While traditional apps run on centralized servers and are controlled by a single entity (like a tech company), DApps operate on blockchain networks, making them open, transparent, and resistant to censorship.

What Are DApps?

DApps (Decentralized Applications) are software programs that run on a blockchain or peer-to-peer network instead of a centralized server. This means no single person or organization controls the app or its data. Instead, control is distributed across its users.

DApps are usually open-source, governed by smart contracts (self-executing code on the blockchain), and require cryptocurrency (often in the form of tokens) to function.

Key Features of DApps:

• Decentralization: Operates on a blockchain, removing single points of failure.
• Transparency: Anyone can view the app’s code and transaction history.
• Trustless environment: No need for intermediaries—smart contracts handle the logic.
• Token-based economy: Most DApps use native tokens for governance, rewards, or fees.

How DApps Differ From Traditional Apps

Real-World Examples of DApps

The DApp ecosystem is thriving across industries—finance, gaming, social media, and more.

Here are some leading blockchain platforms and projects that support DApps:

1. Ethereum (ETH)

The pioneer of smart contracts and the most popular platform for DApps. Projects like Uniswap (decentralized exchange), Aave (lending/borrowing), and OpenSea (NFT marketplace) are built on Ethereum.

2. Polygon (MATIC)

A Layer 2 scaling solution for Ethereum that supports faster and cheaper DApps. Popular for NFT games and DeFi protocols.

3. Solana (SOL)

Known for its high-speed and low-fee transactions. DApps like Serum (DEX) and Phantom Wallet thrive on Solana.

4. BNB Chain (formerly Binance Smart Chain)

Offers high throughput for DeFi and gaming DApps. Examples: PancakeSwap, Venus Protocol.

5. Avalanche (AVAX)

A highly scalable and eco-friendly platform hosting DApps like Trader Joe and Yield Yak.

6. Polkadot (DOT)

Supports interoperability between different blockchains and is home to parachain-based DApps like Moonbeam and Acala.

7. NEAR Protocol

Developer-friendly, scalable, and supports a growing ecosystem of DeFi and NFT DApps.

8. Sonic Labs (SONIC)

Fast and cost-efficient, hosting DApps like SpookySwap and Tomb Finance.

Why DApps Matter

As people demand more control over their digital identity, finances, and privacy, DApps offer a powerful alternative. They shift power from centralized corporations to individuals—enabling fairer participation in the digital economy.

Whether you’re trading tokens on a decentralized exchange, earning yield in DeFi, or owning NFTs in a metaverse game, DApps represents the next evolution of the internet—Web3.

📌 Final Thoughts

DApps are not just a tech buzzword—they are transforming how we interact with the digital world. As infrastructure improves and adoption grows, expect to see DApps play a crucial role in reshaping industries from finance to healthcare.

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Multichain Experiences Exploit Resulting in $127M User-Token Theft

This vulnerability has raised concerns about the security of cross-chain operations within these networks.

Multichain, a prominent blockchain platform, is reportedly targeted in a hack resulting in an approximate outflow of $130M worth of various tokens across its bridges on blockchain networks like Fantom, Moonriver, and Dogechain. However, the alleged breach has caught the attention of the blockchain community, raising concerns about security and the impact on affected users. According to on-chain analytics firm Lookonchain, the stolen funds predominantly consist of $62M in $USDC, $31M in $wBTC, and $13M in $wETH.

~$127M locked assets on #Multichain were abnormally moved to 6 addresses ~7 hrs ago.

