Acala Parachain to Launch the SubQuery Network

Making an important announcement, SubQuery has declared that the organization is going to have its presence in the form of the Acala Parachain in the form of a new SubQuery Network. It is also important to note that the network of SubQuery and its native token SQT will become the first external application to witness its launch on the Acala Parachain. 

SubQuery has deliberated on several Parachain networks and then finally decided to go ahead with the selection of the Acala. The primary factors that sealed the deal in favor of Acala are its uninterrupted community access, the ongoing robust relationship between two organizations, and technical and domain expertise that has been demonstrated by Acala for years now. 

Another important factor that cemented the deal with the Acala Parachain is the upcoming launch of its EVM+. This special ability allows the users to even connect with the Ethereum ecosystem just by clicking the link on the Acala Parachain from the network of Polkadot. This compatibility is truly appreciable and will enhance the value of the organization in the minds of the customers. 

Not only will it allow seamless participation across the ecosystems but also help to link the addresses of the Ethereum users with their address on the Polkadot ecosystem. This means there’s no duplicity of the efforts required to manage the different accounts. 

Acala is a market leader as far as the expertise in the technical domain of the Polkadot ecosystem is concerned. The first version of the upcoming SubQuery Network will be integrated as the smart contract in EVM+ of Acala, and during the testing phase, the capability of the EVM+ will be tested to the maximum to get an idea of how many users can be accommodated within the scalable limit of the API requests.

Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

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