Base Usage Increases in 2024, Surpassing Other Popular Networks

Introduced by Coinbase in early 2023, Base positions itself as a perfect solution for blockchain developers. It has low gas fees, while its transaction facilities are very high, enabling developers to scale their apps safely. Base’s total value locked (TVL) reaches $5.8B. Thanks to its developer-friendly interface, active community, and thorough documentation, it’s easy to build on.

According to GetBlock, in the second quarter of 2024, Base became one of the Top 10 blockchains on the platform, surpassing such popular solutions as Optimism and Arbitrum. Moreover, DappRadar, a large dApp database, shows that Base is the second-largest Ethereum L2 platform, being surpassed only by Arbitrum.

No wonder that Base RPC nodes are so popular now. New Ethereum L2 solutions are perfect for the next generation of Web3 applications that are scalable, accessible, and easy to develop. Along with Base, which has become the most popular L2 framework, GetBlock also features Linea, Blast, and opBNB blockchains.

How GetBlock Helps Developers Use Best Blockchain Networks

Being one of the top RPC node providers, GetBlock constantly updates its list of available blockchains, enabling its users to deploy the best solutions. The recent implementation of opBNB and Blast nodes is an example of this growth. Both of these networks offer low gas fees and various bonuses for developers.

It offers 40,000 free blockchain requests per day, at a maximum rate of 60 requests per second. Paid plans start from $29/month for shared nodes with 200+ requests per second, and from $600/month for dedicated nodes with unlimited speed and requests. Lastly, enterprise solutions are available for large companies to scale their Web3 exchanges, games, and other projects.

All its nodes have 99.99% uptime and technical support is available in case of any inconveniences with request sending and receiving.

Here’s what you need to know:

With the new Subscriptions model, customers gain access to requests based on the active subscription duration, ranging from 1 to 12 months. Each subscription tier offers a different number of requests, catering to varied needs, from 5 to nearly 800 million requests for unlimited plans.

Should a user exhaust their requests before the subscription period ends, extra requests can be seamlessly purchased. Subscription activation can be conveniently paid via credit card, with recurring payments featuring a 3-day grace period. Additionally, customers have the option to make one-time payments in cryptocurrency via Coinbase.

No longer do GetBlock customers need to worry about their dApps running out of requests, as automated recurring payments ensure seamless subscription renewal. Unused requests roll over to the next subscription period, and users can monitor their active subscriptions and requests through the user dashboard.

This innovation not only makes infrastructure spending more agile and predictable but also heralds the launch of a new offering, boasting 100 million requests, under the Subscription model.

Special Offer: Enjoy Up to 50% Off Your First Subscription

To celebrate the debut of the Subscriptions scheme, GetBlock presents two limited-time offers. Until April 30, 2024, users can avail themselves of a 50% discount on the first “Pay-Per-Requests” subscription or a 30% discount on the Unlimited subscription, now offering 300 requests per second bandwidth.

As always, longer subscriptions come with more attractive pricing, with discounts ranging from 5% for a three-month subscription to 20% for a 12-month subscription.

Arseniy Voitenko, CEO of GetBlock, emphasizes that this pricing overhaul was driven by user feedback:

“Our latest pricing model upgrade, replacing Packages with Subscriptions, was developed with user requirements in mind. This fresh scheme not only offers enhanced flexibility but also lays the groundwork for upcoming services.”

To ensure a seamless transition, GetBlock offers a three-month Legacy Plan migration roadmap. While new users and free plan customers are automatically redirected to the Subscriptions dashboard, legacy users with active requests can continue using them for three months.

Securing Your First Subscription: A Step-by-Step Guide

We’ve made the migration process as smooth as possible. Here’s what you need to do:

For new users: Your account is set up for the Subscriptions model. Simply create tokens, top up your account with crypto or fiat, and embark on your journey in Web3. For existing users: To continue using our service post-upgrade, ensure you have an active subscription and sufficient request balance for limited plans. If your subscription expires or your balance is insufficient, our system attempts renewal in three days before freezing requests on inactive subscriptions. Note that only fiat payments are recurring; for crypto payments, you must manually top up your balance. That’s all there is to it! Head over to GetBlock, claim your discount, and enjoy premium RPC nodes during the bull run!

Stay tuned for more updates from the GetBlock team.

Best regards,

The GetBlock Team

ETH Bucharest is set to be a pivotal event in the blockchain space, taking place from March 27 to March 30, 2024. The conference aims to shape the future of Ethereum by connecting builders, innovators, and thought leaders from around the globe. It provides a platform for collaboration, innovation, and the exchange of ideas to drive the evolution of Ethereum. The event will cover various key topics within the blockchain realm, including privacy solutions, business innovation, finance disruption through DeFi and asset tokenization, governance models such as DAOs, digital ownership including NFTs and the metaverse, and strategies for broader blockchain accessibility and user adoption​​​​​​.

Speakers at ETH Bucharest include prominent figures in the blockchain and Ethereum community, such as Mihai Alisie, a co-founder of Ethereum and founder of AKASHA; Paul Brody, the Global Blockchain Leader at EY; and many other experts and innovators who are at the forefront of blockchain technology and its applications​​.

This partnership between GetBlock and ETH Bucharest underscores the growing importance of community collaborations in the blockchain ecosystem. GetBlock is enabling more individuals to engage with the latest developments and thought leadership within the Ethereum community. Attendees can look forward to a range of activities, including workshops, discussions, and networking opportunities, all designed to foster innovation and drive the future of Ethereum forward.

For more information about ETH Bucharest and to take advantage of the 30% contact @JoanGetBlock.

ETH Denver stands out as a beacon for blockchain professionals, developers, and enthusiasts, offering a rich environment for collaboration, learning, and exploration of the latest in Ethereum and decentralized technology. The conference’s community-centric ethos resonates with our own values at GetBlock, where we strive to support and enhance the blockchain ecosystem.

Our team is looking forward to connecting with the vibrant community at ETH Denver. We’re passionate about making blockchain more accessible and are eager to share our insights and solutions with fellow innovators at the conference.

As participants, we at GetBlock are excited to demonstrate our cutting-edge node provision services and API, designed to simplify blockchain integration for developers and businesses. Our presence at ETH Denver is an opportunity for us to engage with the community, understand their needs, and discuss how our services can support the development of groundbreaking decentralized applications.

ETH Denver is more than just a conference; it’s a catalyst for growth, innovation, and collaboration within the blockchain sector. Our involvement signifies GetBlock’s dedication to contributing to this dynamic ecosystem. We are enthusiastic about the conversations, ideas, and partnerships that will emerge from this gathering of industry leaders and visionaries.

The GetBlock team is gearing up for an inspiring experience at ETH Denver. We are poised to share our expertise, learn from others, and play an active role in shaping the future of blockchain technology. The conference promises to be a pivotal moment for both GetBlock and the wider blockchain community, and we can’t wait to be a part of it.

Typically, blockchain wallets interact with networks through standard RPC endpoints. For example, MetaMask uses Infura’s APIs for Ethereum connections. However, during high-demand periods, these default solutions can lead to slow performance due to network congestion.

To combat this, GetBlock is enabling its users to upgrade their wallets with dedicated Starknet nodes. Users simply need to register with GetBlock, activate their Starknet RPC endpoints at no cost, and integrate these endpoints into their blockchain wallets.

Setting up is straightforward and quick: GetBlock simplifies the process by not requiring email or credit card information, offering MetaMask authorization instead.

As per the announcement from Starknet Foundation on February 14, the airdrop's initial phase commences on February 20, with 1.8 billion STRK tokens set to be distributed among over 1.3 million qualified early adopters, contributors, and community advocates.

GetBlock Continues Support for Airdrop Enthusiasts with RPS Solutions Starknet stands out as a highly sophisticated L2 solution atop Ethereum, utilizing a Validity (zero-knowledge) rollup to enhance Ethereum mainnet's efficiency and transaction security.

