  • Historical transactions per address
  • Historical prices by address and ticker symbol
  • Decoded log events

This seamless experience significantly enhances the RSK developer experience.

– Brendan Graetz, IOV Labs Head of Developer Experience

“Using Covalent’s API, my team was able to build a stablecoin gas price comparison tool, without the need to operate our own persistence or caching layer. This significantly reduced both the development effort and the DevOps resources we needed to dedicate to the project”

– Ganesh Swami, CEO of Covalent

“Bitcoin is long overdue for scalability and functionality improvements. It will be exciting to see how developers start harnessing the potential of smart contracts on Bitcoin with our unified API.”

SOURCE

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