SINGAPORE, June 22, 2023 (GLOBE NEWSWIRE) — Chain stack, the leading suite of services connecting developers to Web3 infrastructure, has announced the launch of their Global Elastic Nodes, a Web3 infrastructure solution built to ensure unprecedented performance, reliability and flexibility for developers. With this launch, Chainstack continues to strengthen its platform and build the most complete environment for developers to build on Web3.
Global Elastic Nodes are a load-balancing solution that directs API requests to the nearest location, maximizing responsiveness and reliability and achieving greater than 99.95% availability for the service. Because the load balancer can switch between nodes or geographic locations if they are under stress, failure, or slowdown, developers can deliver powerful user experiences without interruptions. Applications benefit from improved overall performance, lower disconnect rates, and the lowest latency possible, regardless of the user’s location.
For example, if a trader is connected to a trading platform and the node is located in New York while the trader is located in Oregon, there may be a delay in executing trades as the application would experience significant latency. However, with Global Elastic Nodes, developers of the trading platform can ensure that users can trade instantly by routing the connection to the closest Oregon location or area, eliminating potential lag in the application.
Global Elastic Nodes will launch with support for Ethereum, with all remaining protocols on the platform being rolled out gradually. With this launch, developers have more freedom to easily choose between the Regional service, where they can deploy one to several nodes per region to serve a specific area, or the Global service, where the load balancer can automatically switch between nodes or geographic locations to serve global or multi-regional operations. They also have access to a wide variety of cloud providers and locations.
“The launch of our Global Elastic Nodes marks a major step forward in enabling developers to build on Web3 with unprecedented reliability,” said Eugene Aseev, Founder and CTO at Chainstack. “With Global Elastic Nodes, developers can expect industry-leading performance that enables them to reach the next level in decentralized application development. We have been working on a state-of-the-art solution and have optimized our pricing to ensure that the community can take full advantage in the future.”
Optimized Pricing: Predictability and flexibility for developers
As part of the Global Elastic Nodes launch, Chainstack is introducing Request Units (RU) into its billing, a new optimized pricing structure that provides a single, unified quota that developers will ever need. With the introduction of RU in billing, Chainstack offers a cost-effective approach by billing based on Request Units rather than individual requests, the simplest pricing structure in all of Web3. This makes Chainstack the only provider on the market to offer every method and API call at the same flat rate, providing developers with guaranteed transparency and predictable billing. The all-inclusive quota covers Archive, Full, Global, Regional services and Subgraphs, enabling customers to make informed decisions about their usage. The Request Units in the billing provide developers with updated pricing for additional usage and combine the quotas for Archive and Full node requests, which also include the Subgraphs service.
Chainstack provides fast, reliable, and easy-to-use infrastructure solutions distributed globally, enabling thousands of companies to reduce time-to-market, cost, and risk associated with creating and scaling decentralized applications. Chainstack is trusted by Polygon, 1inch, TheGraph, Chainlink, Trust Wallet and others, and currently supports a fast-growing community of over 80,000 developers.
More information about Global Elastic Nodes can be found here hereand about the optimized prices here.
Chain stack is the leading suite of services that connects developers to the Web3 infrastructure. Chainstack provides fast, reliable, and easy-to-use infrastructure solutions distributed globally, enabling thousands of companies to reduce time-to-market, cost, and risk associated with creating and scaling decentralized applications. Chainstack provides unified access to multi-chain node and data APIs, distributed compute and storage, identity management and security testing, and the ever-expanding list of services and tools to build great applications for all of the major Web3 protocols. Chainstack’s enterprise-grade platform offers an intuitive developer experience, proven reliability, predictable pricing, and excellent customer support. Chainstack is trusted by Polygon, 1inch, TheGraph, Chainlink, Trust Wallet and others, and currently supports a fast-growing community of over 80,000 developers. For more information, go to https://chainstack.com/