Guide to Integrating Custom RPC into Your Starknet Wallet Adding GetBlock RPC endpoints to a Starknet wallet is straightforward and requires only a basic understanding of Web3.

• Users must log in to GetBlock, authenticate using email or MetaMask, and navigate to the dashboard.

• In the endpoints section, select Starknet protocol, choose Mainnet for the network type, and JSON-RPC for the API interface.

• After clicking Get, users receive a private GetBlock RPC endpoint URL which can then be added to the Starknet wallet designated for claiming STRK tokens. For example, in Argent X, a leading Starknet wallet, custom RPC endpoints are added through Settings → Developer settings → Manage Networks. This integration ensures your wallet communicates with the blockchain via a private channel, avoiding competition for network resources with other STRK claimants.

GetBlock, a pioneer in blockchain RPC node services, applauds Starknet Foundation for its significant stride towards decentralization and enhanced Ethereum scalability. We are committed to assisting in the journey towards rapid and economical dApp development.

Starting from November 23, 2023, all shared and dedicated nodes packages by GetBlock will be offered with a 20% discount.

As such, GetBlock allows crypto apps to save 20% on limited and unlimited packages on both programmable (Ethereum, BNB Smart Chain, Polygon) and non-programmable (Bitcoin, Dogecoin) blockchains. New and existing clients are invited to enjoy the exclusive promo campaign.

The Black Friday 2023 offer is also active for new blockchains. In October, 2023, GetBlock added support for zkSync, Starknet, Base, and Linea RPC nodes.

Black Friday promo discount can be combined with regular progressive discount on 3-, 6-, 9- and 12-month plans. For instance, GetBlock offers one month of full dedicated node usage for $600, but customers of a 12-month plan only pay $480 per month. During Black Friday this premium package - which is a smart bet on the eve of bullish recovery - is available for $384 per month.

To participate in a massive promo, customers should only create an account, sign in and choose the package to purchase. Users can choose shared nodes, private nodes, and enterprise packages during Black Friday 2023. The offer is valid until Monday, Nov.27.

Referral program unlocks new income opportunities

Besides the 20% discount, customers can get an extra bonus for participation in the affiliate program. GetBlock’s affiliates can get up to 20% of their referrals’ fees. Unique affiliate links can be claimed in GetBlock accounts.

On GetBlock, users can supercharge their dApps with seamless, cost-efficient and high-performance access to 55+ blockchains and networks. GetBlock supports WebSockets, JSON RPC, GraphQL, and gRPC interfaces for flexible and powerful connection.

For enhanced security and customizability, GetBlock initiated migration to access tokens as a way to authorize API endpoints usage. Customers can claim access tokens until February 1, 2023.

About GetBlock

Launched in Q4, 2019, award-winning GetBlock is one of the largest blockchain infrastructure providers. It offers RPC nodes of 55+ blockchains including the likes of Ethereum, Bitcoin, Polygon, BNB Smart Chain and L2 networks Optimism and Arbitrum.

With GetBlock, teams of crypto applications don’t need to run their own blockchain nodes: instead, they can get connected to blockchains via ready-made API endpoints. To meet the requirements of various dApps, GetBlock offers free and paid packages.

For media inquiries please contact: joan@getblock.io    (Joan Williams, Head of Marketing)

For more information please visit: https://getblock.io/

For updates, please follow:

Twitter: https://twitter.com/getblockio

Reddit: https://www.reddit.com/user/getblockio

In this exploration, we'll dissect the leading Ethereum clients and walk you through the setup process of these nodes. Along the way, we'll demystify the concept of nodes and wrap up by recommending the optimal crypto nodes to run for a seamless crypto experience.

Exploring Ethereum Clients: Key Features and Highlights in 2023

Ethereum operates as a decentralized network, relying on an extensive web of nodes, each equipped with client software to execute vital functions.

• These clients play a pivotal role in the blockchain ecosystem, overseeing diverse operations such as transaction processing, smart contract execution, and the seamless deployment of decentralized applications (dApps).

• Various groups develop this software using distinct programming languages, with Geth, Nethermind, and Besu emerging as leaders in the Ethereum clients realm in 2023.

• Choosing the right Ethereum-running software is a matter of personal preference. However, statistical data highlights Geth as the frontrunner in this regard.

Join us as we conduct an in-depth analysis of these leading options, guiding you towards an informed choice in this frontier.

Decoding Ethereum Clients: Understanding Their Significance in the Crypto Universe

When we delve into the functioning of the ETH network, we discover a complex system comprising numerous components, with clients positioned at its core. In the realm of blockchain technology, a "client" denotes software designed to enable connectivity and interaction with a blockchain network. Simultaneously, it enforces protocol rules across participating nodes.

In simpler terms, clients operate on a unified protocol, ensuring that nodes adhere to the established rules of the "game," regardless of the specific software utilized by individual node operators.

Unlike Bitcoin, which predominantly relies on a single robust implementation with limited popularity for alternative clients, Ethereum embraces a diverse array of competing software written in various programming languages. This diversity of multiple client versions enhances the ecosystem's resilience and diversity, thereby promoting the overall health of the network.

Ethereum nodes explained

The primary goal of client software is to transform a high-performance PC into a node, enabling seamless peer-to-peer communication with thousands of other machines on the network. These nodes meticulously monitor blockchain activity and ensure the dissemination of information across all network nodes.

RELATED: What are Blockchain Nodes and Why Are They Crucial for Crypto?

To delve into specifics, different node types bear unique responsibilities:

1. Archive Nodes: These nodes have the capability to trace back to the initial blocks, providing data about the network's state at that early stage. Archive nodes demand extensive storage, holding the complete, unabridged version of the ledger spanning terabytes.

2. Full Nodes: Full nodes maintain local, complete copies of all the latest blocks, allowing them to verify transactions promptly. Unlike archive nodes, full nodes typically don't store older states to prevent overloading storage capacity.

3. Light Nodes: Light nodes function with compressed, 'zipped' versions of blocks, unpacking detailed data only when specifically requested.

When setting up a client, users have the flexibility to specify their preferred node type. Most existing software options accommodate this customization, allowing users to tailor their node setup according to their requirements.

Why run a node?

Opting to operate a node signifies an active contribution to network integrity and independence, granting users significant advantages within the Ethereum ecosystem. Besides providing direct support to the network, running an Ethereum node offers real-time access to unfiltered blockchain data.

For developers of blockchain services and products, accessing the Ethereum mainnet and its test networks, including the recently launched Holesky testnet, holds immense value for three key reasons:

• Transaction Delivery and Verification: Developers can send transactions to the ETH network and independently verify on-chain data, ensuring secure and transparent transactions.

• Smart Contract Development and Testing: Ethereum nodes allow developers to create and test smart contracts, deploying them onto the blockchain for real-world application and functionality testing.

• Decentralized Application Interactivity: Nodes enable the establishment of interactivity between decentralized applications and the blockchain network, fostering a seamless user experience.

Participation in this community of node operators is open to everyone; however, meeting Ethereum's node requirements presents an escalating challenge, making this endeavor increasingly demanding.

Navigating the top 3 Ethereum clients

Geth Ethereum client

Geth, supported by the Ethereum Foundation, stands as a leading choice, ensuring a seamless node experience.

What is Geth?

Geth, short for Go-Ethereum, represents the Go implementation of the Ethereum protocol. Praised for its stability and optimized performance on low-power hardware, this client has earned favor among users. Notably, BNB Smart Chain (BSC) also relies on Geth as its primary client software.

Geth Client Features

Geth offers a diverse array of features, from built-in key management to the ability to establish private networks without connecting to every peer. The recent addition of Snap synchronization mode, now a default option, significantly reduces the time needed to catch up with the rest of the network. Despite comparisons with OpenEthereum, which was deprecated in 2021, Geth stands as the oldest and most battle-tested software for running nodes, owing to its extensive user base.

