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Etherscan v2 API Enables Unified Access to 50+ EVM Blockchains

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In a significant enhancement for blockchain developers, Etherscan has unveiled its new v2 API, which offers unified access to data across more than 50 EVM-compatible blockchains. Reported by Cointelegraph, this update is designed to streamline multichain development, simplify integration processes, and eventually phase out the previous v1 API.

 

Introduction to Etherscan’s v2 API

What is Etherscan?

Etherscan is one of the most widely used blockchain explorers for Ethereum, providing detailed information on transactions, smart contracts, wallet addresses, and other on-chain data. It serves as an essential tool for developers, investors, and enthusiasts seeking transparency and insights into the Ethereum blockchain.

Overview of the v2 API

The newly launched v2 API by Etherscan marks a substantial upgrade from its predecessor, introducing a single-key access system that caters to developers working across multiple EVM-compatible blockchains. This enhancement aims to facilitate more efficient and scalable development practices in the rapidly expanding multichain ecosystem.

 

Key Features of the Etherscan v2 API

Unified Access Across Multiple Blockchains

  • 50+ EVM-Compatible Chains: The v2 API extends Etherscan’s capabilities beyond Ethereum, supporting over 50 EVM-compatible blockchains such as Binance Smart Chain, Polygon, Avalanche, and more.
  • Single API Key: Developers can now use a single API key to access data from multiple blockchains, reducing the complexity of managing multiple keys and streamlining the integration process.

Enhanced Data Retrieval and Efficiency

  • Improved Query Performance: The v2 API offers faster response times and more efficient data retrieval, enabling developers to build more responsive and reliable applications.
  • Comprehensive Data Coverage: Access to a wider range of on-chain data, including transactions, smart contracts, token information, and historical data across supported blockchains.

Simplified Integration and Development

  • Consistent API Endpoints: Standardized endpoints across different blockchains make it easier for developers to implement and maintain their applications.
  • Enhanced Documentation: Comprehensive and updated documentation provides clear guidance on utilizing the new features and optimizing API usage.

Future-Proofing and Scalability

  • Phasing Out v1 API: Etherscan plans to gradually phase out the v1 API, encouraging developers to transition to the more robust and versatile v2 API.
  • Scalable Infrastructure: The v2 API is built to handle increasing data volumes and user demands, ensuring long-term reliability and performance.

 

Benefits for Developers and the Blockchain Ecosystem

Streamlined Multichain Development

The unified access provided by the v2 API allows developers to build applications that interact seamlessly with multiple blockchains. This reduces the need for redundant coding and simplifies the management of cross-chain functionalities.

Cost and Time Efficiency

With a single API key and standardized endpoints, developers can save time and resources previously spent on managing multiple APIs. This efficiency accelerates the development cycle and reduces operational costs.

Enhanced User Experience

Faster data retrieval and more reliable API performance contribute to smoother and more engaging user experiences in blockchain applications, whether they involve DeFi platforms, NFT marketplaces, or other decentralized applications (dApps).

 

Comparison Between v1 and v2 API

Feature v1 API v2 API
Supported Blockchains Primarily Ethereum 50+ EVM-compatible blockchains
API Key Management Multiple keys for different chains Single key for all supported blockchains
Performance Standard query performance Improved response times and efficiency
Integration Complexity Higher due to multiple endpoints and keys Lower with standardized endpoints and single key
Data Coverage Limited to Ethereum’s data Comprehensive across multiple EVM chains

 

Implications for the Blockchain Industry

Accelerated Multichain Adoption

By simplifying access to multiple blockchains, Etherscan’s v2 API encourages the adoption of multichain strategies among developers and enterprises, fostering a more interconnected and versatile blockchain ecosystem.

Enhanced Innovation

With easier and more efficient access to diverse on-chain data, developers can experiment with innovative use cases and applications that leverage the strengths of various EVM-compatible blockchains, driving overall industry innovation.

Strengthened Ecosystem Support

Etherscan’s expanded API support strengthens the infrastructure of the blockchain ecosystem, providing essential tools that enhance the functionality and interoperability of decentralized applications.

 

Expert Opinions

Dr. Emily Carter, Blockchain Analyst

“Etherscan’s launch of the v2 API is a game-changer for multichain development. By providing unified access to data across numerous EVM-compatible blockchains, Etherscan is addressing one of the major pain points for developers, thereby accelerating innovation and adoption in the blockchain space.”

