Recently, a project called @Chainbase Official has become quite popular. Simply put, it is dedicated to solving blockchain data issues for everyone. Friends who are currently involved in blockchain know that querying data can be particularly troublesome, as different chains require different methods, and the speed is painfully slow. Chainbase is here to tackle these problems, utilizing the latest AI technology.
The most impressive aspects of this project are threefold:
First, the speed of data retrieval is exceptionally fast. For example, if you want to check how many transactions a certain wallet has made recently, traditional methods might take several seconds, while Chainbase provides results almost instantly. They support over 200 different chains, so basically, you can look up any chain you’ve heard of.
Second, you can query data using natural language. This feature is incredibly practical; you can simply ask, "Which NFT sold for the highest price in the last 24 hours?" and it will provide you with an answer without needing to learn any complex query languages. Their self-developed Theia AI system has a comprehension capability that is 30% stronger than others.
Third, token $C is very useful. This coin is not just for speculation; it can truly be used as money within the Chainbase ecosystem. For instance, querying data requires spending $C, and depositing $C can earn you interest, currently around 20% annualized. It has recently been listed on Binance, and its price is quite volatile, so everyone should be cautious.
Many large companies are now using Chainbase, and tech giants like Alibaba Cloud and Google are collaborating with them. Developers find it particularly convenient, as it saves them the hassle of building their own data systems. Although ordinary users may not feel the underlying technology, they might already be enjoying Chainbase's services when using wallets or exchanges.
Overall, Chainbase is a project that makes blockchain data simple and user-friendly. Although the price is currently volatile, in the long run, as more people start using blockchain, this type of infrastructure project is expected to become increasingly important.
#chainbaseOfficial
#Chainbase
The most impressive aspects of this project are threefold:
First, the speed of data retrieval is exceptionally fast. For example, if you want to check how many transactions a certain wallet has made recently, traditional methods might take several seconds, while Chainbase provides results almost instantly. They support over 200 different chains, so basically, you can look up any chain you’ve heard of.
Second, you can query data using natural language. This feature is incredibly practical; you can simply ask, "Which NFT sold for the highest price in the last 24 hours?" and it will provide you with an answer without needing to learn any complex query languages. Their self-developed Theia AI system has a comprehension capability that is 30% stronger than others.
Third, token $C is very useful. This coin is not just for speculation; it can truly be used as money within the Chainbase ecosystem. For instance, querying data requires spending $C, and depositing $C can earn you interest, currently around 20% annualized. It has recently been listed on Binance, and its price is quite volatile, so everyone should be cautious.
Many large companies are now using Chainbase, and tech giants like Alibaba Cloud and Google are collaborating with them. Developers find it particularly convenient, as it saves them the hassle of building their own data systems. Although ordinary users may not feel the underlying technology, they might already be enjoying Chainbase's services when using wallets or exchanges.
Overall, Chainbase is a project that makes blockchain data simple and user-friendly. Although the price is currently volatile, in the long run, as more people start using blockchain, this type of infrastructure project is expected to become increasingly important.
#chainbaseOfficial
#Chainbase
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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