Nethermind: Advancing Ethereum Nodes

Nethermind, another notable client, continues to evolve with support from the Ethereum Foundation.

What is Nethermind and its Key Feature?

Nethermind is the C# version of an Ethereum node client, valued for its user-friendly interface and customizable features. The development team actively introduces new elements, including a dedicated dashboard for effortless node health monitoring and the Paprika tool, facilitating efficient resolution of storage constraints. According to the Client Diversity website, Nethermind is the second most utilized software in the Ethereum space, positioning itself as the fastest among available clients.

Besu: Empowering Enterprises in the Ethereum Realm

Hyperledger Besu, a respected name in the blockchain industry, offers its client to both the public and enterprises.

What is Besu?

Besu, powered by Java, serves as a client for running Ethereum nodes. It has carved a niche by providing highly secure closed "permissioned" networks, although it also supports participation in the public ETH mainnet.

Key Features

One standout feature of Besu is automated pruning, optimizing disk space without manual intervention. The active engagement of the Besu community in enhancing the codebase adds to its credibility. Enterprises and prominent crypto companies adopting Besu further validate its robustness and reliability as underlying software.

How to run Geth full node

As of the fourth quarter of 2023, nearly 85% of nodes within the Ethereum networks operate on Geth. Although such a high concentration on a single client is viewed as potentially detrimental to the ecosystem's diversity, this collective user allegiance speaks volumes about Geth's reliability.

For individuals keen on establishing a node using Geth, the process involves a few straightforward steps, which we'll outline briefly below. It's important to note that, as per official documentation, Geth does not currently offer a light node for ETH Proof-of-Stake participants.

• Obtain the Geth Package:

  Start by acquiring the Geth package from the official website or use the preferred package manager through the terminal.

  Linux: sudo apt install ethereum

  macOS:

  brew tap ethereum/ethereum

  brew install ethereum

Provided you have downloaded Go on your computer, you can also clone the repository and compile it locally from the source code.

• Specify Synchronization Mode:

     Run the Geth full node and specify the synchronization mode, which determines the      amount of information your node will store and verify. If not specified, Geth will      automatically default to the snap sync option. Use the following command to initiate      a full node:

geth --syncmode full

• Integrate Compatible Consensus Client:

     Geth splits consensus and execution clients post-merge in Ethereum. Consensus      clients handle validator-related algorithms and propagate information, while      execution engines run code and process smart contracts. To run a node using Geth,      it's crucial to concurrently operate a compatible consensus client such as Prysm,      Teku, or Lighthouse when setting up a full node.

• Allow Time for Node Syncing:

     Be prepared to wait for several days as your node seeks peers and fetches all the      blocks. Once this process is complete, the main setup is done. For more detailed      guidance, consult the official tutorial. You can issue commands to the node using an      integrated JavaScript console or Web3 libraries if there is no built-in Geth GUI.

Geth vs GetBlock Ethereum RPC:

Running a client offers a way to establish your presence in the decentralized landscape and provides a self-maintained infrastructure for dApp development. However, it's crucial to weigh the pros and cons before making a commitment.

Much like driving a car requires training, setting up a Geth full node might pose challenges for non-technical users. While the initial setup is relatively straightforward, troubleshooting issues could be complex. Additionally, potential Ethereum upgrades might increase hardware requirements, making it less feasible for home operators.

Node service providers like GetBlock offer an alternative solution, liberating users from the complexities and costs of hardware and maintenance. Moreover, the dedicated support team is readily available to address queries, ensuring a seamless entry into the world of Ethereum nodes.

If this approach appeals to you, consider setting up an account with MetaMask and take the first step toward simplified and guided access to GetBlock's nodes, which power over 50 blockchains.

Wrapping up

Ethereum is distinguished not only as the most decentralized and secure protocol but also as an ecosystem offering abundant choices and flexibility. By fostering competition among software developers, the network empowers users to select the ideal Ethereum client tailored to their requirements. Each client may have unique optimizations and trade-offs, allowing users the freedom to pick the one aligning most closely with their needs.

If you're seeking a swift path to establish connectivity with  ETH nodes, consider exploring the simplicity and efficiency of  GetBlock's service. With us, you can experience a seamless connection without the hassle of intricate setup processes. Your gateway to a smoother blockchain experience is just a few clicks away.

Best Ethereum clients 2023: FAQ

Welcome to our Frequently Asked Questions (FAQ) section, where we address the most common queries related to the topic at hand.

What are Ethereum clients?

Ethereum clients refer to software designed specifically for Ethereum. Upon installation, these clients empower local computers to download and store the network database while allowing users to send requests to the blockchain. By using such software, a regular PC transforms into a crypto node, becoming an active participant in the expansive ETH network.

How do Ethereum clients differ from each other?

Ethereum clients differentiate themselves based on various factors such as supported tools, performance optimization, security features, and the extent of community adoption. Each client may prioritize different aspects, such as faster synchronization processing or supporting the latest improvement proposals (EIPs), catering to diverse user needs and preferences.

What is Geth, and why is it considered one of the best Ethereum clients in 2023?

Geth stands out as a widely embraced and highly regarded Ethereum client. Its reputation for unwavering stability, impressive performance, and the dynamic contributions from its community developers make it a standout choice. Additionally, Geth's roadmap, which outlines continuous updates and enhancements, positions it as a compelling and forward-looking option for users.

What are the hardware requirements for running a full Ethereum node?

The hardware requirements for operating a full Ethereum node can be somewhat flexible and depend on several factors, including the chosen client, current network activity, and desired node performance. It is crucial to prioritize a robust multi-core processor, an ample amount of RAM, and substantial storage capacity to ensure optimal node functionality. These hardware components are essential for a seamless and efficient operation of the Ethereum node.

Summary: Starting October 24, GetBlock is upgrading its authentication system by replacing API keys with advanced and highly secure access tokens. This enhancement minimizes the risk of MITM attacks through obfuscated endpoints and empowers users to swiftly roll or delete compromised tokens. Existing users are urged to claim their access tokens manually via their GetBlock accounts and integrate them promptly, as API key support will be discontinued by February 1, 2024.

A Revolutionary Shift: GetBlock Transitions to Access Tokens on October 24, Enhancing Security and Usability

Exciting News! GetBlock is on the verge of introducing a groundbreaking customer identification model. The longstanding API keys, a staple since our platform's inception in 2019, will soon be replaced by access tokens. This transition promises heightened security, superior connection management, and enriched statistical insights.

Chances are, you're already acquainted with access tokens, widely employed across various Web2 and Web3 services. These tokens serve as versatile, resource-efficient credentials, authorizing users or systems to access specific resources or perform designated actions. Get ready for a seamless and enhanced experience!

In essence, access tokens serve as a straightforward means to verify the identity of users or systems and confirm their authorization for the intended actions. It's as simple as that!

At GetBlock, we've opted for access tokens as a crucial step in our ambitious plans for security and expansion. Put simply, we've moved beyond outdated authentication methods and are introducing new tools designed with both safety and scalability at their core. This upgrade not only enhances our security measures but also lays the foundation for exploring new geographical regions for our APIs and enabling token sharing functionality. Exciting times lie ahead!

Minimizing Vulnerabilities: Enhancing Security with Access Tokens

Exploring the Changes: Get to Know the Benefits of Access Tokens Introduced in October 2023

Token Leakage? No Problem Anymore

Access tokens empower GetBlock users to swiftly recover from potential attacks, mitigating losses faster than ever before.

Before: Compromised API keys forced victims to recreate projects entirely. GetBlock provided a single API key for all blockchains, meaning if your Ethereum endpoint was leaked, you had to reassess all connections across various blockchains. Attackers could exploit shared node endpoints using just one API key.

