RPCs.

8KhE...dPBE
9 Jan 2023
10

I was doing a little bit of research on RPCs, and I came across a very interesting RPC service called the BlockPI Network. This article will be divided into two parts. Firstly, I will give a brief rundown on what RPCs are for those of us that do not know what they are because this article will be about BlockPI, and thereafter, I’ll talk about what makes BlockPI stand out amongst other RPC services. So buckle up, because you are in for a fascinating ride if you are into things like this.

WHAT ARE RPCs?
So basically, a remote procedure call node, also known as an RPC node, is a type of computer server that enables users to read data from the blockchain and send transactions to different networks. It is sort of a means of communication between different blockchain networks and sometimes wallets. For example, if a user accesses a DEX or uses MetaMask to make transactions, their requests are directed through an RPC to connect them with the nodes that store blockchain data. Another way to look at the function of an RPC is that when we see DApps communicate with each other or transactions happen on DApps, it’s possible because the RPCs have a request-reply function that transmits information between clients and servers.

What Makes Blockpi Different from Other RPC Services?
I am pretty sure that you are already asking, “What makes BlockPI different?” Well, let’s answer this question. So first, what is the BlockPI network all about? The BlockPI network is a decentralized multichain acceleration layer that supports developers in the open and decentralized Web3 environment. The BlockPI network seeks to provide high-quality, dependable, and efficient RPC services. To avoid scalability limitations, the network is designed as a multi-area network with expandable working nodes. So, in summary, the BlockPI Network is committed to providing Web3 builders with efficient, dependable, and high-performance decentralized API services.
Throughout the research I did, I could not find any RPC service right now in the crypto space that supports up to 11 blockchains, but apparently, BlockPI does, and they plan on adding more as they grow.
One of the perks I see it having above others out there is a non-competitive Web3 service layer; because of this, every RPC provider is invited to join. It also encourages self-owned RPC nodes from wallets, exchanges, DApps, and third-party RPC providers. And if they do, they don’t have to keep renting servers to meet the peak demand for RPC requests. Instead, they significantly increase the maximum RPC request availability at a low cost, with only on-demand fees for extra inflow usage.
So with the BlockcPI network, you will save money from the extra cost of renting or building servers to contain peak demand for RPC services, and also, any participant with idle capacity can earn by providing outflow RPC requests using its redundant resource. So if you ask me, I would say that the BlockPI Network with these features stands out in its own way from other RPC service providers in the space.
Reference: https://link.medium.com/IbHkIKMQlwb

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