Introducing Parsiq Data Hub
Introducing Parsiq Data Hub, Tsunami API, and Data Lakes. The PARSIQ Network is set to reinvent the way dApps and protocols access Web3 data. They are setting a new standard when it comes to speed, customization, and accessibility.
Furthermore, no longer will it take hours or days to access and collect data, and no longer will it take weeks to restructure that data. With PARSIQ, the process is nearly instantaneous. They are capable of providing data for 6,288,000,000 transactions in under 1 second!
Parsiq aims to become the go-to, full-suite data network for building the backend of dApps & protocols across all of Web3. And they’re already paving the way to realize its goal. No one currently offers the same services — with the same level of efficiency, comprehensiveness, and speed — as PARSIQ will with the new products they are creating.
Parsiq stack of products is a complete package, ready “out of the box”, allowing users to access and manipulate data however they like and in whatever language they prefer. Whether it be historical data and indexing, real-time data and monitoring, or even data storage, the ease of accessing and utilizing Web3 data from the PARSIQ Network is unmatched.
Its flagship product — the Tsunami API — is slated for launch in July of 2022. So, all of this is less than a couple of months away!
Additionally, Parsiq will focus specifically on the first three products (of several) that they are preparing for launch: the Tsunami API, Data Lakes, and Data Hubs.
PARSIQ Network Products
In the coming months, PARSIQ Network is planning to launch our Tsunami API, Data Lakes, and Data Hubs. Already in a successful alpha testing phase, the Tsunami API is scheduled for release in July of this year.
Moreover, while each of these products is unique and serves its own role when taken together, they form the basis of its platform’s ability to provide Web3 dApps and protocols with solutions for all their data needs. This includes real-time data, historical data, data storage, and more.
The Tsunami API: Instant Web3 Data
The Tsunami API is the core API created by the PARSIQ Network. Tsunami provides Web3 dApps and protocols access to the full spectrum of data on a given blockchain. Providing raw data — both real-time and historical — will enable its clients to track any kind of events, metrics, or statistics they desire, such as TVL, liquidity, current and historical token prices, user balances, and more.
Data Lakes: Custom-Tailored Data Made Accessible and Easy
The Data Lakes created by the PARSIQ Network will be specialized and custom-tailored lakes, dedicated to each individual decentralized app or DeFi protocol. They will dedicate the sites for any and all of the data generated by a specific project, platform, or protocol.
Data Hubs: Rendering Web3 Data Secure, User-Friendly, and Reliable
Data Hubs are a bit easier to explain than everything covered in the Tsunami API and Data Lakes. This is because, just as Data Lakes are an extension of the Tsunami API, Data Hubs are an extension of Data Lakes.
Specifically, Data Hubs are a data storage solution for custom-tailored data of the dApps and protocols supported by Data Lakes. Every Data Lake has its own unique Data Hub. However, Data Hubs are not as open and expansive as Data Lakes. They contain, instead, only the data specific to the particular dApp or protocol supported by the Data Lake.
With its new suite of products, PARSIQ Network will set a new standard for Web3 data and become the go-to backend solution for all Web3 data needs.
ABOUT PARSIQ
PARSIQ is a full-suite data network for building the backend of all Web3 dApps & protocols. The Tsunami API launches in July 2022. It will provide blockchain protocols and their clients (e.g. protocol-oriented dApps) with real-time data and historical data querying abilities.
