Blockchain + Web3 is revolutionary, but what is limiting their potential to change the world are the challenges involved in indexing and accessing data on the blockchain itself. @ZettaBlockHQ aims to address this issue.
• Has a #Web3 startup team that operates globally
• The team is led by two experienced co-founders, Scott Shi and Chi Zhang
🔸Scott Shi (@scottshics)
• Has over a decade of expertise in engineering
• Worked at companies like @Uber, @salesforce & EA
🔸 Chi Zhang
• Was a product manager at @databricks
• Holds a PhD from @UCBerkeley
• Experience in building data and #AI products
• Proven track record of supporting data-driven
organizations
👉The origin story behind ZettaBlock
• Saw a significant gap in the market
• While #blockchain technology and #Web3 have immense potential, currently, there are challenges in indexing and accessing data on the blockchain
• This presents a limitation to fully utilizing the potential of Web3 and #blockchain.
• Started the project with a mission to develop innovative solutions that can efficiently index and access data on the blockchain so as to unlock the potential of #Web3 data runpath
• ZettaBlock provides tools + solutions that enable the efficient management and utilization of #blockchain data
• Team hopes to contribute to the growth & development of the #Web3 ecosystem
👉 What is ZettaBlock in a nutshell?
• An enterprise-grade full-stack #Web3 infrastructure for indexing and analytics, joining on-chain and off-chain data
• Provides users with a comprehensive development toolkit, including Query Builder, API Builder, API Detailed Page, Charts, Dashboards, Data Connectors, and Webhooks
• Helps #Web3 companies to build data-dedicated products
👉What is the unique selling proposition of ZettaBlock?
1. Zero Infra Overhead - Save time and >90% of annual costs 2. Full-stack - Provides a unified data platform with streaming, OLTP indexing, OLAP analytics, visualization architecture & hundreds of blockchain datasets
3. Flexibility - Anyone can build their own GraphQL APIs and SQL with custom transformation logic needs 4. Real-time - Customized API with 10ms response time and sub-second data freshness and high throughput handled
5. Data Unification - Seamlessly obtain any decoded on-chain data, combining it with your own off-chain data 6. Scalable - Easily join petabyte-scale data with SQL 7. Reliable - Ensures near-perfect system uptimes (99.99%) to support real-time, data-intensive apps
👉Why use ZettaBlock if we already built subgraphs?
• Comparing ZettaBlock to decentralized query engine solutions like The Graph, there are 4 major differences:
• Better performance
🔹 High availability: ZettaBlock provides 99.99% availabilities, 20x better than subgraphs.
🔹 Fast indexing ETL: ZettaBlock could process 1 million rows in a few mins, 1000x faster than subgraphs.
🔹 API latency: ZettaBlock API's latency is ~20ms, 20x faster than subgraphs.
• On-/ off-chain data silo. Data scattered across different platforms, protocols, and formats (e.g. on-chain time-series, off-chain tabular, document & blob, etc).
• Security risk. Extremely easy to hack the subgraph and manipulate query results.
• Built-in analytics and visualizations. Beyond indexing, users can write arbitrary SQL for analytics and charts directly, thanks to ZettaBlock's data lake.
👉Are there different user account tiers for people with different user needs?
• 3 plans: Free, Build, and Enterprise plans
• For the free plan, there are 3 million free compute units for one account per month
• For the build plan, costs $49 per month, with 20 million compute units and more useful functions
• More details on the different tier plans will be released soon
👉Use case for ZettaBlock
• One of ZettaBlock’s customers is @0xPolygon
• Built Polygon’s internal dashboards to enable the Polygon data team to monitor the entire network and ecosystem
• Also helped to build the public-facing API that allows Polygon users and developers to have access to real-time statistics and application data on the blockchain
👉 What is the intended skill level for a user to use ZettaBlock?
• Very easy to use
• To do the data query, basic SQL is all you need to know. After that, the results can easily be turned into GraphQL API by clicking some buttons
• #GraphQL language is also easy to pick up
👉What is the data that ZettaBlock can provide?
1. Raw/Decoded data - blocks, transactions, logs and traces 2. Raw and decoded data are merged and supported under the raw data tags (see above) as of 2nd Dec 2022
3. Metadata Tables - erc20, nft_tokens, includes names, ids, symbols, decimals 4. Off-chain Abstraction data - token prices 5. Core event data - erc721.ERC721_evt_Transfer, erc20.ERC20_evt_Transfer, erc1155.ERC1155_evt_TransferSingle
6. dApp specific data - such as opensea.WyvernExchange_evt_OrdersMatched, opensea.WyvernExchange_call_atomicMatch_ 7. DEX - pools, swaps, liquidity actions 8. NFT - mints, trades overall and by marketplace
👉Can queries and APIs be saved on the platform and shared with others?
• Yes, a user can create queries and API, then share it with the whole community
• One can also fork other user’s API and customize
👉Can datasets generated through ZettaBlock be exported as CSV files?
• Yes, a user can export the query results
• Results can be turned into different charts to build your own data dashboard
👉Can developers start using ZettaBlock now?
• For individual developers, ZettaBlock is still under development and testing
• The team is going to launch their community user program to give permission to creative developers to build on ZettaBlock
👉Interesting events in the near term and the long term
• Had just finished their first developer bounty
• All developers will be able to apply to use ZettaBlock by filling out the application form
He discusses anthropology, Web3 and other subcultures, and many other interesting topics with @chaserchapman in this episode of On The Other Side 👇
Background
🔹 An anthropologist
🔹 Is an artist
🔹 A DAO contributor
🔹 Has a Substack, but it’s not really a newsletter, but a cultural report
Substack
🔹 It’s more an anthropological collection of a subculture
🔹 Trying to record the why and the what behind the different projects
🔹 Important to have a bird’s eye view to see the connections
🔹 Is an obsessively curious person. Have always been searching for cool stuff
Today, I'll be sharing the book highlights of @peterthiel's Zero to One. Peter Thiel is a serial entrepreneur who helped to start up many companies, like @PayPal and @PalantirTech, and invested in Facebook.
If he has something to say about startups, I want to know. Read on 👇
There are 2 kinds of progress:
• Horizontal (1 to n)
• Vertically (0 to 1)
E.g. Horizontal progress is about getting existing products distributed to more places (globalization), while vertical progress is about coming up with new products (tech).
From the book's title, you should be able to deduce which is the better kind of progress. Going from zero to one will be hard, but the rewards will be way better than going from 1 to many.
👉 Look for companies that go from 0 to 1 instead of 1 to n.
🔹 People remember the year for all the terrible stuff that happened
🔹 Important to remember the positive events too (e.g. the merge)
🔹 The merge is a transaction inclusion time decrease
🔹 Have multiple zk-EVM implementations that will have a mainnet launch in 2023
🔹 @signinwitheth has seen massive gains in adoption
🔹 Cryptocurrency payments worked during the invasion of Ukraine
🔹 Have always recommended @KeePassXC or @Bitwarden:
🔸 KeePassXC: A completely offline tool. Reserved for extreme scenarios
🔸 Bitwarden: A secure password manager that synchronizes your password database across multiple devices
Now
🔹 Online password managers have advanced quite a bit
🔹 Every reputable password manager encrypts everything on your machine before it goes into the database
🔹 Does not recommend LastPass, 1Password, Dashlane
🔹 For people new to password managers, he recommends Bitwarden
🔹 A hard-capped, scarce asset that is used to pay gas fees
🔹 Secures the #blockchain through dPoS staking
🔹 Has a similar halving model like #BTC
🔹 Staking generates rewards for users 💰