Cointime

Cointime

Download App
iOS & Android

Chainbase: A Full-Service Web3 Data Infrastructure

Cointime Official

Author: Cointime.com 237

Chainbase is an all-in-one Web3 data infrastructure for indexing, transforming, and leveraging on-chain data at scale. It is an all-inclusive data infrastructure for Web3 that allows developers to index, transform, and utilize on-chain data at scale. By leveraging rich on-chain data and stream computing technologies in one data infrastructure, Chainbase enables automated indexing and querying of blockchain data, enabling developers to achieve more functionality with less effort.

Chainbase offers a variety of features and functions, including APIs, Pipeline and SQL, which allow developers to index, transform and use on-chain data at scale. By leveraging rich on-chain data and stream computing technologies, Chainbase is able to automate the indexing and querying of on-chain data, which significantly improves development efficiency and reduces development costs for project owners.

Currently, Chainbase already supports several public chains, including the EVM family (e.g. ETH, BNBchain, Polygon, Avalanche, Arbitrum, Fantom, OP) and the Non-EVM family (e.g. Aptos, Solana). Chainbase is expected to support up to 20 public chains by the end of 2023, providing developers with a wider range of options and application scenarios.

With Chainbase's comprehensive data infrastructure, developers can more easily index, transform and leverage on-chain data, bringing more possibilities for Web3 application development. In the future, as Chainbase continues to expand to support more public chains and continuously improve its functionality and performance, it will become an important tool and infrastructure for the Web3 space and contribute to the further development of the blockchain ecosystem.

Products and Features

Chainbase provides a series of products and features that make the Web3 development process more simplified and efficient.

1、API - Indexed Data

Chainbase provides a set of REST and Stream APIs that simplify your Web3 development process. With these APIs, developers can easily index data on the chain and perform efficient queries. Whether it's accessing blocks, transactions or account information, Chainbase's APIs make data access easier and more convenient.

2、Datasets

Chainbase supports a variety of decoded and rich datasets, allowing developers to build next-level applications that integrate with advanced protocols. Whether it's on-chain transaction history, smart contract execution results or on-chain asset data, Chainbase's datasets provide a diverse source of information, offering developers the opportunity to dig deeper and leverage on-chain data.

3、Studio - Customize Datasets

With Chainbase's Studio feature, developers can deploy a pipeline for transforming data in real time. Using a low-latency stream computing engine, developers can process and manipulate on-chain data in real-time while building custom datasets based on their needs. This gives developers the flexibility to transform, clean and analyze data to provide more valuable data for applications.

4、Sync - Transferring data to the backend

Chainbase Sync allows developers to integrate the data they need into their own infrastructure and more easily analyze or process the data to power the API. By synchronizing data with back-end systems, developers can use their favorite tools and techniques to study and analyze data more deeply in their local environment, enabling a higher level of data utilization.

5、Data Cloud

Chainbase's Data Cloud provides a convenient way to run low-latency queries that leverage all indexed datasets to meet developers' custom needs. Without the need to build a complex query infrastructure, developers can quickly access the data they need and perform personalized data manipulation through simple endpoint access. The Data Cloud provides developers with a flexible and efficient way to leverage Chainbase's rich data resources.

As Chainbase continues to expand to support more public chains, it will have the opportunity to become a key tool and infrastructure in the Web3 space as it continues to improve functionality and performance.Chainbase's products and features enable developers to easily index, transform and leverage on-chain data, providing powerful support for the innovation and development of Web3 applications. Whether building decentralized financial applications, non-transactional NFT marketplaces or on-chain analytics tools, Chainbase provides a reliable and efficient data infrastructure to help developers succeed in the Web3 space.

Business Status and Team

Chainbase was founded in 2021, and the commercial version of the product went live on July 1, 2022, and quickly attracted nearly 100 paying users and nearly 4,000 active developers worldwide. This rapid growth demonstrates the widespread user acceptance and demand for the data indexing and querying capabilities offered by Chainbase.

As of early 2023, Chainbase's API service is approaching 200 million calls per day, highlighting users' reliance on its efficient and reliable data access. Users trust Chainbase's technical capabilities and stability, making it their partner of choice for building Web3 applications.

