Access on-chain data using wormhole queries
Access to on-chain data is critical, especially for multi-chain applications. Historically, this process has been expensive and slow, primarily due to the need for on-chain transactions, high gas costs, and finalization times of the underlying blockchain. According to Wormhole, their new service, Wormhole Queries, aims to change this dynamic by allowing anyone to pull on-chain data as needed, streamlining development and significantly improving application performance.
What is a wormhole query?
Wormhole Queries provide instant access to data from multiple blockchains, drastically reducing latency and costs for verifiable cross-chain state calls. The service is designed as a flexible and versatile framework to provide simple and efficient access to cross-chain data. Security is ensured by Wormhole Guardians, which verify responses and ensure valid and reliable data access.
Who uses wormhole queries?
Wormhole Queries are tailored for developers looking to build more performant multichain applications. Its use spans a variety of sectors in DeFi protocols such as: Decentralized Exchange (DEX) is applied to blockchain-based games. For example, a perpetual futures DEX can leverage wormhole queries to pull real-time data from multiple chains to provide perpetual contracts for tokens with a reliable on-chain price feed. Likewise, multichain games can instantly retrieve player data across chains, providing a seamless user experience.
Why are wormhole queries important?
Wormhole Queries significantly improve developer and user experience by enabling faster, simpler, and more cost-effective data access. It is reported to be up to 84% cheaper than existing methods and provides response times of less than 1 second. These efficiencies make applications more responsive, significantly improving the overall user experience.
How to Join Wormhole
The Wormhole ecosystem is a vibrant and rapidly growing community of creators and users shaping the future of Web3. Those interested can join the community by joining the Wormhole Discord. Additionally, if you’re interested in learning more about interoperability and Wormhole’s technology, you can find extensive documentation here.
Introduction to wormholes
Wormhole is a leading interoperability platform supporting large-scale multichain applications and bridges. It provides developers with access to liquidity and users on over 30 major blockchain networks, supporting a variety of use cases in DeFi, NFTs, governance, and more. Trusted by renowned teams like Circle. UniswapWormhole has facilitated the transfer of over $40 billion through over 1 billion cross-chain messages to date.
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