PARSIQ’s Tsunami API Launches on Ethereum
The Tsunami API Launches on Ethereum to Bring Instant Web3 Data to Ethereum’s Ecosystem of Developers, dApps, and Protocols
PARSIQ has launched its new flagship Tsunami API on the Ethereum blockchain. PARSIQ now enables platforms using the Ethereum blockchain to access all of its data instantly, providing immediate feedback and efficient building solutions, and allowing for important monitoring solutions.
Ethereum is one of the most popular blockchains. With the Tsunami API, PARSIQ provides a Web3 data solution for a multitude of platforms.
No longer will it take hours or days to access and collect data, and no longer will it take weeks to restructure that data. With PARSIQ, the process is nearly instantaneous. Accessing the data for all of Ethereum’s 14.9 million blocks — involving storage of over 8.25TB, with more than 1.5 billion TXs, over 3.5 billion calls and over 2 billion events — has never been as fast and efficient as it is with the Tsunami API!
PARSIQ + Ethereum
PARSIQ’s Tsunami API is now live on Ethereum!
The Tsunami API is the core API created by the PARSIQ Network. With this integration, PARSIQ provides Ethereum’s entire ecosystem of developers, dApps, and protocols access to the full spectrum of data on Ethereum. The Tsunami API provides users with raw data from the entire history of a chain. It also provides the ability to apply filtration mechanisms, allowing for the querying of the whole of the blockchain history, for example, by sender, receiver, contracts it interacted with by topic, etc. Providing raw data — both real-time and historical — enables platforms to track any kind of events, metrics, or statistics they desire, such as TVL, liquidity, current and historical token prices, APR, APY, ROI, user balances, and more.
Speed has always been a challenge for projects needing to make calls on historical data, revise and update their metrics, analyze the relation of past events, etc. As developers will know, this data can often take a long time to process — from several hours, even to days!
The Tsunami API is an exception in this regard: PARSIQ has made it possible for over 33 billion events to be processed in under 1 second!
PARSIQ’s Future on Ethereum
PARSIQ’s plans with Ethereum and the Tsunami API do not end here. As PARSIQ expands, so too will the scope of utility our products provide to users in the Ethereum ecosystem. For example, in addition to providing instant raw data, in the future the Tsunami API will provide a higher level of functionality, providing data in an aggregated way.
PARSIQ is also preparing the launch of our Data Lakes and Data Hubs, which will provide Ethereum’s developers, dApps, and protocols with custom-tailored solutions for all their data needs. To read more about what the Tsunami API, as well as Data Lakes and Data Hubs, offers to Ethereum’s users click here.
Interested in using PARSIQ’s Tsunami API? Contact us!
PARSIQ is a full-suite data network for building the backend of all Web3 dApps & protocols. The Tsunami API, which will ship in July 2022, will provide blockchain protocols and their clients (e.g. protocol-oriented dApps) with real-time data and historical data querying abilities.