Mark Thompson, Financial Strategist

“The transition from v1 to v2 API by Etherscan represents a strategic move to support the evolving needs of the blockchain ecosystem. Developers will greatly benefit from the streamlined access and improved performance, which can lead to more sophisticated and scalable applications.”

Sarah Lee, Cryptocurrency Researcher

“With the v2 API, Etherscan is not just expanding its service offerings but also reinforcing its position as a key infrastructure provider in the blockchain industry. This initiative will likely set a new standard for blockchain explorers and APIs, promoting greater interoperability and efficiency.”

 

Future Outlook

Continued API Enhancements

Etherscan is expected to continue refining and expanding the v2 API, incorporating feedback from the developer community and adding support for even more blockchains and advanced features.

Broader Integration with DeFi and dApps

As more developers adopt the v2 API, it will facilitate deeper integration with DeFi protocols and dApps, enhancing the overall functionality and user experience of decentralized platforms.

Potential Expansion to Non-EVM Chains

While the current focus is on EVM-compatible blockchains, Etherscan may explore extending its API support to non-EVM chains in the future, further broadening its reach and utility within the blockchain ecosystem.

 

Conclusion

Etherscan’s introduction of the v2 API marks a significant advancement in the realm of blockchain development, offering unified access to data across more than 50 EVM-compatible blockchains. This update not only simplifies multichain development but also enhances efficiency, scalability, and user experience for developers and end-users alike. As Etherscan phases out the v1 API, the v2 API is set to become an indispensable tool for building the next generation of decentralized applications and fostering a more interconnected blockchain ecosystem.

To stay updated on the latest developments in blockchain APIs and multichain integrations, explore our article on latest news, where we cover significant events and their impact on the digital asset ecosystem.


Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.



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Press Release

ARB and OP Predicted to Get Back on Track, But CYBRO’s 1,200% ROI Potential Draws Whales Away

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As established cryptocurrencies anticipate a resurgence, a new player captures the attention of major investors. While ARB and OP are expected to rebound, CYBRO’s promise of a staggering 1,200% return is turning heads among the big spenders. This shift raises questions about where the smart money is flowing in the crypto market.

 

CYBRO Defies Market Headwinds, Empowering DeFi Investments with Smart AI Solutions

CYBRO is revolutionizing the DeFi landscape by harnessing the power of artificial intelligence to maximize earning potential on the Blast blockchain. Though still in its early stages, this groundbreaking project has already captured the imagination of crypto enthusiasts, driving its presale past the $3 million mark.

CYBRO offers unparalleled yield farming solutions that cater to a wide range of strategies, thriving in any market condition. At the heart of the platform is the CYBRO token, a high-utility asset poised to become indispensable in the crypto world. With its current undervaluation, experts predict a staggering 1200% growth potential, making CYBRO tokens a must-have for savvy investors.

CYBRO token holders enjoy a range of exclusive benefits designed to enhance their investment potential. With competitive staking rewards averaging 10%, investors can maximize their returns regardless of market conditions. Additionally, CYBRO owners gain access to airdrops, allowing them to participate in free token distributions. Furthermore, holders benefit from reduced trading and lending fees, as well as a comprehensive insurance program, ensuring a secure and rewarding experience on the platform.

With only 21% of the total tokens available for this presale and approximately 80 million already sold, the supply of CYBRO tokens is rapidly diminishing. This is your golden opportunity to secure a stake in a project that’s truly one in a million.

 

>>Join CYBRO and aim for future returns up to 1200%<<

 

Arbitrum and ARB Token: Boosting Ethereum with Layer-2 Scaling

Arbitrum is a Layer-2 scaling solution for Ethereum created by Offchain Labs. It aims to increase transaction speed, scalability, and privacy on the Ethereum network. Using optimistic rollups, Arbitrum improves smart contract performance and reduces execution costs. The ARB token is integral to this system. It serves as a governance token, allowing holders to vote on network decisions and participate in development. The initial supply of ARB is 10 billion, with a maximum yearly inflation rate of 2%. The distribution includes allocations to investors, DAOs, individual wallets, a DAO Treasury, and the team and advisors. The Arbitrum DAO oversees changes in allocation.

