Within web3, different projects approach different issues. As more blockchain-related projects grow, they also become increasingly dependent on other ecosystems. Blockchain indexing is essential to DeFi and Web3 development, creating the infrastructure and scalability to allow for better chain interoperability by indexing key data from multiple chains.
An overview of MassBit Multi-Chain Indexing
MassBit Multi-Chain Indexing provides the infrastructure to index data from all blockchains, indexing smart contracts and blockchain raw data for analytics purposes. This helps reduce workload for development teams. MassBit Multi-Chain Indexing also supports indexing logic in different languages, including Rust, AssemblyScript, and TypeSCript.
Without utilizing Multi-Chain Indexing, developers would have to build their own pipeline in order to request data, including running a node and filtering raw data, indexing said data, and storing it. MassBit Multi-Chain Indexing does the hard work, sifting through data to provide devs with all the necessary information needed to streamline their project, saving time and money.
Advantages of MassBit Multi-chain Indexing
- Index different blockchains
- Index both smart-contract and raw data
- Reduce project development timeline
- Supports indexing logic in different languages
Currently, MassBit Multi-Chain Indexing supports all Ethereum-based compatible chains, as well as Substrate and Cardano, with new chain compatibility being added. To learn more about how MassBit Multi-Chain Indexing can help provide the infrastructure for your next project with advanced analytics for all types of on-chain data, visit: https://massbit.io/multi-chain-indexing.html
MassBit provides fully decentralized solutions for Defi and Web3 App project development. Currently MassBit has 4 products in the stage of development; MassBit Route, MassBit Multi-chain Indexing, MassBit Prime, and MassBit Insights. MassBit enables DeFi and Web3 App development to be faster, stable, scalable, and more cost-effective.
The powerful ‘glue’ holding together and supporting all the products is the MassBit Verification Protocol, which is based on proof of stake. The protocol incentivizes those working within the system to verify each other’s work. The verification of other nodes, gateways, or indexers gives rewards or penalties for the mistakes to each individual or entity. From that, the protocol ensures the whole network’s health.