Specifically, Chainbase's product ecosystem at this stage can be divided into five parts:

1、Dashboard

Create, debug, monitor and operate Web3 applications through an integrated console.

2、Chain Network Services

A multi-chain, multi-network JSON-RPC node service for accessing on-chain metadata.

3、Web3 API service

Data query indexing service supporting multi-chains and multi-protocols (tokens, non-homogenized passwords, domain names, accounts, etc.).

4、deCrypto Data Cloud Service

Completely open data cloud warehouse, supporting OLTP and OLAP, able to build any SQL query and get the result quickly.

5、Developer Suite

No-configuration development tool suite to speed up integration, debug development and product log tracking.

Chainbase has successfully helped enterprises and developers solve more than 80% of infrastructure development, operation and maintenance costs and other problems, including but not limited to the following areas:

1、NFT marketplace

2、GameFi

3、SocialFi

4、Data Analytics

5、ETC, etc.

In addition, Chainbase always adheres to three product delivery principles:

1、Ease of use: low code, out of the box.

2、Fast: not just 30% improvement, it should be exponential growth.

3、Security and stability: 99.99% system availability and infrastructure with security guarantees.

Chainbase's core team consists of a group of passionate and talented professionals. The founder, mushroom (mogu), is a serial entrepreneur who has worked as head of security at Bilibili and has a reputation as a world-class hacker. Other members of the team come from well-known Internet companies such as Bilibili, ByteBeat, Tencent Cloud and Ctrip, bringing diverse perspectives and extensive industry experience.

The Chainbase team strongly believes that Web3 has unlimited potential to revolutionize the world. Their mission is to achieve complete openness of data on the chain and promote true Web3 data affirmative action. By providing users with comprehensive and efficient on-chain data services, they actively promote the prosperity of the blockchain ecosystem.

Chainbase is constantly striving for innovation and excellence, playing a role in leading innovation in the industry. They are committed to attracting more people to join the team to explore the future of Web3 and co-create a more inclusive, just and sustainable world.

Conclusion

Chainbase has tremendous potential to index, transform, and leverage on-chain data as an all-encompassing Web3 data infrastructure. As the number of supported public chains continues to grow, Chainbase will provide developers with a wider range of options and application scenarios. This will further drive innovation and development of Web3 applications.

With features such as API, Pipeline and SQL provided by Chainbase, developers can index, transform and use on-chain data in a scalable manner. This will significantly improve development efficiency and reduce development costs, opening up more possibilities in areas such as building decentralized financial applications, non-transactional NFT marketplaces and on-chain analytics tools.

Operationally, Chainbase has quickly attracted nearly 100 paying subscribers and four thousand active developers worldwide, and its API service is approaching 200 million calls per day, demonstrating the reliance of users on its efficient and reliable data access. This demonstrates the widespread user acceptance and demand for the data indexing and querying capabilities provided by Chainbase.

Chainbase's core team consists of professionals with extensive industry experience in Internet companies. They believe in the unlimited potential of Web3 and are committed to achieving complete openness of data on the chain and promoting true Web3 data affirmative action. As the team continues to grow, Chainbase will continue to lead innovation and contribute to a more inclusive, just and sustainable Web3 world.

Overall, as Chainbase continues to expand to support more public chains, and continues to improve functionality and performance, it promises to become an important tool and infrastructure for the Web3 space. Developers can easily index, transform and leverage on-chain data with Chainbase, providing powerful support for the development of Web3 applications.

data Web3
Comments

All Comments

Recommended for you

  • Bitget Confirms Being Deceived into 'Self-Approving' $388 Million Transfer, Losses Revised

    On September 26, Unchained reported that Bitget stated attackers transferred approximately $387.5 million from its exchange on Thursday, revising the initially estimated loss of $351.6 million after accounting for transfers on the Zcash and TRON chains. The attackers did not require private keys: CEO Gracy Chen mentioned that the attackers compromised key backend systems of its wallet infrastructure, forged transaction data, and triggered the authorization process, which was signed by Bitget's own system. The related vulnerability has been identified and fixed, and the withdrawal status, which has been suspended since Thursday, will be announced before midnight Eastern Time. Mandiant and SlowMist are assisting with the investigation. Chen noted that based on IP behavior patterns and on-chain signatures, this attack is consistent with methods used by North Korean-linked hacker organizations and resembles the previous $1.5 billion theft case from Bybit. Nansen tracking shows that 40,000 ETH were evenly distributed to four new addresses; as of Friday, 6:34 PM Eastern Time, eight attacker addresses held a total of approximately 68,300 ETH (about $18.4 million), with no further transactions initiated. Bitget stated that some of the funds have been frozen and is offering a 5% bounty on the recovered amounts to those who facilitate the freezing; the $464 million protection fund fully covers the losses.