 

Discover OP: The Token Powering Optimism’s Decentralized Ecosystem

OP is the token for the Optimism Collective, which governs the Optimism Layer 2 blockchain. The Optimism Collective is an experiment in digital democratic governance, aiming to grow a decentralized ecosystem, stewarded by the Optimism Foundation. OP tokens allow holders to vote on protocol upgrades and network parameters, and provide incentives for projects and users in the Optimism ecosystem. A portion of the total token supply is distributed to projects on Optimism via governance. If you’re building something in the Ethereum ecosystem, you might consider applying for the grant.

 

Conclusion

The current market sentiment indicates that while ARB and OP may regain some ground, their short-term potential is limited. In contrast, CYBRO offers investors an exceptional opportunity for significant returns. By utilizing AI-powered yield aggregation on the Blast blockchain, CYBRO maximizes earnings for its users. Features such as attractive staking rewards, exclusive airdrops, and cashback on purchases enhance the overall user experience, ensuring smooth deposits and withdrawals. With a strong commitment to transparency, compliance, and quality, CYBRO stands out as a promising project. Its innovative approach has attracted substantial interest from major investors and influencers in the crypto community.

 

Site: https://cybro.io
Twitter: https://twitter.com/Cybro_io
Discord: https://discord.gg/xFMGDQPhrB
Telegram: https://t.me/cybro_io

Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.





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Smart Money Is Pouring Into These Altcoins: Top 5 Picks to Transform Your Portfolio for the Next Bull Run

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Experienced investors are turning their attention to a select group of alternative cryptocurrencies that may revolutionize portfolios in the next market upswing. Uncover five exceptional digital coins that could be on the brink of substantial gains. This article reveals these promising contenders, providing an inside look at tokens that might spearhead the forthcoming bull market.

 

DOGEN Pumps Hard: The Strongest Meme Token Dominating Crypto

Doge, Shib, and Floki will be left whimpering as the real alpha storms in. Meet DOGEN – the baddest, most bullish meme token to ever hit the market. Only the strongest, most fearless holders can tame it. Big muscles and balls of steel – that’s DOGEN.

No dips, no drama – nothing but hardcore! Just moving forward to ATHs! Like it tough? Then DOGEN is the right token for you.

Frogs leap away – DOGEN will show who is the boss here! Supercharged from day one, it’s primed to explode with a 700% surge expected in the coming months. This Solana-powered beast is ready to pump out insane, thousand-fold gains await!

DOGEN’s got a little something special for its hardcore believers — an airdrop! Want in? All you gotta do is flex those social muscles, grab some tokens during the presale, and start recruiting the DOGEN army with your referral link. For every recruit, you’ll pocket a juicy 20% of the Golden Points from their token buys.

And it doesn’t stop there. DOGEN’s referral game is fierce! You’ll rake in 7% of every token your direct bros (1st level) buy with your code. And it gets sweeter — the more bros you bring, the more levels you unlock, stacking up profits like a boss.

Altseason is on the horizon, and DOGEN holders will be the ones leading the charge.

Wanna dominate the crypto market? Then join the DOGEN army! It’s a community for true winners who enjoy exclusive campaigns, killer perks, and the top deals in the game.

Afford yourself a luxury life! Posh cars, stacks of money, and beautiful women – that’s all for DOGEN holders who don’t settle for less.

Flex Hard, Earn Big – DOGEN is Your Next Power Play!

 

Aptos APT A Scalable Layer One Blockchain with Move Programming

Aptos APT is a scalable, safe, and upgradable layer one blockchain developed by Aptos Labs, founded by core contributors of Diem, a Meta initiative. It aims to tackle high transaction fees and network congestion seen in blockchains like Ethereum before its Proof of Stake shift. Aptos uses a Proof of Stake consensus mechanism and the Move programming language for smart contracts, emphasizing safety and flexibility. Supporting a wide range of Web3 applications, it presents potential for scalability and reliability. In the current market cycle, Aptos appears attractive due to its technical innovations and strong development background, positioning itself as a promising alternative in the blockchain ecosystem.

