๐ Ethereum's indispensable ally in ensuring blockchain long-term data availability without reliance on intermediaries.
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1/ How does Covalentโs protocol revenue sharing model work? ๐
As the Ethereum Wayback Machine (EWM), the Covalent Network relies on CQT, an ERC20 token on Ethereum, which serves as the Staking and Governance token for the network. https://t.co/c83p8Hzk7O
6/ ๐ Building with Ethereum in Mind.
Our commitment to Ethereum's future is unwavering. The EWM is designed to support Ethereum's scalability efforts, ensuring that data remains accessible to developers, businesses, and researchers.
https://t.co/GKPSmwOvtd
5/ ๐ How It Works.
The EWM relies on the Covalent Network's Block Specimen Producers (BSPs) and Block Results Producers (BRPs). These components work seamlessly to provide a robust, decentralized, and secure way to access historical Ethereum data.