Subsquid (SQD) is a groundbreaking decentralised data lake and query engine that began its journey in 2021. It fundamentally changes how developers access and interact with blockchain data, aiming to build a more open and neutral internet. This innovative platform offers high-performance, permissionless data access, making it a crucial tool for modern decentralised application (dApp) development and analytics.
MoreSubsquid operates as a decentralised data lake secured by Zero-Knowledge (ZK) proofs, ensuring data integrity without compromising privacy. Its modular architecture allows for exceptional scalability and flexibility, enabling developers to efficiently index and query blockchain data. This provides a robust, decentralised alternative to traditional centralised infrastructure, streamlining data access for various Web3 applications.
MoreBuying Subsquid (SQD) at Coinmerce is easy. Simply select the Subsquid coin, choose your preferred payment method, and the SQD tokens will be securely delivered to your Coinmerce wallet.
MoreLooking to buy Subsquid (SQD)? At Coinmerce, you can easily purchase SQD using various convenient payment methods, including iDeal. Once you're logged into your account, navigate to the "Coins" section from the top menu. This page displays all the cryptocurrencies available on Coinmerce. If you don't immediately see Subsquid (SQD), use the search function to quickly locate it. Click on the Subsquid coin to access its dedicated page. In the right-hand panel, you can specify the amount of SQD you wish to buy in Euro. The system will automatically display how many SQD tokens you'll receive for that amount. Once you've entered the desired value and confirmed the details, click "Buy" to complete your purchase. Your newly acquired SQD assets will then be securely stored in your Coinmerce wallet, ready for you to manage or trade.
The Subsquid Network represents a significant leap forward in Web3 infrastructure, driven by the ambition to create a more open and neutral internet. It was conceptualised as a direct response to the limitations of older, more rigid blockchain indexing frameworks that struggled with the rapid evolution of the blockchain environment. Subsquid offers a flexible, scalable, and decentralised solution, moving away from the single points of failure inherent in centralised data providers. At its core, Subsquid provides a decentralised data lake and query engine, designed to give developers high-performance and permissionless access to vast amounts of blockchain data. This is achieved through its modular architecture, which is further secured by Zero-Knowledge (ZK) proofs – a cutting-edge cryptographic method ensuring data integrity and privacy without revealing sensitive information. This makes it incredibly resilient against malicious activities. The SQD coin itself plays a vital role within the Subsquid ecosystem. Use cases for the SQD token are focused on streamlining and securing network operations in a permissionless manner, like rewarding node operators and facilitating permissionless selection of trustworthy operators. Tokenholders can participate in governance and vote on protocol changes.