UNMARSHAL AUTOMATED INDEXING OF NEW PROTOCOLS
Unmarshal is a Multi-chain DeFi Data Network that facilitates seamless access to data on blockchains for any kind of dApps, protocols, aggregators. basically any application that runs on top of blockchains. It’s a platform built by developers, for developers to access the rich, decoded and indexed on-chain data with a single line of code from any blockchain.
Resolving problems and hindrances attached to interacting Blockchain Data within Ethereum, Binance smart Chain, Polkadot, Solana, Algorand, Near and elrond Network has never been made easier. With a decoded and indexed on-chain Data with a single line of code from any Blockchain, Indexing of a new protocol is now made easy.
Unmarshal is a multichannel DeFi Data network aiming to provide infrastructural support to decentralised applications. Using the network nodes, developers can easily integrate end points to query data from different chains, without the need to decode and adapt to their native applications. The indexing protocol organizes all the information on the blockchain enables developers of Ethereum-based applications to more efficiently run their frontend operations.
It also increases accessibility to decentralized applications through public and open APIs called subgraphs. It has been mentioned that the key attribute of Unmarshal enables Multi-chain functionality and facilitate distributed network of Blockchain Indexers making the availability of customised Data from different chains simple and clear.
Automatic indexing being a computerized process of scanning large volume of transactions and Data against controlled vocabulary, taxonomy, thesaurus or ontology and using those controlled terms to quickly and effectively index large electronic instructions on the Blockchain.
Above all, Automated indexes will store reference Transactions and additional information on the Blockchain and basically accept news chained Transactions automatically. Thereby, leading us to DeFi protocols which are basically autonomous programs that have been tailored for addressing specific setbacks in the traditional finance sector. More than half of the world’s population does not have access to a bank account, and DeFi protocols aim to change it through;
• Identifying new protocols; To be added to the blockchain, each block must contain the answer to a complex mathematical problem created using an irreversible cryptographic hash function. The node that solves the mathematical problem acquires the right to place the next block on the chain and broadcast it to the network.
•Automated indexing of every new protocol; By monitoring the top blockchain projects in the industry, the Crypto-10 Index is widely considered as the benchmark cryptocurrency index for the cryptocurrency the crypto market. By tracking this index, global investors can quickly gauge the volatility and sentiment of the overall cryptocurrency market automatically.
Conclusively, Unmarshal Automated indexing plan is made possible through Hyperledger which is an open-source project that aims to create a suite of tools for enterprises to deploy Blockchain technologies quickly and effectively. Multichain, Enterprise, Ethereum, Corda, Quorum are also types of already existing blockchain protocols.