PARIS, Oct. 06, 2022 (GLOBE NEWSWIRE) — Aleph.im, the Web3 cloud platform for computing services, file storage and indexing solutions, today announced the launch of its open-source and decentralized indexing solution for the Solana ecosystem to accelerate this the development of decentralized applications through accessible data queries and integrations. As the main indexer of the major Solana DeFi protocols such as Serum.Markets, Raydium, Port Finance, Saber and Orca, aleph.im is among the largest contributors to indexing data on the Solana blockchain.
“All of our competitors on Solana are currently centralized and closed source, which means these resources can have severe security vulnerabilities, single points of failure, failure issues, and an inability to externally audit the code base,” said Jonathan Schemoul, CEO of aleph.im . “We’re proud to be the first fully decentralized, open-source indexing solution on Solana, and we look forward to the innovations that will come from this open framework.”
“Open source encourages innovation and faster and more efficient development, and we’re pleased that projects like aleph.im contribute to the Solana ecosystem in this way,” Anatoly Yakovenko, Founder of Solana.
On-chain data indexing forms the building blocks of DeFi and NFT applications, allowing users to access portfolio aggregators, TVL dashboards, wallet profiling, open order tracking, and more. However, accessing historical data on the Solana network currently requires expensive physical hardware, a super-fast internet connection, and computing power unattainable for individual projects looking to query the history of the blockchain and create useful data points for their applications.
With aleph.im, Solana creators can enhance, customize or fork the open-source decentralized indexer, drawing on a foundational framework that has already indexed over 3,000 market pairs within the Solana DeFi ecosystem, including Serum.Markets, Raydium, Port Finance, Saber and Orca and fulfills over 14 million transaction requests daily to more than 220 independently operated resource nodes in its network.
“Aleph.im’s decentralized indexing solutions make it a one-stop solution for projects like Raydium to access accurate on-chain data at lightning speed,” added Infra, a key contributor to Raydium.
Aleph.im is a distributed cloud platform that provides serverless trusted computing services, file storage and indexing solutions to replace traditional centralized cloud computing. Thanks to its scalable peer-to-peer network and its programming language-independent interface, it offers dApps of any chain instant access to database solutions. Visit aleph.im for more information
Explore Aleph.im indexing solution, staking DApp and NFT and IPFS backup DApp.
Follow aleph.im on Twitter: @aleph_im
For press inquiries contact Karla Vilhelem at [email protected]
Copyright 2022 GlobeNewswire, Inc.