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SubQuery Supports Reef Chain for High-Speed Blockchain Solutions

source-logo  blockchainreporter.net 16 May 2024 11:56, UTC

Today, SubQuery has announced its support for Reef Chain. Reef Chain is a high-speed, scalable EVM-compatible blockchain architecture for DeFi, NFT, and gaming. Reef Chain is formulated by the Substrate Framework, featuring on-chain governance and near-zero transaction costs, intending to avoid wasteful mining for the union of consensus.

A new chain has just been integrated into the SubQuery Network.

Say hello to @Reef_Chain, the L1 DeFi, NFT and gaming platform built using Substrate Framework.

Find out more about our newest addition ⤵️ https://t.co/49oebvUTwW pic.twitter.com/aMZy5xIx7c

— SubQuery (@SubQueryNetwork) May 16, 2024

SubQuery Empowers Reef Chain Developers with Efficient Data Indexing

By incorporating SubQuery’s indexing services, developers on Reef Chain can operate and inquire about on-chain data more effectively. It forms the foundation for fast design flows and rapid release patterns that will help onboard the next billion users to the blockchain.

Now developers constructing on Reef Chain are provided with access to SubQuery’s adaptable, high-speed, and decentralized data indexing solution. This provides blockchain developers with the critical tool they need to quickly get and inquire about on-chain data for their protocols and applications.

SubQuery provides a customized API to assist developers in refactoring backend operations. It gives them more time to specialize in product evolution and enhancing user experience without having to create their indexing solutions. The REEF chain’s CEO remarked on the decentralized data indexing solution. He expressed satisfaction with the user-friendly interface and numerous examples, which support work with significant volumes of real-time data sources.

SubQuery CEO Delighted to Back Reef with Lightning-Fast Indexing

Sam Zou, the Founder and CEO of SubQuery is excited to state that they are proud to support Reef with their lightning-fast and flexible indexing solution. This solution allows developers to index data at unpreceded speeds and easily build projects. SubQuery provides developers with a complete indexing experience that covers an open-source SDK, tools, documentation, and development. Reef Chain received support in SubQuery’s enterprise-grade managed service, which processes hundreds of millions of requests daily.

The advantages of SubQuery are custom APIs for dApps and smart contracts can be created in minutes and be used as clean indexed data to any service. The external API call, importation of external libraries, and better controls make it feasible for severe customer developers to run projects in their infrastructure with automated DOS protection mechanisms.

In SubQuery, speed is critical when indexing millions of ledgers, which is why the design has been developed using multi-threading and store optimization. This decreases expensive database writes, lowering sync times and allowing for quicker repetitions to offer features to the market.