Covalent (CQT) is a multi—chain protocol asset data provider governance token that provides easy and fast access to blockchain data. In addition to serving as a management token, granting voting rights to holders, the token is an asset for stacking in the multichain API.

Covalent news today, CQT crypto latest news of token ticker

Covalent

Exciting news, Web3 developers! 🌐✨

Brace yourselves for the revolutionary power of Covalent Network's latest innovation: The Refiner.

Dive in and explore how it's transforming Web3's data infrastructure. The Refiner is Covalent Network's game-changing solution for accessing granular blockchain data. 

This means no more:
- Re-executing blocks from genesis over and over for a trace 😤
- Dealing with node sync times ⏱
- Limited access to internal transactions 🫠

This is achieved through the Refiner’s exceptional superpower—its ability to re-execute Ethereum blocks and transactions independently of its source node client software, and all of this is done concurrently.

This delivers unparalleled scalability for data applications.

What’s made available through these transformations are Block Results; one-to-one representations of blocks and their data. Exactly what you would get from the JSON-RPC layer but without the bottlenecks.

And all of this data is verified through cryptography. 🔒

The Refiner will go live on the Covalent Network on August 1st!

Discover the potential of this data transformation powerhouse by reading the whitepaper and exploring the Refiner GitHub repository below 👇.

- https://www.covalenthq.com/docs/cqt-network/refiner-whitepaper/
- https://github.com/covalenthq/rudder

💎 Sign up for a FREE API key: https://www.covalenthq.com/platform/auth/register/?utm_source=YouTube&utm_medium=video&utm_id=hiddengems

00:00 Introduction
00:42 What is the Refiner?
01:48 What is the Covalent Network?
03:24 Difference between Covalent & The Graph
08:43 Overview of Phase 1
10:27 What is Phase 2?
18:09 What are the next steps?
20:48 How can one get involved?
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 

Follow Covalent

🖥️ Website: https://covalenthq.com
🐦 Twitter: https://twitter.com/Covalent_HQ/
😊 Telegram: https://t.me/CovalentHQ
🗣️ Discord: https://bit.ly/Covalenthq_discord
🖊️ Blog: https://www.covalenthq.com/blog

About Covalent 

Covalent is an industry-leading blockchain indexer that gives users access to billions of web3 data points across all on-chain networks with their unified API. Developers use Covalent to build exciting multi-chain applications like crypto wallets, NFT galleries, and investor dashboard tools utilizing data from 100+ blockchains. Covalent is trusted by a community of 15,000+ developers and powers data for 500+ applications including 0x, Zerion, Rainbow Wallet, Rotki, Bitski, and many others.

The Refiner: A Web3 Solution for Accessing Granular Blockchain Data for Developers

Telegram

🚨 Don't miss Covalent's CEO & Co-Founder - Ganesh Swami & Senior Software Engineer - Pranay Valson discuss why the Refiner is an exciting piece of technology that brings unparalleled insight into blockchain data through concurrent execution technology.

What does this mean for #developers? 🤖

👎No more tedious:

• Re-executing blocks from genesis over & over for a trace
• Dealing with node sync times
• Limited access to internal transactions

Unlock new possibilities for your data applications in the #Web3 ecosystem.

Full Episode: https://youtu.be/o7yTUY8s_Yk