PowerLoom – The Decentralized Information Layer for Web3

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PowerLoom – The Decentralized Information Layer for Web3

Swaroop Hegde is a co-founder at PowerLoom – a decentralized Information Layer for Web3 that’s scaling trustless information and constructing on-chain information primitives.

Swaroop Hegde is a co-founder at PowerLoom – a decentralized Information Layer for Web3 that’s scaling trustless information and constructing on-chain information primitives.

Why you must pay attention

The Powerloom Protocol is a decentralized information protocol designed to satisfy the rising information necessities of sensible contract-based purposes, together with DeFi, video games, and different user-centric platforms. It incentivizes taking part friends to realize consensus on state transitions and occasion emission observations throughout a number of sensible contracts.

By using information compositions on smaller, consensus-reached information models, Powerloom stands as a peer-validated and correct data supply, empowering wealthy information purposes equivalent to dashboards, bots, aggregators, and insights trackers.

Powerloom in a nutshell: Powerloom acts as a decentralized library catalog for blockchain information, offering verified and up-to-date data from a number of chains. Powerloom has a snapshot-driven strategy to information retrieval, which permits for environment friendly scaling and belief within the outcomes.

Supporting hyperlinks

Bitget

Bitget Academy

Bitget Research

Bitget Wallet

PowerLoom

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