Chainstack, a web3 infrastructure firm, has unveiled Subgraphs, a blockchain data indexing tool that facilitates real-time access to on-chain data for use in applications such as crypto projects, exchanges and wallets. Subgraphs enables developers to quickly query from archive nodes and collect blockchain data in an easily searchable and accessible format.

From launch, Chainstack Subgraphs supports 13 major blockchains, such as Ethereum, Polygon, BNB Chain and Fantom. This allows developers to build decentralized applications for multiple protocols and interact with the blockchain in real-time. Additionally, developers can benefit from the firm's multi-chain node and data APIs offering that form part of the broader Subgraphs tool.

Compared to other indexing solutions, such as The Graph, Covalent and Dune analytics, Chainstack Subgraphs is designed to simplify the process of extracting and processing data from nodes on Ethereum and other blockchains. As opposed to having to dedicate resources to maintaining and indexing the data, developers can make use of the hosted service and thereby focus on creating applications.

Eugene Aseev, founder and chief technology officer at Chainstack, expressed his enthusiasm regarding the launch of Subgraphs, noting it should offer web3 developers and businesses an "easy and reliable" way to access on-chain data.

The debut of Chainstack Subgraphs is timely in light of The Graph's plans to sunset its hosted on-chain indexing offering next year. In order to move towards a decentralized and open architecture, The Graph will cease its hosted service in mid 2022 and Chainstack's alternative could fill in any potential gaps left as a result.



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