Phala Network Partners With Subsquid to Provide High-Quality Indexing Service On Phala App
We are so excited to announce that Phala Network has developed a partnership with Subsquid, an open-source indexing project that aims to build a better standard for Web3 and ETL that supports EVM, Substrate, and WASM chains. As one of the back-end data indexing partners of Phala, it has completed the integration on Phala App to support data indexing and querying. In the future, Phala and Subsquid will expand collaboration in more fields in the Phala ecosystem.
Phala App is a multifunctional aggregation product that is an app hub for developing tools of the Phala ecosystem, it just updated to V2.0 by introducing a new UI design and new features on December 22nd.
Subsquid has a lot of developer tools which provide a smooth development experience, and it is very easy to get started, which greatly improves the efficiency of the initial stage of Phala App development. The Squid Archive service makes indexing data easier and more intuitive. It also has an outstanding feature: the efficiency and speed of the processor are really great, which improves the speed of data backtracking.
By bringing Subsquid’s data processing and API development framework to Phala App, querying on-chain data becomes more easily, quickly, and efficient. Benefiting from this integration, Phala’s tech team can save energy from data processing, it not only maximizes developer effectiveness but also provide a good experience to users.
“Phala removes the need for developers to depend on centralized data centers. In this way, Phala has the potential to bring about truly permissionless and censorship-resistant computing. This is really what Web3 is all about, and we’re very happy to be collaborating with a project working on such essential infrastructure,” writes Dmitry Zhelezov, CEO and co-founder of Subsquid. “Moreover, Phala’s Phat Contracts unlock use cases not possible with regular smart contracts, and we’re very excited to see what gets built with this technology.”
As the Web3 decentralized compute cloud platform, there is large quantities need for cross-chain data query and analysis among the Phala ecosystem as well as the Dapps that are built on top of it. In the crypto world, data has always played a crucial role, and a good on-chain data indexer means a lot to Web3 builders. By combining Phat Contract — the innovative off-chain programming model developed by Phala — and the third-party data index service like Subsquid, Phala will release its huge potential in the future.
About Subsquid
Subsquid is the team behind squids, a new standard for Web3 data extraction and transformation. Squids already power hundreds of applications across dozens of EVM, Substrate, and WASM-based chains. With modular architecture and a host of advanced features, Subsquid offers the most resource-efficient and developer-friendly way to build, test, and deploy customized GraphQL APIs and ETLs for blockchain-facing applications.
About Phala
Phala Network tackles the issue of trust in the computation cloud.
By organizing a decentralized network of computation nodes around the world, it offers high-performance services without relying on any cloud vendor. Phala workers run the programs in Secure Enclaves, a privacy technology already embedded into modern processors, enabling versatile and confidential execution. Together, this creates the infrastructure for a powerful, secure, and scalable trustless computing cloud.
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