After: Victims can effortlessly roll the leaked token, rendering the old access token useless upon deactivation.

Prevent Request Drainage by Hackers

The potential leak of an access token is far less perilous compared to the compromise of API endpoint addresses.

Before: Attackers could monitor traffic across all blockchains by observing endpoint addresses since users manually set up routing.

After: Endpoint routing is concealed within the access token. Attackers encounter nothing but an encrypted alphanumeric address, rendering it useless to them.

See for Yourself:

Old Endpoint: https://btc.getblock.io//mainnet/

New Endpoint: https://go.getblock.io//

Empowerment in Your Hands:

With access tokens, GetBlock users now enjoy enhanced account customization options, surpassing previous capabilities.

Before: Utilized one API endpoint for all blockchains within a project; intricate management processes.

After: Introducing advanced configurations: working with access tokens while coding becomes seamless. Each token grants access to a specific route to the chain, a designated network (testnet/mainnet), and a unique API interface. Moreover, users have the flexibility to claim multiple access tokens for various blockchains as needed.

Deeper Insights, Informed Decisions:

The introduction of access tokens elevates the analytical capabilities of our statistics dashboard, enabling the generation of more comprehensive usage reports.

Before: Basic analytical tools catering to mainstream use-cases.

After: Unveiling an advanced suite of filters, methods, and parameters tailored for high-level analytical research and strategic decision-making. The new statistics framework aggregates all traffic from specific accounts, eliminating the need to track individual projects or API keys separately. Users can even access isolated statistics for a specific access token, including detailed insights such as error codes and rate limit rejections.

Discover the Seamless Migration to Access Tokens in Just a Few Clicks!

Are you ready to embrace the enhanced security and convenience of access tokens? Here's how to make the transition effortlessly:

1. For existing users : you should initiate the migration to new endpoints authorized with access tokens and replace the old ones in the code of your dApps. Just visit the “Migration required (Active endpoints)” menu in your account, and follow the manual. No worries: old API keys will be valid until Feb.1, 2024.

2. For new users: in your dashboard, you need to just choose the name of the chain (Bitcoin, Ethereum), the type of chain (mainnet/testnet), the type of API interface (JSON RPC, WebSockets), and claim the token. No further action needed.

The migration deadline is Feb. 1, 2024, but we encourage you to unlock the new GetBlock experience at your earliest convenience. Starting Feb. 1, we bid farewell to API keys, a system we've relied on for over four years.

Join us for an exclusive look at the upgrade in action! Attend our official demo hosted by Dmitrii Petrov, GetBlock’s Senior Technical Product Manager, on Oct. 25, 2023:

Here's to progress and a smooth transition, GetBlock community! Enjoy your seamless upgrade experience!

In this blog post, we will delve into the fundamentals of crafting NFT art for sale. Additionally, we will delve into the technical intricacies of designing smart contracts, catering to those interested in a deeper engagement with NFTs.

NFTs Guide: Key Points

NFTs, or non-fungible tokens, are exclusive digital assets, each possessing unique value and ownership, guaranteed by blockchain technology.

• Non-fungible tokens, representing diverse content from visuals to real-world items, are powered and safeguarded by smart contracts.

• Crafting NFTs requires expertise in decentralized storage, selecting a suitable blockchain, establishing an NFT-compatible wallet, and opting for the right trading platform.

• Although Ethereum is the prominent blockchain for NFTs, alternatives like Polygon, Solana, BNB Chain, and ImmutableX offer excellent choices.

• While some NFT platforms enable easy creation and listing without coding skills, they offer limited control over smart contracts and storage.

• Advanced users can opt for custom smart contracts, ensuring superior control and transparency throughout the minting process.

Before delving into the specifics of creating NFT art, let's explore the distinctive traits of non-fungible tokens.

What are NFTs and Why Are They Valued?

The term 'non-fungible token,' abbreviated as NFT, provides a clear understanding of the concept. Essentially, it is a token issued on a blockchain that can be traded and transferred. However, unlike fungible tokens that can be exchanged without loss in value, each NFT is unique and cryptographically linked to its owner.

The convergence of artistry and code transforms digital assets into valuable possessions, primarily due to these key features:

• Scarcity: NFTs derive their value from being distinct from any other asset of the same kind, a uniqueness embedded within a smart contract registered on the blockchain.

• On-chain provenance: NFTs, supported by the blockchain, boast a permanent and easily verified record of their journey from one owner to another. While anyone can save an image or media content and put it up for sale on platforms like OpenSea, it holds no value without being able to authenticate its ownership.

NFTs can encompass various forms, including static images, visuals, audio, text content, or even real-world objects such as concert tickets, branded merchandise, or real estate rights.

How Non-Fungible Tokens Operate

NFTs stand out due to the underlying blockchain technology, a network that securely records information in an immutable manner, making alterations or forgeries impossible.

Smart contracts play a pivotal role, outlining predefined functions that dictate permissible actions related to NFTs. Upon selling the token, the contract triggers the registration of the buyer as the new owner. The code also includes links to the location where the image is stored.

Once the smart contract is initialized, the token is officially minted, settling on the blockchain, and becomes tradable and transferable. Every interaction with an NFT is governed by code rather than intermediaries, ensuring transparency and security in the process.

Creating an NFT: Preliminary Steps

If you have a vision you want to share with the world, great! If not, drawing inspiration from successful artists or even seeking help from AI can be incredibly motivating. Here are some essential steps to ensure a seamless experience for beginners venturing into the world of NFTs:

• Secure Decentralized Storage:

  For the longevity of your NFT content, opt for decentralized storage solutions like IPFS instead of conventional services such as Google Cloud or Amazon buckets. Store an actual image or file to generate an 'ipfs://' link and metadata in .js format, containing the visual link and a detailed description for your future NFT.

• Choose the Right Blockchain:

  Your choice of blockchain impacts the fees associated with transforming your digital art into NFTs. Consider the blockchain's existing audience eagerly anticipating new collections. Also, prioritize the reputation of the chain as a secure protocol. Ethereum stands out in this regard, accounting for over 80% of NFTs despite higher gas fees and slower processing.

• Set Up an NFT Wallet:

  Acquire an NFT-enabled crypto wallet compatible with your chosen blockchain. MetaMask is a popular choice among crypto enthusiasts. Ensure your wallet is funded with cryptocurrency in advance to cover gas fees for listing and trading your freshly minted non-fungible tokens.

Creating and Selling NFTs on OpenSea: A Beginner's Guide

For those venturing into the world of NFTs without a background in coding, platforms like OpenSea offer an accessible entry point. If you're keen on launching an NFT project armed only with your artwork and a MetaMask wallet, platforms like OpenSea, which provide minting services, are perfect for experimentation.

The process of crafting an NFT token on OpenSea is incredibly straightforward. All you need to do is link your wallet to the website. Once connected, you can create an entire collection or individual assets by filling out a simple form. Once this step is completed, you can proceed to list your digital asset by clicking 'List for Sale.'

A notable advantage of OpenSea is that it allows users to mint individual NFTs without incurring any service or gas fees. However, it's essential to note that network fees and platform commissions are applicable during the listing stage.

However, the ease of minting on OpenSea comes with a trade-off. By utilizing the platform's smart contracts, you relinquish control over the storage location of your files and data. Additionally, there are no guarantees regarding the security of these contracts, which is an important consideration.

Creating your own NFT smart contract

If you have some Solidity knowledge and want more control and transparency over your NFT creation process, you can create your own self-curated smart contracts. This method is recommended for advanced users.

To create non-fungible tokens (NFTs) for Ethereum, Polygon, or any other EVM-compatible chain, we will use the OpenZeppelin library and Remix to compile and deploy our code to the blockchain. Additionally, GetBlock's Ethereum RPC endpoints will provide free access to blockchain data and nodes.