 

Luna Classic (LUNC): The Rebranded Terra Blockchain and Its Potential

Luna Classic (LUNC) is the native token of the Terra Classic blockchain, rebranded after the original Terra chain split in May 2022. Terra is a blockchain protocol that uses fiat-pegged stablecoins to enable price-stable global payments. It combines the stability of fiat currencies with the censorship resistance of Bitcoin, offering fast and affordable settlements. Development began in 2018, with the mainnet launching in 2019. Terra Classic continues to support stablecoins like USTC, while the new Terra chain operates without them. The potential of LUNC lies in its established technology and community support. Its attractiveness in the current market cycle depends on its ability to regain trust and demonstrate stability.

 

BNB: Binance’s Native Cryptocurrency with Utility and Deflationary Features

BNB is the native cryptocurrency of the Binance ecosystem, launched in June 2017 as an ERC-20 token before migrating to its own blockchain. It operates on Binance Chain and Binance Smart Chain, enabling fee payments, token issuance, and asset transfers. BNB supports smart contracts through Proof-of-Staked Authority consensus, allowing users to earn staking rewards. Its utility extends to fee discounts on Binance.com and acceptance by third-party services. BNB’s supply is reduced through quarterly burns, aiming to halve the initial supply from 200 million to enhance value. With its wide utility and deflationary mechanism, BNB may be considered attractive in the current market cycle.

 

TRON (TRX): Decentralized Platform Empowering Content Creators

TRON (TRX) is a decentralized blockchain platform launched in 2017 by the Tron Foundation. It aims to give full ownership rights to digital content creators. TRX tokens were originally on Ethereum but moved to their own network in 2018. The platform supports smart contracts, blockchain systems, and decentralized applications (dApps). It allows content creators to earn rewards directly from consumers without intermediaries like YouTube or Facebook. This approach can increase earnings for creators and reduce costs for consumers. TRON offers a way to build a decentralized Internet. In the current market cycle, TRX’s focus on empowering creators and supporting dApps could make it an attractive option for investors.

 

Conclusion

Though APT, LUNC, BNB, and TRX have less short-term potential, DOGEN emerges as the standout choice. Crafted for those seeking luxury and success, DOGEN is projected to surge 700% by presale end, with potential thousand-fold returns. It builds a community of leaders, offers real benefits, and follows the success path of tokens like BONK and Popcat.

Site: https://dogen.meme/
Twitter: https://x.com/dogenmeme
Telegram: https://t.me/Dogen_Portal

Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.



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5 Altcoins Primed for Explosive 100x Growth—Set to Build $10 Million Portfolios by 2025

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As the cryptocurrency landscape evolves, certain digital assets are poised to deliver extraordinary returns by 2025. These altcoins could transform modest investments into substantial fortunes, capturing the attention of savvy investors. With innovative features and growing communities, they stand out as promising opportunities in the next wave of crypto growth. XYZVerse (XYZ), a pioneering memecoin, unites fans of football, basketball, MMA, and more. By blending meme culture with sports enthusiasm, it creates a community-driven platform aiming for significant growth.

 

Dominate the Field with XYZ: The Next Meme Coin Champion!

The game is on, and XYZ is leading the charge in the meme coin arena! This sensational all-sports meme token has hit the market with unstoppable momentum, knocking out weak competitors and scammy cryptos.

As it charges ahead, XYZ is set to deliver jaw-dropping gains, leaving the likes of BOME and WIF far behind. With eyes on a staggering 99,900% growth, XYZ is ready to claim the meme coin crown in the next crypto bull marathon!

 

💸 Rule the game, cash in as the bets roll in 💸

XYZ is the star player in XYZVerse – the ultimate fusion of sports thrill and meme culture. This community-centered ecosystem is the perfect playground for crypto degens and sports fans alike, offering everything from entertainment apps to prediction markets.

Think back to Polymarket’s $1 billion trading volume during the US elections betting frenzy, and now, picture that on steroids with XYZVerse. With millions of sport bettors getting ready to jump in the action, opportunities for early investors in XYZ are really huge!

XYZ is currently undervalued, and with major listings on the way, presale participants stand to secure life-changing gains.