Including:
62.6M $USDC
1,030 $WBTC($31M)
7,214 $WETH($13.4M)
5M $DAI
910K $UNIDX($3.3M)
491K $LINK($3M)
2.5M $USDT
9.7M $WOO($2.1M)
1.3M $ICE($1.8M)
1.36M $CRV($1M)
134 $YFI($914K)
502K $TUSD pic.twitter.com/C4c6nnbGQv

— Lookonchain (@lookonchain) July 7, 2023

Moreover, according to DefiLlama, bridge-based exploits have resulted in a staggering $2.66 billion in losses over recent years. Adding to the mounting challenges, Multichain recently experienced significant outflows totaling nearly $130 million worth of various tokens across its bridges on Fantom, Moonriver, and Dogechain networks. On-chain analytics firm Lookonchain estimates that the largest stolen amounts comprise $62 million worth of USD Coin (USDC), $31 million in wrapped Bitcoin (wBTC), and $13 million in wrapped Ether (wETH), based on blockchain data.

Conclusion

The decline in Multichain’s MULTI tokens, combined with the significant outflows of tokens across its bridges, shed light on the vulnerabilities faced by bridge networks. The reported theft of approximately $130 million worth of tokens underscores the urgent need for improved security measures. As the industry works towards fortifying bridges and enhancing the resilience of the crypto ecosystem, the path ahead involves collaborative efforts and proactive measures to protect user assets and maintain trust within the decentralized finance space.

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This will represents a crucial advancement in our pursuit to provide Auction as a Service, the ultimate decentralized auction experience for our users. Leveraging Fantom’s near-instant transaction speed, minimal fees, and strong security features, Bounce Finance sets a new benchmark in the decentralized auction space. Bounce Finance are excited to embark on this journey together with Fantom and look forward to exploring further possibilities to elevate and expand their platform. As Bounce Finance announced their Integration with Fantom.

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About Bounce Finance

A decentralized auction protocol that empowers users to create and participate in diverse types of auctions across multiple blockchain networks. With a strong focus on Auction as a Service, Bounce Finance offers a seamless, transparent, and secure auction experience with a wide range of products, including Token & NFT Auctions, Real-World Collectible Auctions, Ad Space Auction, and SDKs & Plug-Ins. Recently, Bounce Finance has also introduced Private Launchpad services, an on-chain solution designed to streamline IDOs for new projects. Leveraging the transparency and efficiency of on-chain auctions, Bounce Finance is committed to providing comprehensive support and state-of-the-art services to promising projects, facilitating their growth and success.

Website | Twitter

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About Fantom

Fantom (FTM) is a smart contract platform for digital assets and DApps designed to overcome the limitations of the previous-generation blockchain networks facing the blockchain “trilemma.” The platform can execute multiple blocks simultaneously using its unique asynchronous byzantine fault tolerance consensus algorithm. FTM is the native utility PoS token of Fantom powering the ecosystem.

­Website | Twitter

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SOURCE: MEDIUM

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Flux Exchange Trading Contest will feature two leaderboard categories, ensuring that traders of all portfolio sizes have an equal opportunity to win big. As Flux Exchange Launches Trading Contest on Fantom.

Highest ROI (%)

ROI (%) is defined as Profits / Max Collateral * 100

Profits meaning: Sum of all realized and unrealized profits and losses, including open positions at the deadline

Max Collateral meaning: Total collateral used in positions at once, deducting any profits earned on it.

How to win?

Trade eligible pairs during the contest period! The higher the ROI or Profits, the higher your rank!

Rules to Follow

• Trading Contest on Fantom Opera starts on May 13th, 00:00 UTC, and ends on May 27, 00:00 UTC
• There’s a minimum trade volume of 100$ to enter the competition.
• Users can Leverage up to 100x on Selected Pairs
• Only trades opened and closed on Flux Exchange within the competition date range will count towards the competition statistics.
• To qualify for any prizes, claim your profile on the Flux Exchange Leaderboard
• Profit, loss, and max collateral will be calculated in USD.
• A trader can collect prizes in both categories: P&L(%) and Notional P&L

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About Flux Exchange
Flux Exchange is a decentralized platform for spot and perpetual trading with low swap fees and zero price impact. The unique multi-asset pool allows liquidity providers to earn income through market making, swap fees, and leveraged trading. Traders can easily swap tokens in Flux Exchange Pools, while Liquidity Providers can earn swap fees by providing tokens to the pools.

