Blockchain Indexers Streamline Data Access in Web3, Latest DFG Report Says

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Top-tier VC firm DFG reviews promises and challenges of blockchain indexer segment

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However, the convenience search engines provide the rest of the internet does not seem to be reaching the blockchain. To this day, searching and retrieving on-chain blockchain data remains a unique challenge across the industry. This obstacle has impeded the development of decentralized applications that could offer valuable services across sectors.

The report navigates the complexities surrounding data accessibility and blockchain indexers, offering a roadmap to help users understand and navigate the ever-expanding landscape of crypto. Blockchain data is stored in a distributed and decentralized manner, making it difficult to access data quickly. However, blockchain indexers provide a way to make data accessibility easier, helping to extract necessary data from the blockchain and create an index that can be easily searched. In the past, retrieving blockchain data was costly and arduous, often involving dApp developers maintaining archival nodes or relying on commercial RPC node providers.

 

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