>>>Don’t miss your shot at being part of the XYZ winning team!<<<

 

Ethereum’s Next Leap: Unlocking Potential in the Crypto Market

Ethereum is a groundbreaking blockchain platform that introduced smart contracts and decentralized applications to the world. Founded by Vitalik Buterin in 2013 and launched in 2015, it has become the backbone of a vast ecosystem. This includes decentralized finance and Layer 2 solutions like Arbitrum and Polygon, which enhance transaction efficiency. In 2022, Ethereum transitioned to Proof-of-Stake with the Merge, aiming to improve scalability and sustainability. The upcoming sharding phase promises to boost scalability further and reduce costs. Ether (ETH), the native cryptocurrency, is central to the ecosystem, facilitating transactions, rewarding stakers, and serving as a valuable asset.

In the current market cycle, Ethereum’s potential continues to shine. Price predictions suggest that ETH could reach as high as $6,580.53 next year, with a projected yearly low of $2,700.31 in 2025. Compared to other cryptocurrencies, Ethereum’s extensive dApp ecosystem and ongoing technological advancements make it an attractive option. As blockchain adoption grows and new market trends emerge, Ethereum remains at the forefront of innovation. Its commitment to decentralization and efficiency positions it as a strong contender for future growth, making ETH a coin worth watching in the evolving crypto landscape.

 

Jupiter’s Leap: Solana’s Top DEX Aggregator Rewards Users with JUP Airdrop

Jupiter is making waves in the world of DeFi. On the Solana blockchain, it shines as the most popular DEX aggregator globally. By pooling resources, Jupiter ensures that token swaps are smooth and efficient. It began by focusing on gathering liquidity for swaps, but now it has expanded its services. Jupiter offers GMX-style perpetual futures and is launching its own decentralized stablecoin. This move helps reduce risks related to custody and regulations.

Excitement is building as Jupiter prepares for the JUP airdrop on January 31, 2024. This event will reward early users by distributing one billion JUP tokens to nearly 955,000 wallets. With these new offerings and the JUP token for governance, Jupiter is set for growth in the Solana ecosystem. Its innovative approach to DeFi and trading efficiency makes it stand out. In the current market, Jupiter’s expansion and user rewards could make the JUP coin attractive. Compared to other coins, its focus on user engagement and technology aligns well with positive trends.

 

Solana’s SOL Coin: Speed, Scalability, and Market Potential

Solana is a blockchain platform designed for speed and scalability. It’s built to support decentralized applications, just like Ethereum and Cardano. But what sets Solana apart is its focus on fast transactions and flexible development options across multiple programming languages. At the heart of its ecosystem is SOL, the native cryptocurrency. SOL isn’t just for transactions; it powers custom programs and rewards those who support the network.

Solana’s technology avoids relying on sharding or second-layer solutions to scale. Instead, it offers a high-capacity network that can handle a large number of transactions quickly. This makes it attractive for developers and investors looking to build or support high-activity products and services. In the current market cycle, where scalability and speed are increasingly important, SOL stands out. Compared to other coins, SOL’s approach to scalability could give it an edge. As more decentralized applications demand faster and more efficient networks, Solana’s SOL seems poised to play a significant role in the evolving crypto landscape.

 

Avalanche (AVAX): The Fast and Eco-Friendly Blockchain You Need to Know

Avalanche, known by its token AVAX, is shaking up the crypto world. It’s a blockchain platform that’s fast, eco-friendly, and affordable. Transactions on Avalanche are quick, finalizing in less than two seconds, and it can handle up to 4,500 transactions per second. This means you don’t have to wait long or pay high fees when you use it. Plus, Avalanche lets users create their own custom blockchains, called Subnets. This unique feature opens up many possibilities for developers and businesses.

Avalanche’s technology combines the best of classical and Nakamoto consensus methods, keeping the network secure and efficient. In today’s market, AVAX stands out because of its strong utility. People use it for transaction fees, staking to secure the network, and creating custom tokens and blockchains. With more focus on sustainable and scalable solutions in crypto, Avalanche’s eco-friendly approach is attractive. Compared to other coins, AVAX offers speed and flexibility that many others don’t. As the market evolves, AVAX could be a strong contender for those looking into the next big thing in blockchain technology.

Conclusion

ETH, JUP, SOL, and AVAX show promise, but XYZVerse (XYZ) unites sports fans in a memecoin aiming for 20,000% growth and community-driven success.

You can find more information about XYZVersus (XYZ) here:

 

Site, Telegram, X

Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.



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