Part-1
๐ Gem Coin Alert!๐ Newly Launched Data aggregation and Querying Gem Coin SubQuery (SQT) ๐
๐ Exploring SubQuery: A Revolutionary Data Aggregation and Querying Layer for Blockchain! ๐
Let's delve into its groundbreaking features and explore its potential impact on the blockchain ecosystem. ๐งต๐
1๏ธโฃ Introduction and Overview: SubQuery is a fast, flexible, open-source indexer that provides real-time indexing of unfinalized or unconfirmed data directly from the RPC endpoint. It offers full EVM compatibility at a fraction of the cost and gasless transactions with easy developer APIs for account abstraction. SubQuery also offers free, production-grade hosting of projects for developers.
2๏ธโฃ Technology and Feature: SubQuery's decentralized data aggregation and querying layer is designed to help developers focus on core use cases and front-end functions. It provides a superior and faster development experience, enabling users to access decentralized blockchain data through a marketplace for data indexing and provisioning.
3๏ธโฃ Whitepaper Analysis: SubQuery whitepaper shows itโs mission is to help others to create products that allow us to move to a decentralised future faster.
4๏ธโฃ Use Case: SubQuery's native token (SQT) has three main use cases: to create a reward incentive mechanism for Delegators and Indexers (node operators), to act as a medium of exchange on the network marketplace, and to enable governance of the protocol. The token plays a crucial role in the SubQuery ecosystem, facilitating transactions and incentivizing participation.
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