Website | Discord | Telegram 

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SOURCE: MEDIUM

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Lava connects developers to a decentralized network of API providers — allowing them to build web3-native apps on any chain, while giving users the best possible experience. As Fantom is Now Supported on Lava Network.

Developers don’t have to spend resources on hosting their own infrastructure, nor to rely on any single endpoint — centralized or altruistic.

SDK and Server Kit

Developers can also use their Server Kit to build their own self-hosted gateway, and gain p2p access to providers on Lava Network.

Very soon they’ll release Lava SDK — a JavaScript / TypeScript implementation of Lava’s Protocol, that empowers developers with plug & play integration of multi-chain RPC, by adding a simple js library to their code!

Lava’s decentralized design gives it many advantages over centralized providers

• Connect to many providers = High uptime — Clients pair with a list of Providers and score them across latency, freshness and availability in a peer to peer system which determines Provider rewards.
• Specifications that can support any chain, any API — With Lava as your provider, you can change your configuration to access any chain and any API currently served by the network.
• Network redundacy for scaling with traffic surges — Applications interact with a list of Providers, which maximizes uptime and service coverage.
• Consensus-based Data Accuracy — Clients uses a threshold-based algorithm, without charge, to sample API endpoints and probabilistically minimize response conflicts.

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About Lava

A decentralized network of top-tier API providers that developers can subscribe to for access to any blockchain. Providers are rewarded for their quality of service, meaning your app and users get maximum speed, data integrity and uptime.

Website | Twitter

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About Fantom

Fantom (FTM) is a smart contract platform for digital assets and DApps designed to overcome the limitations of the previous-generation blockchain networks facing the blockchain “trilemma.” The platform can execute multiple blocks simultaneously using its unique asynchronous byzantine fault tolerance consensus algorithm. FTM is the native utility PoS token of Fantom powering the ecosystem.

­Website | Twitter

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SOURCE: MEDIUM

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Decentralized Finance (DeFi) is a revolutionary movement that seeks to create a new financial system that is open, transparent, and accessible to everyone. It is a blockchain-based financial ecosystem that is designed to be more efficient, secure, and affordable than traditional financial systems. DeFi is built on the principles of decentralization, transparency, and trustlessness. One of the key players in this space is Fantom, a fast, scalable, and secure blockchain platform that is playing a critical role in the DeFi revolution. In this article, we will take a closer look at Fantom’s role in the DeFi revolution, with a particular focus on the FTM token.

What is Fantom?

Fantom is a high-performance, scalable, and secure blockchain platform that is designed to support decentralized applications (dApps) and smart contracts. The platform uses a consensus mechanism called Lachesis, which enables it to achieve high levels of scalability and speed. Fantom is built on the Ethereum Virtual Machine (EVM), which means that it is fully compatible with Ethereum and all of its tools and infrastructure.

Fantom’s Role in the DeFi Revolution

Fantom is playing a critical role in the DeFi revolution by providing a fast, scalable, and secure platform for the development and deployment of decentralized applications and smart contracts. Fantom is particularly well-suited to the DeFi space because it can handle high transaction volumes and complex smart contracts with ease. This makes it an ideal platform for DeFi protocols that require fast and secure transactions, such as decentralized exchanges (DEXs) and lending platforms.

Fantom’s high level of scalability also makes it well-suited to the needs of DeFi users, who require fast and affordable transactions in order to participate in the ecosystem. With Fantom, users can enjoy fast transaction speeds and low transaction fees, which makes it easier and more affordable for them to use DeFi applications.

The FTM Token

The FTM token is the native cryptocurrency of the Fantom platform. It is used to pay for transaction fees, incentivize network participants, and participate in the governance of the platform. The FTM token is also used as collateral in various DeFi protocols, such as lending platforms and liquidity pools.