  • Vitalik: Significant Progress in Mobile Offline Local Knowledge Applications, but Problem-Solving Ability Still Weaker than Notebook-Level Models

    On September 26, Ethereum co-founder Vitalik Buterin posted on X that he is testing a mobile offline local knowledge application recently developed by the community (with a related bounty link attached). He noted that these applications are significantly better than the product he attempted to build himself two months ago, but they still perform slower and less effectively than models that can run on a notebook when handling complex problems. Vitalik pointed out that the weakest aspect of these applications is professional travel-related queries, citing the test case 'Tell me the best vegetarian restaurant in my current city,' but none of the tested applications performed well. He expressed hope for continued improvements in such products and wishes to reach a level where users can comfortably query any facts of interest without needing an internet connection.

  • This Week, U.S. Bitcoin Spot ETFs See Net Inflows of Approximately $2.386 Billion, Led by IBIT

    On September 26, according to data from Farside Investors, U.S. Bitcoin spot ETFs experienced a total net inflow of $2.3858 billion this week. In terms of individual products, BlackRock's IBIT led with a net inflow of $1.1576 billion, followed by Fidelity's FBTC with $701.6 million, ARK 21Shares' ARKB with $294.7 million, Morgan Stanley's MSBT with $203.3 million, and Bitwise's BITB with $13.9 million. BTCW recorded a net outflow of $3.2 million, while BTCO and BRRR remained flat at zero.

  • Ethena: USDe-Related Token Incentives to Reach Zero, Down Approximately 85% Since 2024

    On September 26, Ethena announced that since the first airdrop in 2024, token incentives related to the growth of USDe have decreased by approximately 85% from 2024 to this year. The official statement indicated that by the end of this month, token incentives and additional issuance related to USDe will reach zero, and there will be no further incentive arrangements thereafter. Ethena also expressed gratitude to all users who have participated and supported the development of the product to date.

  • Analyst: Bitcoin Enters Bull Market Phase as MVRV Ratio Surpasses 1.0 Baseline

    On September 26, crypto analyst Axel Adler Jr. stated that Bitcoin has transitioned from an early bull market to a bull market phase. The adjusted MVRV 30-day/365-day moving average ratio he tracks broke above the 1.0 baseline on September 20 (with the short-term average surpassing the annual average), at which point BTC was priced at $80,691. Previously, this ratio had crossed above the 365-day moving average on August 20, marking the entry into the early bull market when BTC was priced at $71,255; this phase lasted for 31 days, during which Bitcoin rose by 13%. The current ratio stands at 1.018, with BTC priced at $84,156. As long as it remains above 1.0, the structure will maintain a bullish outlook. This marks the sixth such transition since 2012, and in four of the previous five instances, the bull market ended with prices above the entry price, with the only exception being August 2015, when the bull market lasted only 16 days.

  • CFTC Sues Cash FX Over $950 Million Crypto-Related Forex Scam, Investors Lose at Least $406 Million

    On September 26, Cointelegraph reported that the U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Cash FX Group and three individuals, involving $950 million and elements of cryptocurrency. The defendants include Cash FX and its CEO Huascar Jose Lopez Castillo (Brazil), The Conversion Pros and its CEO Ronald Pope (Oregon), as well as Justin Halladay (Florida). The CFTC stated that the complaint was submitted to the U.S. District Court for the Middle District of Florida on Friday. The agency accuses the defendants of operating a multi-level marketing Ponzi scheme, raising over $950 million under the guise of trading retail forex contracts in a commodity pool, falsely claiming that funds were managed by expert traders, proprietary algorithms, and artificial intelligence, with promises of returns as high as 15% per week. The CFTC pointed out that Cash FX engaged in very little actual forex trading, misappropriating most participants' funds to pay fictitious trading profits with new investments, while funneling millions of dollars to the defendants and providing false accounting statements. Participants have suffered losses of at least $406 million.

