DLT Adoption: PARSIQ to Leverage Potential of Data Lakes for Enhanced Blockchain Data Processing with SDK

PARSIQ is pleased to introduce their SDK, a toolkit “to harness the potential of Data Lakes for comprehensive blockchain data processing.”

Data Lakes serve as “a custom, application-specific data layer for filtering, aggregation, and analysis of blockchain-scale data contained in the Tsunami data store.”

This SDK provides “the general infrastructure for querying Tsunami, maintaining historical data, and transparently handling blockchain reorganizations as well as various configuration options, allowing you to adjust the runtime behavior to the specific needs of your application.”

With PARSIQ SDK, you can “collect, organize, and interpret data from distributed ledgers, transforming raw information into actionable intelligence.”

At the heart of the SDK “lies the state storage mechanism, a robust system that manages both real-time and historical data with ease.”

Leveraging PostgreSQL tables, the SDK reportedly “allows seamless storage of entity values and mutations, streamlining data retrieval and analysis.” The state storage module ensures that you “have the necessary data at your fingertips, facilitating smooth interactions with the blockchain data.”

Configurable for Optimal Performance

PARSIQ says they “understand that each use case is unique, and that’s why customization is key with our SDK. It offers an array of configuration options, from environment variables to command-line options, allowing you to fine-tune your Data Lake for optimal performance.”

Tailor your setup “to suit specific use cases and data processing requirements, ensuring that you get the most relevant and valuable insights from your blockchain data.”

The SDK reportedly “supports two main types of Data Lakes — sequential and parallel. Sequential data lakes are well-suited for low-latency computations with an evolving state, especially when data volumes are not too large.”

For large-scale data processing needs, the SDK “supports parallel data lakes.” This feature enables multiple runner instances “to work efficiently and safely in concert, ensuring seamless handling of vast amounts of data.” If you are dealing “with extensive transaction volumes, the parallel data lakes feature has you covered.”

As covered, PARSIQ claims it is “a full-suite data network for building the backend of all Web3 dApps & protocols.”

The Tsunami API “provides blockchain protocols and their clients (e.g. protocol-oriented dApps) with real-time and historical data querying abilities.”

Data Lake APIs “allow complex data querying & filtering for any project; specifically designed and tailored for our customers’ blockchain data needs.”

Supported chains: Ethereum, Polygon, BNB Chain, Avalanche, Arbitrum & Metis + more to come

For more details, check here.

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