SubQuery, a trailblazer in web3 infrastructure, has recently announced its partnership with Base for the upcoming launch of the SubQuery Network mainnet. This collaboration is a significant step forward in the world of blockchain, marking the birth of SubQuery's decentralized data marketplace, scheduled shortly after its public token sale on January 30, 2024.
Base, an Ethereum Layer 2 solution developed by Coinbase and built on the open-source OP Stack, has been selected as the ideal platform for SubQuery's mission to decentralize blockchain technology. This partnership is underpinned by three critical factors:
Technical Excellence: Base, designed with a developer-first approach, offers full EVM compatibility, reducing costs and facilitating gasless transactions with user-friendly APIs.
Multi-chain Vision: With SubQuery already serving customers across over 150 networks, Base's commitment to network interoperability will streamline transactions and enhance user experience across chains.
Ecosystem Support: As a Coinbase incubation, Base provides access to Coinbase's extensive user base, liquidity, and financial products, significantly benefiting SubQuery's decentralized infrastructure.
Sam Zou, CEO of SubQuery, emphasized the shared vision and principles with Base, highlighting the importance of the right tools and communities for revolutionizing web3 infrastructure.
Base distinguishes itself by focusing on developer needs, offering a powerful and efficient Layer 2 solution that is both user-friendly and secure. The integration of SubQuery Network as a native element in Base cements its position as a leader in decentralized data indexing and RPC infrastructure.
SubQuery's commitment goes beyond just indexing web3 data. It aims to revolutionize web3 infrastructure, addressing fundamental issues in existing RPC solutions and ensuring their decentralization. The Mainnet launch on Base in March 2024 will mark a significant step in this direction.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.