Here are the steps to create your own NFT smart contract:

• Open the Contract Wizard by OpenZeppelin and select the ERC-721 option. Enter the name and symbol for your NFT.

• Fill in the 'Base URI' field with an IPFS link that stores the metadata for your NFT in JavaScript format. Select the features you want for your asset.

• Click the 'Open in Remix' button to transfer your contract to an online developer environment.

• You can now modify the code and customize it according to your requirements. Typically, basic NFT contracts require some changes.

Set the maximum supply and minting price:

Under the safeMint() function the following modifications are also needed:

Then, we should be able to withdraw funds from our contract by adding a function as shown below:

• Go to the 'Solidity Compiler' section in the sidebar and ensure that the compiler version matches the one specified in the code. Compile the contract by saving the file or clicking the corresponding button.

• Once the contract is finalized, it's ready for deployment. To ensure a smooth deployment process without using real ETH, we will use Ethereum's Sepolia testnet.

To set GetBlock as the provider and connect to the blockchain where the NFT will be minted, follow these steps:

• Create a GetBlock account and obtain a free endpoint for your desired network

• Add a new network to MetaMask using the acquired RPC link.

• Switch to the 'Deploy & Run Transactions' section in the sidebar and configure the environment by selecting 'Injected Provider - MetaMask'. If the network you added in the previous step is active on MetaMask, Remix will connect automatically.

Make sure your MetaMask account has sufficient funds to cover gas fees. If you're using a testnet, you can try using faucets to receive free test ethers for your on-chain experiments.

• Click 'Deploy' and confirm the transaction from the MetaMask wallet extension.

That's it! Your newly created NFT will be visible on your testnets.opensea.io account or on the main OpenSea website if you're using the mainnet.

Closing Remarks

In the digital era, NFTs present thrilling prospects for artists, developers, and creators. Emphasizing the quality and distinctiveness of your content is paramount, alongside staying abreast of the ever-changing NFT landscape and assessing the enduring value of your digital assets.

Have you established your GetBlock account? With a single click using MetaMask, you can access the seamless and dependable blockchain infrastructure we provide. Whether you're a developer, entrepreneur, or blockchain enthusiast, GetBlock is committed to bolstering your endeavors every step of the way.

NFT Creation FAQ: Your Queries Answered

Here, you'll find responses to some of the most common questions beginners have about creating NFTs.

What are NFTs and why are they important?

NFTs, or non-fungible tokens, are unique tokens residing on the blockchain. They hold immense value as they introduce innovative ways to establish ownership of digital content, transforming the landscape for creators in the digital realm.

How do I create my own NFT?

Creating your first NFT is accessible to everyone, thanks to marketplaces that offer free minting services. While this method simplifies the process for beginners, advanced creators often prefer managing their own smart contracts, a more complex yet transparent approach.

How do I sell my NFT?

To sell your non-fungible token, it's crucial to select a reputable NFT marketplace. All you need is an account on your chosen platform and a cryptocurrency wallet to list your NFTs for sale effectively.

What are some best practices for creating NFTs?

In addition to producing high-quality, collectible content, it's essential to employ decentralized storage and adopt a robust strategy for marketing and securing your assets. These practices ensure the optimal creation and presentation of your NFTs in the digital space.

The development of non-fungible tokens (NFTs), which are unique virtual collectibles verified on the blockchain, stands out as one of the most remarkable and ambitious applications of blockchain technology. To streamline the creation of NFTs, developers have established standardized procedures.

For Ethereum and other blockchain networks utilizing the Ethereum Virtual Machine (EVM), ERC-721 and ERC-1155 have emerged as the predominant NFT standards. In this comprehensive analysis, GetBlock compares these two standards, outlining their advantages and disadvantages.

Exploring NFT Standards: ERC-721 and ERC-1155 Key Features

Similar to other Ethereum Request for Comments (ERC) standards, ERC-721 and ERC-1155 are widely recognized frameworks for minting tokens on Ethereum. They are employed to create both non-fungible and semi-fungible tokens.

• ERC-721 and ERC-1155: These acronyms stand for "Ethereum Requests for Comment" and denote the prevalent NFT standards applicable not only to Ethereum but also to numerous Ethereum Virtual Machine (EVM) blockchains like Polygon, BSC, and Arbitrum.

• Standardized Creation: Both ERC-721 and ERC-1155 delineate the standardized process for generating non-fungible tokens within blockchain networks.

• Historical Context: ERC-721 was introduced in late 2017 by Dapper Labs, the creators of CryptoKitties, a pioneering mainstream commercial NFT project. In Q2 of 2018, ERC-1155 was conceptualized by Witek Radomski, the co-founder, and CTO of Enjin Coin, a leading blockchain dedicated to NFTs.

• Key Differences: While ERC-721 and ERC-1155 share similarities, ERC-1155 introduces enhanced functionalities. Smart contracts under ERC-1155 can support diverse functions. Moreover, ERC-1155 tokens can be transferred in batches, enabling multiple tokens to be wrapped within a single transaction.

• Semi-Fungible Tokens: Notably, ERC-1155 can be employed for semi-fungible tokens and incorporates a "safe transfer" mode, facilitating transaction reversals.

As of 2023, both standards are widely utilized in NFT marketplaces, gaming platforms, and metaverse decentralized applications (dApps) across Ethereum-like blockchains.

Understanding NFTs:

Non-fungible tokens (NFTs) are unique cryptocurrency tokens that cannot be interchanged with one another. Unlike fungible tokens, which can be easily swapped on a one-to-one basis, each NFT possesses distinct characteristics and is securely recorded on a specific blockchain through cryptographic contracts.

• Fungible Tokens: The majority of cryptocurrency tokens, such as USDT stablecoins, Bitcoin (BTC), and Ethereum (ETH), are fungible. This means that 1 unit of a token is identical in value to another unit of the same token, regardless of the issuing blockchain.

• Non-Fungible Tokens: NFTs, on the other hand, are exceptional in that each token is unique. These tokens can be associated with specific content like videos, images, texts, and more. Due to their distinct features, NFTs, such as Bored Ape Yacht Club #1111 and Bored Ape Yacht Club #2222, cannot be exchanged on a one-to-one basis since they are inherently different and verifiable.

The popularity of NFTs surged between 2020 and 2021. Initially, many NFTs represented digital collectibles, often characterized by primitive artworks. Notable NFT collections during this period included Crypto Punks (“Punks”), Bored Ape Yacht Club (“Apes”), Mutant Ape Yacht Clubs (“Mutants”), and Azukis, which captured significant attention and hype within the NFT market.

Understanding ERC in Web3 Development:

In the realm of Web3 development, ERC stands for Ethereum Request for Comments, representing a standardized approach for creating tokens within the Ethereum ecosystem and other blockchains utilizing the Ethereum Virtual Machine (EVM).

In essence, rather than reinventing tokens from scratch repeatedly, Ethereum developers reached a consensus on a uniform procedure for token creation. This standardization ensures consistency and efficiency across token development processes.

On a broader scale, ERCs are integral components of EIPs, known as Ethereum Improvement Proposals. These proposals serve as recommendations for advancing Ethereum networks. For instance, EIP-20, defining the standard for EVM-based cryptocurrencies, laid the foundation for ERC-20 tokens, marking a significant milestone in the evolution of token standards within the Ethereum ecosystem. Similar progressions have been made with subsequent EIPs and their corresponding ERCs.

While there are plenty of token standards for Ethereum (ETH), ERC-20 and ERC-721 remain the most widespread standards.

Understanding ERC-721:

ERC-721 is a crucial Ethereum (ETH) token standard that revolutionized the concept of non-fungible tokens (NFTs). Proposed in 2017 by Dapper Labs, the creative force behind CryptoKitties, the first widely recognized mainstream NFT project, ERC-721 introduced a groundbreaking framework.

