Covalent Continues Focus on Scaling Ethereum by Partnering with ConsenSys’ Linea
March 28, 2023
Covalent, a Web3 data provider trusted by a community of 40,000+ developers and powering data for 5,000+ applications, announced today a partnership with ConsenSys’ Linea Goerli testnet to continue supporting the growth and development of the Ethereum blockchain. Zero-knowledge (zk) blockchain technology is a pioneering tool used to scale Ethereum, and this collaboration provides Covalent’s community of Web3 developers and analysts with previously unavailable access to data and trends existing within Linea Goerli.
“zkEVM solutions enable developers to build Ethereum with enhanced speed, efficiency, and security – and bringing data accessibility and verifiability to Linea through our Unified API is a promising avenue to help continue the upwards trajectory of Web3 innovation,” said Ganesh Swami, CEO and co-founder of Covalent. “Partnering with Linea is an exciting opportunity for our community and is a critical stepping stone in our mission to support the booming Ethereum ecosystem.”
Covalent’s long-standing focus on scaling the Ethereum blockchain stems from the connection between blockchain scalability and mass adoption – empowering the future of Web3 development requires the deepest visibility into billions of blockchain data points. As developers access more user data and uncover budding trends with Covalent, they will have the tools and resources to build projects offering users real-world utility and value.
“Since inception, ConsenSys has operated towards the goal of scaling the Ethereum ecosystem. This is not only achieved through the development of innovative products like Linea but also through strategic partnerships with other leading projects in the space like Covalent that share our mission” said Declan Fox, Product Lead at ConsenSys.
Covalent’s data collection process ensures low latency for the most up-to-date information retrieval, tremendous breadth spanning 90+ blockchains and alternative sources (app-chains, L2s, etc), and impressive depth – ensuring all data is analyzed from the genesis block and beyond. Leveraging these findings to unlock the power of Web3 data and provide users with the highest-quality analytics remains in great demand by protocols, institutions, and dApp developers.
To learn more about Covalent visit covalenthq.com or follow @Covalent_HQ on Twitter.
Covalent provides the industry-leading Unified API bringing visibility to billions of Web3 data points. Developers and analysts use Covalent to build exciting multi-chain applications like crypto wallets, NFT galleries, and investor dashboard tools utilizing data from 111 + blockchains. Covalent is trusted by a community of 40,000+ developers and powers data for 5,000+ applications, including 0x, Zerion, Rainbow Wallet, Rotki, Bitski, and many others.