Aurora Joins Force With Covalent for Access to Trustless Data
On May 24, Aurora released the official statement regarding its integration with Covalent’s indexing protocol. This move will provide developers on the chain with rich blockchain data powered by Covalent’s Unified API. Aurora’s plans for data accessibility will be achieved through the verifiable, permissionless, and trustless blockchain data from Covalent.
Covalent is easily the most sought-after blockchain indexing protocol powered by an advanced Unified API. The project has indexed billions of web3 data points, making it easier for blockchains to access them. The protocol has already supported the creation of several multi-chain wallets, applications, NFT galleries, and investor tools across 32 blockchain networks.
The highly transparent and visible data points have made Covalent a go-to platform for more than 27,000 developers in the crypto ecosystem. The dataset from the Unified IP supports 30,000+ price feeds and a staggering 250,000 smart contracts. On top of that, the dataset for this indexing protocol is responsible for more than 25 billion transactions worldwide.
As per the reports, the indexing protocol has integrated Aurora mainnet as the latest addition to its portfolio. Aurora is an EVM-based network developed by the NEAR protocol. The network was created to provide the developers with an alternative scalable and high throughput platform to run their apps.
With Covalent integration, the developers on Aurora can access accurate, high-quality data to speed up their work. Moreover, they can easily enable multi-chain connectivity by changing the Chain ID parameters. This collaboration will reportedly be a long-term commitment that hopes to bring several other benefits in the future.
Decentralizing the Aurora data stack will be a viable solution from Covalent or addressing redundancy and validator incentive issues. Another aspect would be allowing developers to create their own custom-made endpoints for better efficiency and user experience. It can be achieved through the analyst mode offered by Covalent, where developers can write SQL and tailor-make their dashboards.
The Covalent Unified API will also allow users to get data from the Aurora mainnet. It will help developers access the data which otherwise would be difficult to derive from the public ledger. It includes token balances per account, NFT transactions for contracts, historical transaction data, and contract metadata.
Covalent CEO Ganesh Swami said that the team is excited to see what can be achieved through their trustless data on the Aurora mainnet. He further added that their Unified API with access to trustless, permissionless verifiable data would significantly enhance user experience on Aurora.
The two projects are also working toward making some useful tools and docs for the developers. Given the fact that Covalent is behind more than 500 applications, including 0x, Zerion, Rainbow Wallet, Rotki, and Bitski, it will be a great addition to the Aurora ecosystem.