Social media giant Twitter makes further inroads into the NFT world thanks to QuickNode

2 years ago

While initially it was conscionable large fiscal entities — specified arsenic PayPal, Square, Microstrategy, amongst galore others — dipping their toes into the blockchain scene, present we person players from a big of different realms besides making their beingness felt crossed these markets. For example, earlier successful 2021, Twitter announced to the satellite that it was going to let its users to extremity its contented creators via the usage of respective antithetic integer assets (including Bitcoin and Ethereum).

Similarly, earlier this year, it came to light that the societal media behemoth was fostering its in-house crypto squad by onboarding caller endowment successful an effort to bolster its rapidly expanding creator system arsenic good arsenic research a big of caller domains including rank tokens, DAOs, and overmuch more

Twitter adopts NFTs with the assistance of QuickNode

Staying successful enactment with its crypto-centric vision, Twitter announced recently that it has integrated a non-fungible token (NFT) illustration representation diagnostic connected its TwitterBlue platform, a subscription mentation of the microblogging and societal networking work — with the full cognition being helmed by QuickNode, a Web3 developer level that allows users to physique & standard blockchain-powered applications (dApps) seamlessly.

QuickNode, successful its astir basal sense, is simply a task that enables non crypto, blockchain-focused companies to motorboat their precise ain nodes (with a planetary web of RPC endpoints) crossed a full of 10+ blockchains — including Solana, Ethereum, Bitcoin, Polygon, etc — with the interaction of a button. Providing his thoughts connected the supra stated development, Alexander Nabutovsky, co-founder of QuickNode, opined:

“While request for QuickNode’s level arsenic a supplier of blockchain infrastructure continues to instrumentality disconnected arsenic much companies look to follow blockchain arsenic portion of their merchandise strategy, we’re excited to spouse with platforms specified arsenic Twitter to present enactment for features similar their precocious launched NFT Profile Pictures. Through this caller feature, we’ll assistance supply a means successful which radical connected Twitter tin amusement disconnected the NFTs they ain and beryllium a portion of its thriving community”

For position sake, it is worthy noting that the NFT marketplace has grown exponentially implicit the past 12 unusual months, with blimpish estimates noting that the combined marketplace headdress of the assemblage easy surged past the $40 cardinal mark implicit the people of 2021 alone. Not lone that, determination are galore studies that suggest this burgeoning assemblage volition continue to grow astatine a compound yearly maturation complaint (CAGR) of 39.6% implicit the coming decade.

Quicknode is improving Solana, here’s how

There’s nary denying that the champion performing crypto plus of the twelvemonth gone by has been Solana, and rightly so. The task tin beryllium thought of arsenic a crypto computing ecosystem that seeks to execute precocious transaction speeds without sacrificing cardinal aspects specified arsenic transparency and decentralization. As a effect of its astonishing technological proposition, the task was capable to grounds gains successful excess of 2,500% implicit 2021.

That said, portion connected insubstantial Solana is capable to grip implicit 65,000 transactions per second, its existing end-user infrastructure does not let dApps to reap specified monumental speeds, instead, astir users study an mean tps complaint of 1,000 transactions. In this regard, Quicknode recently revealed via a marque caller whitepaper that it had been palmy successful deploying a purpose-written publication (available connected Github) truthful arsenic to trim Solana’s web latency from 126.67 sclerosis to an astonishing 15.36 ms.

Not lone that, QuickNode’s endpoint was besides capable to showcase a important artifact tallness vantage implicit its competitors, signaling a artifact clip vantage of implicit 50 minutes, a monolithic betterment successful Solana’s autochthonal capabilities, to accidental the least.

Looking ahead

With Solana being touted arsenic a tangible, semipermanent alternate to Ethereum, it is of utmost value that immoderate of its existing operational creases (such those related to its latency problems, transaction throughput, etc) beryllium ironed retired rapidly —  particularly arsenic much and much users proceed to follow the platform. Thus, it volition beryllium absorbing to spot however things playout for the task from present connected end.

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