  • China and the U.S. Reach Consensus on Eight Key Outcomes

    On September 26, according to CCTV, Chinese President Xi Jinping made a state visit to the United States from September 23 to 25. During this period, the two heads of state engaged in in-depth discussions on building a constructive strategic stable relationship between China and the U.S. and addressing major international and regional issues, reaching a consensus on eight key outcomes, including: 1. Both sides agreed to establish a 'constructive strategic stable relationship based on respect, fairness, and equality.' 2. Both sides agreed to support each other in successfully hosting the informal meeting of APEC leaders and the G20 leaders' summit, with both heads of state intending to attend each other's hosted meetings. 3. The two heads of state agreed that Iran should fulfill its commitment not to develop nuclear weapons, and that no country or organization should impose tolls on international waterways. 4. The two heads of state recalled that China and the U.S. were allies in World War II, fighting side by side to achieve victory. 5. The two heads of state recognized the positive role of the China-U.S. economic and trade consultation mechanism and the outcomes of consultations by both economic and trade teams, including the establishment and promotion of mechanisms such as the Trade Council, reaching a '30 billion USD' reciprocal tariff reduction arrangement, and postponing the results of the Kuala Lumpur economic and trade consultations, and instructed for their implementation. 6. The cooperation between the drug enforcement agencies of China and the U.S. has yielded visible results. Recently, both sides closely collaborated to jointly crack multiple cases involving new psychoactive substances and precursor chemicals, resulting in the arrest of dozens of related criminal suspects in both countries. 7. Both sides agreed to establish a China-U.S. dialogue on artificial intelligence to discuss the associated risks and benefits. The next dialogue will be held in November this year, and both sides agreed to establish a communication channel for AI-related incidents. 8. The U.S. welcomed the loan of a pair of giant pandas from China to the Atlanta Zoo. In addition, the military of both countries agreed to sign a memorandum of understanding to strengthen crisis communication and prevention as soon as possible and to continue cooperating in the search for the remains of U.S. military personnel missing in China.

  • New SEC Guidelines: Staked ETH Receipt Tokens Do Not Constitute Securities, Provided They Are Purely 'Receipts'

    On September 26, according to BeInCrypto, the U.S. SEC's Division of Corporation Finance released new guidelines clarifying that tokens received from staking Ethereum do not constitute securities, provided their function is purely as 'receipts'. The document states that when tokens are backed by 'digital commodities', staked receipt tokens are considered 'digital tools'; the SEC and CFTC listed 16 types of digital commodities in a clarification document on March 17, including Ethereum (ETH). The guidelines set conditions: tokens must not alter the rights associated with the staked ETH or provide additional rewards, and service providers must not lend, stake, or reuse the deposited tokens; this contrasts with Kraken's $30 million fine in 2023 for promoting yield and shutting down its staking services in the U.S. The document also covers buybacks: announcing a buyback when the network is operational does not constitute a commitment that would turn the tokens into securities; however, it may still constitute one if the network is not yet complete.

  • US Lawmakers Propose Bill to Ban Chinese Optical Transceivers in National Security Systems

    On September 26, a bipartisan group in the U.S. Senate proposed a bill on September 25 aimed at prohibiting the federal government from installing Chinese-made components used for data transmission in artificial intelligence data centers within sensitive systems. The bill was jointly initiated by Republican Senators John Cornyn and Mike McCaul, along with Democratic Senators Jon Tester and Alex Padilla, and primarily targets optical transceiver modules produced by Chinese companies such as New H3C Technologies. Currently, Chinese optical transceiver manufacturers dominate this core component market in AI data centers.

  • Web3 data and AI company Validation Cloud completes $10 million in new round of financing

     Web3 data and AI company Validation Cloud announced a $10 million financing round from True Global Ventures. The company plans to use the funds to expand its AI products and achieve seamless access to Web3 data.

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company