Common Challenges in Blockchain Indexing
The rise of blockchain technology has empowered a new era of possibilities, promising a decentralized, secure, and transparent future. But it's not without its challenges. In this blog article, we'll cover the common hurdles faced in blockchain indexing and shed light on how innovative solutions like Envio are changing the game.
Common challenges of blockchain indexing
Underutilized data
Blockchains emit an enormous amount of data and indexing it efficiently can become extremely challenging. Without proper handling, data can be overwhelming, obstructing usability and analysis, demanding the need for an effective indexing solution that streamlines data retrieval into a unified view.
Sync speeds
Blockchain networks are constantly evolving and staying in sync with real-time data is crucial. However, traditional syncing methods can be slow and request-heavy, delaying access to historical and real-time data. Slow syncing can also be costly in terms of development time and user experience.
Multichain aggregation
Teams that deploy multichain dApps desire a quick and optimized blockchain indexing solution for aggregating and indexing all the multichain data into a single accessible database. The alternative of setting up multiple infrastructure components for multichain indexing creates additional operational overheads.
Development hurdles
Developing and hosting your own indexing infrastructure can be a monumental task, requiring specialized skills which take up significant development resources. Blockchain developers require cost-effective infrastructure tools that abstract away the complexities of managing hosted infrastructure and automate much of the set up process to simplify the overall development lifecycle.
Troubleshooting
When indexing goes wrong, and it can, identifying and resolving issues swiftly is a must. Troubleshooting can be time-consuming with poor error logging and slow sync speeds.
Users don’t see runtime errors, they see bad apps.
This can lead to users involuntarily churning toward competitor products. Some indexing solutions offer integrated testing frameworks to increase confidence before deployment.
Exploring Envio as blockchain indexing solution
Multichain blockchain indexers like Envio don’t just acknowledge these challenges, it conquers them. With its blazingly fast sync speeds, automatic code generation, GraphQL integration, multichain EVM compatibility, cost-effective hosting service, and support for JavaScript, TypeScript, and ReScript projects, Envio transforms blockchain indexing into a frictionless developer experience.
About Envio
Envio is a fast, developer friendly blockchain indexer and the fastest, most flexible way to get on-chain data, making real-time data accessible for developers across the Web3 ecosystem.
With Envio, developers can query and stream blockchain data efficiently without the complexity of running their own infrastructure. Envio’s blockchain indexing tools supports any EVM network and is trusted by many teams building everything from DeFi platforms to analytics dashboards and production applications.
If you’re a blockchain developer or analyst looking to enhance your workflow, look no further. Join our growing community of Web3 builders and explore our docs.