One of the unique features of the FTM token is its staking mechanism. Users can stake their FTM tokens in order to earn rewards in the form of more FTM tokens. This incentivizes users to hold their FTM tokens and participate in the governance of the platform. The staking rewards are funded by the transaction fees generated by the platform, which ensures that the incentives are sustainable and aligned with the interests of the network.

The FTM token has seen significant growth in value and adoption over the past year, thanks in large part to Fantom’s success in the DeFi space. As of March 2023, the FTM token has a market capitalization of over $10 billion, making it one of the most valuable cryptocurrencies in the world.

Fantom’s DeFi Applications

Fantom has a growing ecosystem of DeFi applications that are built on top of its platform. One of the most popular DeFi applications on Fantom is the SpookySwap decentralized exchange, which allows users to trade cryptocurrencies in a fast and secure manner. SpookySwap has seen significant adoption in the DeFi space, thanks to its low transaction fees and fast transaction speeds.

Fantom also has a growing ecosystem of lending platforms, such as SpiritSwap and Curve Finance, which allow users to lend and borrow cryptocurrencies in a decentralized manner. These platforms use the FTM token as collateral and offer competitive interest rates to users.

Fantom’s DeFi applications also include liquidity pools, such as the Fantom Opera Pool, which allow users to provide liquidity to the platform and earn rewards in the form of FTM tokens. These liquidity pools play a critical role in the functioning of DeFi protocols, as they ensure that there is enough liquidity in the system to support trading and lending activities.

Fantom’s interoperability with other blockchains also makes it an ideal platform for cross-chain DeFi applications. For example, Fantom is fully compatible with Ethereum, which means that DeFi protocols built on Fantom can easily interact with Ethereum-based protocols. This interoperability also enables the creation of innovative DeFi applications that bridge different blockchains, such as cross-chain liquidity pools and decentralized exchanges.

Fantom’s Future in DeFi

Fantom’s future in the DeFi space looks bright, thanks to its strong performance and growing ecosystem of DeFi applications. As the DeFi space continues to grow and mature, there is likely to be increasing demand for fast, scalable, and secure blockchain platforms like Fantom.

Fantom is also well-positioned to benefit from the trend towards interoperability in the DeFi space. As more DeFi protocols are built on different blockchains, there will be a growing need for platforms that can facilitate cross-chain interactions and transactions. Fantom’s interoperability with Ethereum and other blockchains positions it well to meet this demand.

Conclusion

Fantom is a high-performance, scalable, and secure blockchain platform that is playing a critical role in the DeFi revolution. Its fast transaction speeds, low transaction fees, and interoperability with other blockchains make it an ideal platform for DeFi protocols. The FTM token is the native cryptocurrency of the Fantom platform, and it is used to pay for transaction fees, incentivize network participants, and participate in the governance of the platform. With a growing ecosystem of DeFi applications, a strong performance record, and increasing demand for interoperability, Fantom is well-positioned to continue playing a leading role in the DeFi revolution in the years to come.

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INTRODUCING ATLANTICA

Atlantica is a user-friendly protocol designed for creators of all backgrounds. Its purpose is to foster the creation and exchange of non-fungible tokens (NFTs) across a variety of mediums, not just digital art. The platform comprises three distinct sub-projects, each with its own unique focus, all aimed at advancing the NFT ecosystem.

Through the team efforts, the project has reached a significant milestone: the successful initial public release and fine-tuning schedule of their various sub-projects.
These developments are to position Atlantica as dependable servicer in the NFT Industry, and Hector Network (learn more about Hector Network, its ecosystem and roadmap is well-positioned to continue growing and expanding out Atlantica.
The protocol is confident in its ability to deliver on its promises and bring the wonders of NFTs to a wider audience. It’s innovative approaches and understanding of the NFT Market dynamics, sets it apart from the competition, making it an up-and-coming project to keep an eye on.

