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Coinbase Cloud Introduces Solana Archival Nodes

Blockchain

www.cryptonewsz.com 02 September 2022 11:10, UTC
  
Reading time: ~3 m

Coinbase Cloud has announced the launch of Solana Archival Nodes to empower the community of Solana developers. The launch allows them to examine historical address balances, simulate the blockchain state, and run complex queries. The launch of Solana Archival Nodes follows the launch of dedicated Solana infrastructure nodes through Query & Transact.

While it is difficult to manage the archival nodes in a scalable manner, Coinbase Cloud is excited about the launch as it brings the benefit of allowing the developers to access and verify data along with the transaction information from the Solana blockchain.

Some of the highlights of Solabal Archival Nodes are as follows:-

  • It is specifically built for developers who can divert all the attention to their products and services instead of worrying about lifting and accessing the archival data needed by them.
  • The cloud-based infrastructure minimizes the risk of downtime, allowing developers to access the data whenever they want without considering the revisit due to a technical issue.
  • Nodes are backed by a deep understanding of the Solana Network that has a history of running the first ever validator on Solana with the continuous effort of running the validator with read-write node infrastructure.
  • Developers can take a break during a hard time as a dedicated team of engineers is ready to assist them in managing the infrastructure.
  • Security remains a major highlight for all the ventures operating an internet or blockchain-based business. Therefore, Solana Archival Nodes prioritize that factor to exceed everyone’s expectations.

Coinbase Cloud has mastered the understanding of Solana Archival Nodes that are running on Query & Transact read-write infrastructure. Developers can access a single dashboard to manage their infrastructure, eliminating the need to navigate heavily and making management an easy task.

Coinbase is a crypto exchange that is headquartered in San Francisco. It was founded in 2012 and has over 300 cryptocurrencies in its portfolio. The operations of Coinbase are supported in more than 100 countries, with a mobile application available for Android and iOS.

Its platform is easy to use because of its intuitive nature. A complete Coinbase review further sheds light on this aspect. It initially extended the support only to Bitcoin; however, it has now gone on to cover many digital currencies in its portfolio, giving its users many options for cryptocurrencies.

The globally recognized crypto exchange has earned 56 million verified users active on the network for buying, selling, and trading cryptocurrencies like Bitcoin and Ethereum.

Known for being an entirely developer’s platform, Coinbase offers API documentation to enable businesses to review and use the platform’s products for setting up a crypto-accepting system.

As of the time of drafting, Coinbase has registered over $200 billion in Total Volume Traded with support from 100+ countries across the globe. Coinbase can be used by anyone, irrespective of their experience with cryptocurrencies.


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