Solana has been hit by a series of technological failures since its launch two years ago. But that’s not the only problem. The popular network also suffered from a lack of what is being called “proper blockchain indexing protocols.” Now, web3 firm Aleph.im wants to change all that.
On Oct. 6, the cross-blockchain decentralized storage and computing network launched its open-source indexing technology for the Solana blockchain. It is a decentralized tool that enables dApp developers to “efficiently index and query blockchain data.”
“The indexer allows a project to query specific data on the Solana blockchain so that projects built on top of it can get the information they need to function,” Claudio Pascariello, cofounder of Aleph, told Be[In]Crypto.
“For the retail user, this means a much more streamline user experience when interacting with a dApp [decentralized application] that is using our indexer and less issues like outages/exploits etc.,” he added.
The keyword here is decentralization. dApps already depend on centralized indexers such as Amazon Web Services or Google Cloud to obtain on-chain data. But that deviates from the crypto ideals of trustlessness.
Also, centralization can cause “serious security flaws and outage issues,” according to Aleph CEO Jonathan Schemoul.
What is Aleph?
Aleph.im describes itself as “a decentralized, distributed, serverless platform that offers computation services, storage facilities, and indexing solutions.” It is a cross-blockchain that uses “Virtual Machine” technology to deal with issues of centralization in cloud computing.
In August 2021, the company released its decentralized indexing technology for the Solana blockchain ecosystem for the first time. Then, indexers ran in a closed environment. Now projects can create custom indexers run on Aleph’s infrastructure.
“This is groundbreaking for the web3 space,” Pascariello claimed. “If a project uses Anchor, for example, they will be a
GIPHY App Key not set. Please check settings