The primary focus of ERC-721 was to preserve the uniqueness of each token, preventing replication and ensuring the transparent recording of ownership history. Unlike fungible tokens, ERC-721 tokens are distinct entities, each with its own unique value and characteristics. This distinctiveness was safeguarded, allowing anyone to verify ownership histories through public platforms like Etherscan.

Designed for seamless transfer between on-chain wallets, akin to ERC-20 tokens, ERC-721 tokens are easily traceable to specific owners. Their transparent supply mechanism ensures clarity regarding the quantity of tokens in circulation.

Most NFTs serve as digitized certificates of ownership for various forms of content, including images, videos, photos, in-game assets, and more. Imagine an ERC-721 contract representing a tokenized version of the GetBlock logo, embodying a unique digital asset with distinctive ownership properties.

In general, ERC-721 is the most widespread NFT standard suitable for basic speculative, entertainment, GameFi, and Play-to-Earn use-cases.

Understanding ERC-1155:

ERC-1155 stands as another pivotal token standard designed for non-fungible assets. Introduced in 2018 by Witek Radomski, the CTO of Enjin Protocol, ERC-1155 was born out of the need for a versatile token standard that combined both fungible and non-fungible token features.

The unique aspect of ERC-1155 lies in its ability to represent "semi-unique" assets, a feature particularly valuable in on-chain games. Picture it akin to general admission tickets for specific concerts: these tokens aren't tied to exact seats (exhibiting a "fungible" quality) but cannot be exchanged for tickets to a different concert (displaying a "non-fungible" characteristic). ERC-1155 tokens allow the transfer of assets in batches, enhancing efficiency. Moreover, they support the "safe transfer" option, providing the capability to reverse cryptocurrency transfers sent to incorrect addresses, ensuring a level of security and flexibility in transactions.

ERC-721 vs ERC-1155: A Neutral Comparison

Let's delve into a fair comparison of the technical features, utility aspects, and security designs inherent in ERC-721 and ERC-1155 tokens.

ERC-721 vs ERC-1155: Fundamental Concepts

In essence, both ERC-721 and ERC-1155 serve as cryptocurrency token standards within the Ethereum and EVM ecosystem blockchains. Their primary purpose is addressing the issue of fungibility, ensuring the uniqueness of each crypto token. Both standards are commonly associated with non-fungible tokens (NFTs).

However, it's crucial to recognize the nuanced differences between ERC-721 and ERC-1155 regarding their approach to fungibility. ERC-721 stands as the standard for "classic" NFTs, where each token is inherently unique and cannot be exchanged for other tokens.

On the contrary, ERC-1155 offers a more flexible approach. It caters to semi-fungible tokens, blending the functionalities of ERC-721 and ERC-20 (fully fungible) assets. ERC-1155 can also be converted into non-fungible assets, a capability not present in ERC-721.

ERC-1155: The "Multi Token Standard"

Often referred to as the "Multi Token Standard," ERC-1155 is capable of representing both fungible tokens (similar to ERC-20) and non-fungible tokens (similar to ERC-721) within a single smart contract. It essentially expands upon ERC-721, offering a richer array of functions.

ERC-721 vs ERC-1155: Technological Advancements and Security

ERC-1155 introduces innovative features to enhance functionality. Notably, it supports "batch transfers," enabling multiple tokens to be transferred in a single transaction. This significantly improves gas efficiency, as only one gas fee is incurred, unlike ERC-721, where each transfer necessitates a separate fee.

Additionally, ERC-1155 employs a different metadata approach. While ERC-721 assigns individual metadata to each token, ERC-1155 allows large groups of tokens to share metadata. This feature proves invaluable for minting and transferring semi-fungible tokens.

Moreover, ERC-1155 supports native batch functions like balanceOfBatch and safeBatchTransferFrom, streamlining operations involving multiple tokens. It adopts a Uniform Resource Identifier (URI) pattern, allowing token metadata definition either on-chain or off-chain (in IPFS), offering versatility in metadata management.

ERC-721 vs ERC-1155: Diverse Applications

The technical disparities between ERC-721 and ERC-1155 have paved the way for diverse applications in the realms of GameFi, trading, Play-to-Earn, and more. ERC-721 caters to NFT collections associated with artworks, videos, texts, and images, prioritizing uniqueness over gas efficiency.

Conversely, ERC-1155 finds its significance in GameFi, particularly for in-game assets. It allows seamless transactions of fungible assets within specific games while ensuring they retain their unique attributes. Additionally, ERC-1155 holds potential in applications requiring verified and cryptographically secure documents, certificates, and diplomas, leveraging shared metadata for enhanced authenticity.

As the NFT landscape continues to grow, the utility of ERC-1155 is expected to expand in tandem with increased adoption.

GetBlock: Your Blockchain Solution

GetBlock, a cutting-edge blockchain RPC node provider, serves as a dependable technological foundation for building GameFi and Play-to-Earn applications. With support for 50+ blockchains, high Requests Per Second (RPS), and competitive pricing, GetBlock offers a comprehensive solution through a user-friendly interface.

Don't miss the opportunity to benefit from our 20% bonuses through our affiliate program. Whether you prefer MetaMask or email authentication, sign in today and explore our Web3 infrastructure to empower your projects.

In Conclusion:

In summary, ERC-721 and ERC-1155 stand as two pivotal Ethereum Virtual Machine token standards prominently utilized in the digital collectibles arena. Proposed by Dapper Labs in 2017, ERC-721 laid the foundation, while ERC-1155, introduced by Enjin in 2019, brought forth groundbreaking features.

Notably, ERC-1155 surpasses its predecessor with an array of advanced functions such as safe ("reversible") transfer, batch transfer, and shared metadata. These capabilities empower developers with unprecedented flexibility, ensuring seamless operations, especially when managing diverse and extensive token sets within a single application or platform.

ERC-1155, with its enhanced functionality and efficiency, has emerged as a versatile choice in the realm of digital collectibles, revolutionizing the way we interact with unique tokens in the digital landscape.

ERC-721 vs ERC-1155: Frequently Asked Questions

In this brief FAQ, we will address common queries regarding the technical features and possibilities offered by ERC-721 and ERC-1155 tokens on the Ethereum blockchain.

What are ERC-721 and ERC-1155 tokens?

ERC-721 and ERC-1155 represent the prevailing non-fungible token standards for Ethereum and other programmable blockchains utilizing the Ethereum Virtual Machine. ERC-721, introduced in 2017 by Dapper Labs, paved the way, while ERC-1155, showcased by Enjin in 2019, brought advanced features.

How do ERC-721 and ERC-1155 differ?

In essence, ERC-721 and ERC-1155 employ slightly varied technological architectures. ERC-1155 is a more sophisticated standard: it facilitates "safe transfers," supports batch transfers, and accommodates semi-fungible tokens. Furthermore, it has the capability to convert NFTs into semi-fungible tokens, making it notably versatile.

ERC-721 and ERC-1155: Which one is better?

The choice between ERC-721 and ERC-1155 depends on specific requirements. ERC-1155 is a technologically advanced standard that combines the strengths of ERC-721 and ERC-20. It is resource-efficient, feature-rich, and highly adaptable, making it the preferred choice for many applications.

Are ERC-721 and ERC-1155 tokens scams?

No, both standards are inherently legitimate and have been rigorously tested by the Ethereum community. However, it's crucial to exercise caution, especially in the NFT markets, as they can be susceptible to manipulations and scams. Therefore, prudent trading practices are strongly advised when dealing with ERC-721 and ERC-1155 tokens.

Ethereum Community Conference (EthCC) held in Paris, officially commencing this Monday, July 17, 2023.

Hosted by Ethereum France, the event is set to give a front-and-center platform for the whole crypto community and blockchain developers to exchange valuable insights on the latest technology that helps advance the space. EthCC is returning to Paris this year for four eventful days, with GetBlock as an active participant.

