Nervos And Covalent Are Making Blockchain Data More Accessible

  • 09/28/2021
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Nervos recently announced a collaboration with Covalent, a renowned developer of blockchain indexing solutions, onto both its testnet and mainnet. This will increase the amount of data available on its network and make it easier for developers to find accurate, high-quality data. The Nervos Network is a set of protocols and a public blockchain ecosystem that addresses the most significant challenges that blockchains such as Bitcoin and Ethereum face. End users can get customized data by wallet, including historical investment performance across all digital assets, via the Covalent API.

Transparency And Visibility

Covalent provides a uniform API to bring complete transparency and visibility to assets across all blockchain networks. Its queryable dataset includes over 25 billion transactions, 30,000 price feeds, and 200,000 intelligent contracts.

Nervos is boosting the availability of data on its network and simplifying the experience for developers. By modifying the chained option in the Covalent API, developers can pull Nervos mainnet data and access the network using the unified API.

Data‌ ‌Accessibility‌

The following list is available to make blockchain more accessible by leveraging the Covalent API:

  • Per-address token balances
  • Transactions by address ( historical )
  • Prices by address and ticker symbol ( historical )
  • Log events that have been decoded
Co-founder and CEO of Covalent Ganesh Swami said:

“Both Nervos and Covalent share a vision of a global economy that is public and decentralized. At Covalent, we are getting there by building an accessible Web3 data layer and indexing Nervos, which is making meaningful changes in creating universal blockchain solutions.”

Co-founder of Nervos Kevin Wang said:

“Our integration with the Covalent significantly enhances the developer experience on Nervos, which is one of our primary priorities as we grow our ecosystem and open up the access to the multi-chain solutions. We are looking forward to seeing how our community members use this new tool and resource.”

About Nervos

The Nervos Network is a set of protocols and a public blockchain ecosystem that addresses the most significant challenges that blockchains like Bitcoin and Ethereum face today.

The Nervos Common Knowledge Base (CKB) is the Nervos Network’s tier 1 proof-of-work, public permissionless blockchain protocol. It enables smart contracts and layer two scaling while preserving the security, immutability, and permissionless characteristics of Bitcoin. Compared to first-generation blockchains, its innovative crypto-economic architecture aims to balance better the interests of users, developers, and miners.

About Covalent

Covalent uses big-data technologies to make sense of hundreds of billions of data points, providing investors with actionable insights and helping developers to focus resources on higher-value goals within their companies. Covalent gathers data from dozens of sources, including nodes, chains, and data feeds, rather than obtaining data from a few chains.

End users can then get customized data by wallet, including current and historical investment performance across all digital assets, using the Covalent API. Most importantly, Covalent provides this information in a timely and consistent manner, including all relevant information.

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