Covalent Network
@CQT_Network
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🌐 Ethereum's indispensable ally in ensuring blockchain long-term data availability without reliance on intermediaries. Follow @covalent_hq for latest updates.
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1/ 🚀 Introducing the Ethereum Wayback Machine (EWM). 🌐
Today, the Covalent Network unveils the EWM—a groundbreaking solution ensuring sustained access to historical blockchain data. Explore why it matters and how it's shaping Ethereum's future! 🌟
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4/ 🛡️ To prevent the centralization of historical blockchain data by third parties, the Covalent Network is stepping up. We're committed to preserving decentralization and ensuring data remains accessible to all.
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2/ 💡 What is the EWM?
The EWM is a pioneering solution. It's designed to secure historical blockchain data access, ensuring it's not confined to centralized entities. This is a game-changer for Ethereum and beyond.
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5/ 🔍 How It Works.
The EWM relies on the Covalent Network's Block Specimen Producers (BSPs) and Block Results Producers (BRPs). These components work seamlessly to provide a robust, decentralized, and secure way to access historical Ethereum data.
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6/ 🌐 Building with Ethereum in Mind.
Our commitment to Ethereum's future is unwavering. The EWM is designed to support Ethereum's scalability efforts, ensuring that data remains accessible to developers, businesses, and researchers.
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3/ 🌐 As Ethereum charges into the "Rollup Era," it's all about scalability, state expiry, and new data storage methods.
But who will safeguard the sustained availability of critical archival data? The answer currently lies with third parties.
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