The conference attendees are invited to join the workshop “The Significance of RPC Providers in Optimizing dApp Development” hosted by Sui Builders House Paris where GetBlock’s CBDO George Paliani will share insights about using RPC providers and blockchain development. Scheduled for July 19, the workshop will address the existing infrastructure challenges encountered by dApp developers and provide core solutions to them. Paliani will share the company’s experience in helping developers of all levels of expertise navigate the world of nodes and RPCs.

Everyone interested to see the largest event in the sphere with the eyes of GetBlock is welcome to follow the company’s Twitter GetBlock

ABOUT GETBLOCK

Launched in Q4, 2019, GetBlock is one of the largest blockchain infrastructure providers. It offers RPC nodes of 50+ blockchains including the likes of Ethereum, Bitcoin, Polygon, Solana and L2 networks Optimism and Arbitrum.

With GetBlock, teams of crypto applications don’t need to run their own blockchain nodes: instead, they can get connected to blockchains via ready-made API endpoints. To meet the requirements of various dApps, GetBlock offers free and paid packages.

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For more information please visit: https://getblock.io/
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With our recent update, we have enhanced our range of payment methods across all tariffs, ensuring a more convenient payment process for our users. Additionally, users will now receive timely notifications regarding the status of their packages.

You can now pay for unlimited access directly from your account using various payment options, including credit cards, and enjoy a 20% discount on yearly packages. This pricing flexibility allows us to cater to different types of customers. Whether you prefer paying per request or having unlimited access to shared nodes or deploying dedicated nodes effortlessly, GetBlock has you covered.

Payments on GetBlock

In our efforts to make the purchasing process of RPC endpoints as seamless as possible, we have enhanced the functionality of our user accounts. We now support a variety of fiat payment tools, including:

• credit cards

• Google Pay

• PayPal

• Apple Pay (Safari browser)

• Additionally, we offer cryptocurrency payments through Coinbase Commerce paygate.

payment methods on GetBlock

These payment options are available for both shared and dedicated node packages, and if you prefer, you can still pay via bank transfer with the assistance of our dedicated Customer Support unit.

Furthermore, we have introduced discounted unlimited access packages (6-month and 12-month) in the account dashboard. Users can take advantage of significant discounts on our two largest unlimited packages, saving 10% on the 6-month access plan and 20% on the yearly plan. The longer the package duration you choose, the more cost-effective our services become.

It’s safe to say that this upgrade is a great way to kickstart a new bullish rally and achieve fresh all-time highs, wouldn’t you agree?

Lastly, we want to highlight that you always have the option to deploy a dedicated node for your project. Simply click on the elegant black button in the right column, and you’re ready to go.

These service enhancements are designed to ensure a smoother and more enjoyable experience for all our users. At GetBlock, we are committed to providing top-tier cryptocurrency infrastructure services, and these updates represent our dedication to continuous improvement.

Simplify Node Management with Four Easy Steps and Stay Informed Prepare to be amazed.

Node management can often be a hassle, especially when packages of requests or unlimited access unexpectedly expire. But with GetBlock, those worries are a thing of the past.

Introducing our new and improved notifications module! Say goodbye to downtime and stay informed about your request status at all times.

To set up notifications, simply navigate to the “Account Settings” menu (located at the bottom left, indicated by numbers). Within this menu, select your node type (shared limited, shared unlimited, or dedicated) and choose the specific events you wish to receive notifications for.

For limited packages, select the desired number of requests (ranging from 40,000 to 5,000,000) at which you would like to be alerted. For unlimited packages (both shared and dedicated nodes), choose the notification timeframe.

By default, you will receive alerts when you have 500k and 40k requests remaining, as well as one day before the end of your access period. These default settings ensure that you are always aware of your usage and can take necessary actions in a timely manner.

Simplify Node Management with Four Easy Steps and Stay Informed

Node management can often be a hassle, especially when packages of requests or unlimited access unexpectedly expire. But with GetBlock, those worries are a thing of the past.

Introducing our new and improved notifications module! Say goodbye to downtime and stay informed about your request status at all times.

Notification models on GetBlock

To set up notifications, simply navigate to the “Account Settings” menu (located at the bottom left, indicated by numbers). Within this menu, select your node type (shared limited, shared unlimited, or dedicated) and choose the specific events you wish to receive notifications for.

For limited packages, select the desired number of requests (ranging from 40,000 to 5,000,000) at which you would like to be alerted. For unlimited packages (both shared and dedicated nodes), choose the notification timeframe.

By default, you will receive alerts when you have 500k and 40k requests remaining, as well as one day before the end of your access period. These default settings ensure that you are always aware of your usage and can take necessary actions in a timely manner.

Stay Connected with GetBlock: Alerts via Telegram, E-mail, and Webhooks

At GetBlock, we believe in providing flexible and convenient options for staying connected. That’s why we offer multiple notification channels to ensure you receive alerts in your preferred way.

If you provide us with your email address during the account setup process, you will receive notifications via email. However, we understand that everyone has different preferences, so we offer more than just email notifications.

You can set up notifications through Telegram, our super-friendly Telegram bot. Simply scan the QR code and start communicating with the bot. Once you select this option, you will receive notifications as Telegram messages, keeping you up to date on your account.

notification types

For the blockchain enthusiasts out there, we have an exciting feature: Webhooks! You can now receive automated JSON messages by saving your URL address in the designated field. Keep in mind that your website should respond with a 200 status code to start receiving Webhooks from GetBlock.

Who can benefit from using Webhooks? Primarily, teams will find this feature valuable. Whether you’re a startup, SME, or corporation, you can integrate Webhooks with your Slack space to keep relevant channels informed about request statistics and other important updates.

To summarize, our Q2 2023 upgrade represents a complete overhaul of the core components of our user interaction. We have made GetBlock even more user-friendly, comfortable to use, and feature-rich.

Come build with us.

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Also, make sure to follow us on Twitter for the latest updates and news.

Discover the Top Decentralized Exchanges (DEXes) on Arbitrum: A Seamless and Low-Cost Crypto Trading Experience

Decentralized exchanges (DEXes) and decentralized finance protocols (DeFis) on Arbitrum (ARB) offer a censorship-resistant and low-cost solution for crypto trading, yield farming, and decentralized lending/borrowing. ARB is a second-layer scaling platform for Ethereum that leverages Optimistic Rollups technology to process computations off-chain and reduce mainnet pressure. Launched in August 2021, ARB has attracted over $3.1 billion in locked assets across 250+ dApps. In this review, we’ll highlight the most significant DEXes and DeFis on Arbitrum, including GMX, Radiant, Gains Network, Camelot, and Arbitrum Exchange. Additionally, ARB hosts versions of leading multi-chain ecosystems such as Uniswap, Aave, Sushi, Curve, and Balancer.

While cross-chain heavyweights like Uniswap and Aave will be researched separately, this review will focus on the protocols specifically associated with Arbitrum. Start exploring the top DEXes on Arbitrum for a smart crypto trading bet in 2023.

Understanding Decentralized Cryptocurrency Exchanges (DEXes)

A Decentralized Cryptocurrency Exchange (DEX) is a platform created for exchanging one cryptocurrency to another without intermediaries. Unlike traditional exchanges, DEXes do not rely on centralized storage or wallets for crypto conversion, and all transactions occur on-chain through advanced smart contract designs.

DEX users are not required to create accounts, which makes them an ideal option for those who value privacy. However, DEXes are vulnerable to attacks and price manipulations, and their user interfaces can be difficult for newcomers to navigate.

Overview of the Top 5 Decentralized Exchanges (DEXes) on Arbitrum

The Arbitrum platform hosts numerous active DEXes, providing millions of cryptocurrency traders with a secure and cost-effective trading experience on a daily basis.