🔹NFT Marketplace

Two components of Atlantica’s Marketplace are its cross-chain compatibility working alongside NFT solutions, essentially making it the one-stop shop with all the advantages each blockchain provides. Initially, the platform will feature well-established brands from the Fantom Network NFT space.

🔹NFT Launchpad

The Atlantica NFT Launchpad will be dedicated to onboarding creators, both emerging and established, who meet the highest quality standards our users expect. They offer a range of business-to-creator solutions that empower NFT Creators in monetizing their work effectively, giving them the tools and support they need to succeed in the platform. They are committed to following through with the creators to ensure their success on Atlantica and in their communities.

🔹Fully-Owned NFT Collection(s)

Atlantica’s fully-owned NFT collection(s) are utility-focused ecosystem cards that offer unique benefits within and outside of the crypto world. These collections feature premium perk unlocks that enhance the user’s experience and engagement within the ecosystem. These platform-representing NFTs provide more than just the opportunity to collect digital items; they also offer access to exclusive virtual events, discounts, and special deals, opening up a whole new realm of possibilities.

ATLANTICA PRODUCTS & SERVICES

Atlantica will host and list collections of any form while keeping a close eye to digital assets with high utility such as NFTs for Play-and-Earn games, Collectible items/Trading cards, NFTs with IRL use cases, music and media, Virtual fashion, real-world assets, domain names and digital artworks from the best artists and projects.

Here is a recap shared by the team of the features that are live as of Jan 19th:

Features in Marketplace Jan 19th, 2023

• User Profile Creation
• Facilitation of ERC-721 and ERC-1155 NFTs
• Buy / Sell / Auction / Make Offer
• Publish NFT Collection(s) and NFT(s)
• Favorite / Follow System

Many upgrades are due in the next weeks and months, including possible new utility for the $HEC token and $TOR, both issued by Hector Network, to make Atlantica the Marketplace that everyone, users and creators, always dreamed of.

🔸 Fine Art Collections

The Atlantica Marketplace will offer a selection of fine art collections that cater to those who seek out unique and diverse forms of beauty. By providing a platform for artists to showcase their work to a wider audience, Atlantica will become a destination for those who appreciate and support the creative process.

🔸 GameFi Valuables

GameFi Valuables are designed for gamers who appreciate the intersection of gaming and digital ownership. These NFTs enhance the digital experience by allowing players to collect, exchange, and own unique assets that can be used across different games and platforms. Atlantica’s GameFi Valuables will provide an immersive and interactive experience, one that is tailored to the specific game it belongs to, making it ideal for gamers who value adventure, interconnection, and the ability to possess a piece of their favourite games wherever they go.

🔸Subscription Services

Subscription NFTs are a great choice for audiences seeking consistent and dependable content. These NFTs provide access to exclusive and regularly updated digital content such as comics, videos, and music. With the subscription NFT, users have the ability to take control of their content choices, they can pass on their subscriptions to others for a limited time or even rent it out entirely. This type of NFTs will allow for a flexible and customizable way for users to access and enjoy the content they desire.

🔸Tokenomic Products

Preparing for the future can be a challenging task, but with the right tools and resources, it can be made simpler. Atlantica aims to provide a convenient platform that simplifies the process of planning for the future. The marketplace will focus on showcasing products that seamlessly integrate tokenomics with the technology behind NFTs, while also facilitating the liquidity required for smooth operation. By providing a comprehensive selection of future-oriented products, Atlantica will empower users to take control of their future and make informed decisions.

🔸Business-to-Creator Solutions

Achieving public success often requires teamwork and support. At Atlantica, they believe that by fostering a community of creators and businesses, both established and emerging, we can provide a foundation for success for all NFT Brands. Launchpad services will offer creators the tools and guidance they need to launch their brand, reach new audiences, and explore new styles and forms of expression – coding especially. With their support, creators can depend on Atlantica to not only make their initial impact strong but also to continue to grow and evolve as they reach new heights in their journey.

