1inch Launches Web3 RPC API for Blockchain Developers
Date: 2024-07-09 Author: Oliver Abernathy Categories: BLOCKCHAIN
1inch Labs has introduced a new tool for working with blockchain - Web3 RPC API. This service provides efficient RPC interaction with the network, eliminating the need for developers to run their own nodes. This solution is now available on the 1inch developer portal.
1inch Labs has added the Web3 RPC API to its portal, expanding the list of tools available to Web3 developers. According to project representatives, this solution is designed to simplify the tasks performed by wallets, decentralized applications (dApps) and other Web3 projects. It supports interaction with smart contracts, transferring funds and receiving data from the blockchain.
Ensuring Reliable RPC Communication
According to 1inch Labs, transactions on the blockchain are traditionally carried out using nodes. Developers have to either deploy their own nodes or connect to others via remote procedure call (RPC). 1inch Labs' Web3 RPC API provides reliable RPC communication without the need for developers to run their own nodes. “We can guarantee that our RPC service for Web3 developers will be secure and reliable,” 1inch said.
1inch Labs has listed the key benefits of the new Web3 RPC API for developers:
- Maximum uptime: Internal node health checks and load balancing ensure stable operation.
- High load tolerance: Web3 RPC API supports high network load without compromising performance.
- Multi-blockchain support: The solution supports 10 EVM networks, making it universal for various projects.
The Web3 RPC API can be integrated into various types of projects that interact with EVM networks, including dApps, decentralized exchanges, and trading bots. This is the latest addition to the family of innovative and powerful Web3 APIs offered by the 1inch developer portal.
History and Mission 1inch
1inch is a DeFi project that provides users with various blockchain products and solutions such as 1inch Swap, 1inch Wallet, 1inch Portfolio and 1inch Developer Portal. The Developer Portal was launched in 2023 with the goal of offering developers fast, efficient and cost-effective software solutions for creating Web3 products. These solutions have been rigorously tested on 1inch's own products since 2019, ensuring their reliability and performance.
The launch of the Web3 RPC API from 1inch Labs is an important step towards simplifying and improving the work experience for Web3 developers. With the new tool, developers can focus on creating innovative solutions without worrying about the technical complexities associated with running and maintaining their own nodes.