GMX Decentralized Exchange Overview

GMX, a decentralized perpetuals exchange, was launched on ARB shortly after the mainnet release in September 2021. Unlike other decentralized exchanges that only support spot positions, GMX offers the opportunity to trade leveraged positions, making it a standout feature. To ensure precise pricing, GMX relies on Chainlink Oracles that aggregate prices from various major exchanges.

The tokenomics of GMX is based on its eponymous governance and utility token, GMX, as well as its LP rewards asset, GMX Liquidity Provider Tokens (GLP). Liquidity providers on GMX earn a share of 70% of all fees generated by the platform.

As of April 2023, GMX is responsible for almost 40% of Arbitrum’s net TVL (total value locked) in its ecosystem. Apart from Arbitrum, GMX also has a version based on Avalanche.

Radiant Capital Decentralized Exchange

Radiant Capital is a leading decentralized lending protocol in the Arbitrum ecosystem, allowing cryptocurrency holders to earn rewards by providing liquidity, including stablecoins like USDT, DAI, and USDC, with reliable APY of 1.96–2.3%.

The platform has issued its core native utility, governance, and rewards token, RDNT, which will only be distributed to liquidity providers starting from its v2 iteration.

In 2023, Radiant Finance is focused on cross-chain development, aiming to accept tokens from various blockchains through its liquidity mechanisms within a single interface.

Gains Network DEX

Gains Network, originally launched on Polygon, has become popular on Arbitrum. It is a one-of-a-kind trading platform that allows leveraged trading of cryptocurrencies, as well as Forex pairs, selected stocks, and commodities, targeting the $7 trillion Forex market. The platform offers up to 1000x leverage and allows users to deposit DAI into the gDAI vault. As of April 2023, the gDAI vault on Gains Network has over $38 million in total value locked. The platform uses the GNS token for its tokenomics.

Camelot DEX on Arbitrum

Camelot DEX is a decentralized exchange built natively on Arbitrum. It enables users to easily convert between different assets and offers liquidity pools for providing liquidity. The platform is powered by the GRAIL token, and users are rewarded in xGRAILs.

In April 2023, Camelot released v2, which features an Algebra-powered AMM and advanced infrastructure. It also includes new tokens such as stETH. For early-stage projects, Camelot offers a decentralized token sale launchpad.

Arbitrum Exchange

Arbitrum Exchange is a cutting-edge DEX for the ARB ecosystem. In addition to on-chain asset conversions and liquidity pools, it features dexVAULTS, farms, decentralized token bridges, and more.

Users can earn rewards in various assets (USDC, ARB, WBTC, WETH) for staking ARX, the native cryptocurrency of Arbitrum Exchange, through its staking module. dexVAULTS are unique auto-compounding investment mechanisms for diversified portfolios.

In addition to DEXes and DeFis specific to Arbitrum, many leading protocols active on different smart contract platforms have also migrated to ARB.

Arbitrum now has its own versions of major protocols such as Uniswap v3, AAVE v3, Sushi, Curve, and Balancer v2. As a result, the L2 scaling solution has become a preferred technology foundation for significant crypto services in the EVM ecosystem.

Analytics of DEXes on Arbitrum

In this section, we’re going to cover some statistics to better understand the progress of the ARB ecosystem and major Arbitrum DEXes.

Arbitrum and GetBlock: Fast RPC APIs for Ethereum’s leading L2

GetBlock, a leading blockchain infrastructure provider, was among the first to activate Arbitrum RPC endpoints, enabling users to easily run Arbitrum DEX, ARB DeFi protocol, or trading bot with our ARB nodes.

Here’s how our clients can access ARB in just a few clicks:

VIDEO TO EMBED: https://www.youtube.com/watch?v=Vny8oM4Tq4g

With GetBlock’s Arbitrum endpoints, there’s no need to run your own node. Try it out and gain an advantage over your competitors in the next rally: https://account.getblock.io/

GetBlock is now offering an affiliate program with no limit on payouts. Starting in mid-April 2023, both new and existing users can easily become GetBlock Affiliates by following a few simple steps.

With the affiliate program, anyone who shares their unique referral link can earn up to 20% of fees paid by their referrals. The minimum payout threshold is set at $50, and once the referral balance reaches this amount, affiliates can immediately withdraw their earnings.

To become a GetBlock referral, users must first log into their account and navigate to the 'Account settings' menu.

From there, they can select the '**‘Affiliate program’ tab **and click the 'Become an Affiliate' button after accepting the Terms and Conditions. Upon doing so, the user will receive an affiliate link to track the performance and payout status of their referrals.

The affiliate partner can view the status and payments of their referrals online in their account. This allows partners to monitor their program performance and easily request payouts with just one click.

Create your account and start earning: https://account.getblock.io/ .

dApps need web 3.0 nodes to function since they don’t have to run their own nodes.

Pocket Network’s node runners provide significant capacity to the network. The need for POKT tokens is spurred by various projects, apps and other services that use the Pocket ecosystem. Buyers of the token can pay regular fiat money to purchase POKT. Additionally, many people buy POKT in order to participate in projects and services that require node capacity.

In 2019, GetBlock launched a service that provides users access to 40+ blockchains. These include testnets and mainnets, which can be used for dedicated or shared nodes. Many different packages are available for GetBlock services, including MetaMask web3 authorization.

Top Blockchain RPC Providers are Tracking clients’ IP addresses

On November 24, a Leading EVM blockchain wallet has stated that it transfers its users' IP addresses to an RPC endpoint provider, Infura. MetaMask uses Infura's API by default.
While Crypto Twitter was outraged by the announcement of the #1 decentralized wallet in Web3, the MetaMask team posted another. It tried to explain that nothing extraordinary happened because the new guidance "did not result in more invasive data collection or data processing, nor were they developed in response to regulatory changes or requirements". But some users decided to switch their RPC provider from Infura to another company immediately.

MetaMask users were surprised to find out that other RPC providers adhered to the same standards. Alchemy, Moralis, and Quicknode also collected users' IP addresses, as well as other types of personal information, according to Chinese crypto media company BlockBeats.

Is it dangerous for users?

It's easy guess why this is dangerous for ordinary cryptocurrency holders and Web3 applications.
First, it exposes DeFi users to surveillance: with this information, any regulator can link a user’s IP address to a transaction. With government agencies cracking down on encrypted user privacy again, this fact must worry Web3 novices and professionals alike. This is inconsistent with the on-chain, non-custodial, decentralized ethos of Web3 applications.

The policy has already led to a censorship campaign at least once: In March 2022, some users in Venezuela and Iran were unable to use the MetaMask and Infura services. These restrictions are even more dangerous for on-chain application teams, as they could expose visitor data for tracking purposes. So the time is ripe to try out the service, which prioritizes customer privacy and anonymity.

Time to Move to an RPC Provider that Doesn’t Sacrifice Your Privacy

GetBlock has never tracked its customers' IP addresses and wallet data. GetBlock is KYC neutral: we do not ask our clients to provide their ID and credit card information, as we are not and need not be a financial institution or similar.
We value your privacy and only collect and store the information necessary to provide our services (see our Privacy Policy for more information). However, GetBlock does not log or store the IP addresses of its users. We do not link IP addresses to our users' identities and/or their wallet addresses, so users remain anonymous. Additionally, GetBlock accepts cryptocurrencies as a payment method. Users do not need to share bank card information to use GetBlock.

We use the Google Analytics service for a better user experience - but this may not allow us to track user activity on our sites. Our users can log into GetBlock using their email address, as this is the most intuitive way for most of them. All of our users who prioritize anonymity have the option to use privacy-oriented email services such as Proton Mail, Tutanota, and other reliable platforms. Therefore, switching to GetBlock is a smart choice for all dApps. Your dApp is always one step ahead when it comes to user privacy and anonymity.

Get access to our nodes now.