An effective NFT facilitator plays a crucial role in displaying a wide range of options and matching the right products with the appropriate users. The success of these purposes relies heavily on the specific NFTs that the protocol chooses to offer. In the case of Atlantica, its target audiences are those that find value in the variety of collections and projects showcased, which are known for their quality and user confidence in mind. By providing a comprehensive and curated selection of NFTs, Atlantica will enable users to easily find and access the digital assets they desire.

ATLANTICA MARKET SOCIALS

Website| Discord | Twitter | Medium | Reddit| Youtube | Instagram

HECTOR NETWORK SOCIALS

Website| Discord | Twitter | Github | Reddit| Youtube | Instagram

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The blockchain universe contains dozens of players, each with its own active ecosystem. For cryptocurrencies to live up to their potential of being borderless and universal, a system to connect these chains is important. As Axelar Brings Cross-Chain Swaps to Fantom.

Axelar is a network that unlocks this potential by connecting 30 chains, including Fantom, to offer cross-chain communication. It brings secure, decentralized interoperability to every connected chain.

How does Axelar work?

• Network – The decentralized network itself, which is the proof-of-stake blockchain that connects the 30 chains on Axelar. It’s run and maintained by validators.
• Gateways – The smart contracts deployed on every chain to enable cross-chain communication. Axelar validators monitor gateways for incoming transactions on one chain and execute the transactions on the destination chain.
• Dev Tools – Axelar offers simple SDKs and APIs that allow developers to build cross-chain features into their dApps, such as transferring assets between any pair of addresses on two separate chains—all without having to learn new programming languages.

The Integration

Provides a seamless user experience through the use of General Message Passing (GMP), which lets developers call contracts on any chain connected to Axelar.

dApps and their users can send and receive any payload across chains, including data and function calls. For example, developers can build DeFi apps that use NFTs minted on another chain as collateral, without having to wrap and move the NFT across chains.

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About Fantom

Fantom (FTM) is a smart contract platform for digital assets and DApps designed to overcome the limitations of the previous-generation blockchain networks facing the blockchain “trilemma.” The platform can execute multiple blocks simultaneously using its unique asynchronous byzantine fault tolerance consensus algorithm. FTM is the native utility PoS token of Fantom powering the ecosystem.

­Website | Twitter

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About Axelar

Axelar delivers secure cross-chain communication for Web3. Secure means Axelar is built on proof-of-stake, the battle-tested approach used by Ethereum, Cosmos, Avalanche, and more. Cross-chain communication means you can build a complete experience for your users that lets them interact with any asset, any application, on any chain with one click.

Website | Twitter

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SOURCE: FANTOM BLOG

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This means that now you can use CoinBrain to analyze and trade over 20 000 tokens on Fantom chain the same way, which you’re already familiar with on the BNB chain, Ethereum, Polygon, Optimism, Arbitrum and Avalanche also on Fantom! As CoinBrain Now Supports Fantom

Discover New Fantom Coins with Ease

Navigating through the thousands of Fantom coins can be overwhelming. That’s why they’ve developed a powerful filtering and search engine specifically for Fantom users.

Easily filter coins by market cap, 24h volume/trades, and liquidity to make sure you’re investing in viable coins that match your investment profile. Or, search coins with a specific name to find the most up-to-date coins.

Stay Secure with Safety Check

CoinBrain teamed up with GoPlus to bring users a safety check feature also on the Fantom chain. Automatically scan contracts of all Fantom coins to detect common scam patterns, such as honeypots, blacklisting, and tax manipulation.

On-Chain & Off-Chain Data for a Holistic Picture

Combine both on-chain data (price, market cap, volume, etc.) with off-chain data (Twitter followers, Telegram members, website traffic, etc.) to get a comprehensive overview of your favourite coins. Community engagement and traction is just as important as a coin’s volume.

Fastest, Safest, & Cheapest Swap

Partnered with 0x.org to bring you a DEX aggregator right on CoinBrain. This means when you trade on CoinBrain, you’ll find the best price and fastest route out of all existing DEXes.

