Decentralized RPC network ‘DRPC’ for Ethereum apps launches
Distributed RPC “DRPC” started
Ethereum (ETH) infrastructure provider DRPC has launched a decentralized RPC network for Ethereum-based applications.
RPCs are currently mostly provided by centralized providers and can bog down when blockchain apps go offline. DRPC solves this problem by providing a system of distributed RPCs across a globally distributed network of providers.
What is RPC
Abbreviation for remote procedure call in English. A protocol used by cryptocurrency apps to communicate with blockchain networks. It forms a key part of the infrastructure layer of many blockchains, including Ethereum.
Cryptocurrency Glossary
DRPC is now Live!
DRPC is an Ethereum-based decentralized RPC network that enhances the following:
1.reliability
2.cost-efficiency
3.security
Get your first endpoint and make Ethereum more decentralized in just 30 secs – https://t.co/MK97OOlus0More details in the thread
https://t.co/PVTdjWkYMY pic.twitter.com/DTB5rygeyz
—DRPC.eth (@drpcorg) March 23, 2023
He explained that DRPC strengthens “reliability”, “cost-effectiveness” and “security” as follows.
High reliability is maintained by 15 providers. If one of your providers fails or becomes unavailable, we automatically switch to an alternate provider based on latency, error rates, etc.
Community support is also available 24/7.
It’s like distributing the RPC load of cryptocurrency apps across many providers.
DRPC Chief Product Officer Constantine Zaitcev commented:
The advent of DRPC will enable end-to-end decentralization of Ethereum. In addition to the blockchain and application layer, the infrastructure layer will also be decentralized.
Efforts like this help build trust in RPC nodes, the infrastructure that fuels the growth of the Ethereum network.
In addition to Ethereum, DRPC plans to expand its coverage to other Ethereum Virtual Machine (EVM)-based networks such as Polygon (MATIC), Arbitrum and Optimism in the coming months. DRPC just passed 1 billion RPC requests in February.
Features of DRPC
DRPC points out that the Web3 community is currently dominated by dApps that use three major players for RPC: Alchemy, Infura, and QuickNode, which is centralized. In this situation, he said that distributed RPC services are attracting attention.
DRPC cites the following items as features of its distributed RPC “DRPC”.
- Dozens of RPC Providers Worldwide Participate
- Realization of flexible scalability and processing speed
- Realize the best price based on the auction model
- You can easily start using the RPC service with a virtual currency wallet
- Stablecoins can be used to pay RPC providers
What is EVM
Acts as a “translator” for executing smart contracts. A state machine (a logic circuit in which the next state is determined by the input conditions and the current state) held in the Ethereum client network, and the role of calculating the state of the network by executing transactions and smart contracts each time a block is generated. responsible for
Cryptocurrency Glossary
The post Decentralized RPC network ‘DRPC’ for Ethereum apps launches appeared first on Our Bitcoin News.
OhNoCryptocurrency via https://www.ohnocrypto.com/ @Kurt Ebenzer, @Khareem Sudlow