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About CoinBrain

CoinBrain is the next-gen analytics platform for crypto traders that combines traditional and alternative data to help you to identify the hidden gems on the market.

Website | Twitter

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About Fantom

Fantom (FTM) is a smart contract platform for digital assets and DApps designed to overcome the limitations of the previous-generation blockchain networks facing the blockchain “trilemma.” The platform can execute multiple blocks simultaneously using its unique asynchronous byzantine fault tolerance consensus algorithm. FTM is the native utility PoS token of Fantom powering the ecosystem.

­Website | Twitter

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SOURCE:  MEDIUM

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Subsquid are excited to continue this trend by revealing the Subsquid support for Fantom.

Quickstart Guide for EVM Chains

This demo squid outputs transactions to the “black hole” address 0x0000000000000000000000000000000000000000.

It is intended to be a starter project for building a custom squid that indexes the logs and transaction data of EVM chains.

Before getting started, come up with an original name for your squid, then generate your demo with the following commands:

> sqd init my-awesome-squid — template evm
> cd my-awesome-squid
> npm ci
> npm run build
> make up
> make process

Don’t forget to install squid CLI!

Homebrew:
> brew tap subsquid/cli
> brew install sqd

NPM:
> npm i -g @subsquid/cli@latest

Check the version:
> sqd — version

There are many squid templates available. Explore them all by entering:

> sqd init — help

Custom GraphQL APIs and ETLs for Next-Gen dApps

Web3 changing, a new generation of dApps being develop. NFTs are pivoting from simple cartoon pictures to tools that power complex use cases such as identity, social media, games, and supply chains. DeFi becoming more advance, and increasingly enhance by AI-powered models & ML-trained automations. Users and developers now expect better experiences when using these applications.

With a unique approach to indexing and ETL, we at Subsquid arebuilding for this new paradigm. Subsquid and its open-source software development kit (SDK) have a modular architecture, which separates blockchain data ingestion from transformation and presentation. This frees developers up to apply their own custom logic to their “squids” (node.js indexing projects).

When a dApp ‘powered by Subsquid,’ the heavy lifting of data extraction taken care of by squid Archives — data lakes that store pre-indexed data in a normalized format, and which are maintained by Subsquid (and — soon — by a decentralized network). With the addition of batch ingestion, squids are enabled to index data at rates as high as 50,000 blocks per second — performance significantly beyond that of Subgraphs. Importantly, squids typically require no additional endpoints and have no external dependencies at setup.

Other squid features include:

• Full control over the target database (Postgres), including custom migrations and ad-hoc queries in the handler.Custom target databases and data formats (e.g. CSV, BigQuery).
• Arbitrary code execution in the data handler.
• Extension of the GraphQL API with arbitrary SQL.
• Secret environment variables, allowing for seamless use of private third-party JSON-RPC endpoints and integration with external APIs.
• API versioning and aliasing.
• API caching

Contributing to the Fantom Ecosystem

Fantom a high-performance, scalable, customizable, and secure EVM-compatible smart contract platform. Design to be truly next-generation, addressing many limitations of other blockchains. Key to this is Lachesis, an aBFT consensus protocol, which makes Fantom faster and more scalable than many previous technologies. Lachesis both customizable and modular, and intended for interoperability. At Subsquid, they look forward to leveraging the experience in cross-chain indexing in order to contribute to Fantom’s multi-chain future.

Over the last few weeks, they have coordinated with several members of the Fantom team. They  have been very impressed by their professionalism, & look forward to working together on multiple fronts, including developer relations, marketing, & data analytics.

About Subsquid

Subsquid developing the go-to indexing solution for the Polkadot and Kusama ecosystems. Led by its core principle of building scalable and intuitive systems. The Subsquid solves a common issue for parachain projects: extracting and processing on-chain data.

Website | Twitter |

Source

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