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Blockchain API Suppliers – Evaluating Prime Blockchain API Providers

SB Crypto Guru News by SB Crypto Guru News
October 31, 2023
in Web3
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Blockchain API Suppliers – Evaluating Prime Blockchain API Providers


Blockchain API Suppliers – Evaluating Prime Blockchain API Providers

At this time’s article will examine the {industry}’s prime three blockchain API suppliers: Moralis, QuickNode, and Alchemy. For a quick overview, right here’s a desk summarizing the similarities and variations between every blockchain API service: 

BLOCKCHAIN API PROVIDERS COMPARISON CHART

Primarily based on the info within the desk above, Moralis stands out because the industry-leading blockchain API service. The Moralis Blockchain API boasts probably the most intensive vary of companies/sources, helps all main networks, and has a free plan. As such, Moralis gives all the pieces the competitors gives and way more, making it the plain alternative for anybody trying to construct Web3 initiatives!

So, if you wish to construct sooner, smarter, and extra effectively, think about signing up with Moralis. You possibly can arrange an account totally free and instantly harness the total potential of blockchain expertise to propel your initiatives to the subsequent degree!

Overview 

In as we speak’s article, we’ll kick issues off by diving straight into our listing of the perfect blockchain API suppliers. In doing so, we’ll cowl the next three options: 

  1. Moralis
  2. QuickNode
  3. Alchemy

From there, we’ll additionally examine every blockchain API supplier and their respective companies to focus on similarities and variations between them. Lastly, we’ll dive deeper into the Moralis Blockchain API, which stands out because the industry-leading interface for blockchain information. 

Nevertheless, we’ve additionally devoted a couple of sections in the direction of the tip of the article to discover the intricacies of blockchain APIs. In doing so, we clarify what they’re, cowl what to think about when choosing the proper supplier, and discover some outstanding use instances. As such, for those who’re not accustomed to blockchain APIs, think about beginning within the ”What’s a Blockchain API?” part.

Additionally, for those who’re critical about constructing blockchain initiatives, we extremely advocate you take a look at some extra Moralis Web3 information instruments. As an illustration, for those who’re into NFT improvement, you must positively discover the NFT API. With this device, you’ll be able to effortlessly get all NFT tokens owned by a person deal with, fetch ERC-721 on-chain metadata, and way more with solely single strains of code!

Moralis Blockchain API Landing Page

Nonetheless, with out additional ado, let’s dive straight into our listing of the perfect blockchain API suppliers! 

Greatest Blockchain API Suppliers Listing 

There are a number of blockchain API suppliers so that you can select from, and the variety of obtainable companies makes it laborious to search out the perfect one. As such, to make your alternative simpler, we’ve put collectively an inventory of the {industry}’s three most outstanding options: Moralis, QuickNode, and Alchemy!

Within the sections to come back, we’ll introduce you to every of the aforementioned API suppliers and canopy their respective companies for fetching blockchain information. After introducing every blockchain API supplier, we’ll briefly examine them to focus on their strengths and weaknesses. 

So, to start out, let’s look nearer at our prime choose for the {industry}’s greatest blockchain API supplier: Moralis! 

Moralis 

On the prime of our listing, you’ll discover the #1 blockchain API supplier, Moralis. The Moralis Blockchain API is the {industry}’s most scalable, exact, and arranged interface for uncooked and decoded blockchain information. When working with the Blockchain API, constructing decentralized purposes (dapps) and different Web3 initiatives has by no means been simpler! 

The Best-Ranked Blockchain API Provider - Moralis

So, what does the Moralis Blockchain API do?

Listed below are a few of this device’s most outstanding options: 

  • Question Block Knowledge: Question detailed info on particular blocks throughout ten+ EVM-compatible chains.
  • Get Transactions: Entry any pockets’s historic and real-time transactions, organized chronologically by block quantity. 
  • Fetch Inside Transactions: Fetch inner transaction information by block, pockets, or crypto deal with.
  • Uncooked and Decoded Knowledge: Entry information in its rawest type instantly from a blockchain community. Or, go for decoded information primarily based on contract ABIs. 
  • Labels: Interpret transactions with enriched information labeling, together with senders and receiver deal with labels. 
  • Get Block Metrics: Get block metric summaries, together with whole transactions, mints, transfers, and many others.
  • Fetch Logs: Fetch occasions and logs for any contract throughout a number of blockchain networks with ease. 
  • And way more!  

The Moralis Blockchain API is cross-chain appropriate. This implies you’ll be able to seamlessly get blockchain information throughout a number of blockchain networks, together with Ethereum, Polygon, BNB Sensible Chain (BSC), Arbitrum, Avalanche, and plenty of others!

QuickNode 

QuickNode is one other outstanding node and blockchain API supplier. Their blockchain API is named the Core API, and it gives excessive reliability and scalability throughout a number of networks. The Core API provides you a wide range of endpoints that may enable you fetch and combine blockchain information into your Web3 initiatives in a heartbeat. 

Second best API provider - QuickNode

So, what does QuickNode’s Core API do? 

  • Fetch Block Knowledge: With the Core API, you’ll be able to fetch block information, together with fuel used, miner addresses, the hash, and many others. 
  • Get Logs: Get logs by deal with for any good contract throughout a number of blockchain networks. 
  • Archive Knowledge: Entry all historic states of good contract values together with balances of any Web3 pockets or account. 

Just like the Moralis Blockchain API, QuickNode’s Core API additionally helps most main blockchain networks. Some outstanding examples embrace Ethereum, Polygon, BNB Sensible Chain, Arbitrum, Avalanche, and others! 

Alchemy 

The third blockchain API supplier in our listing is Alchemy. Nevertheless, Alchemy does, sadly, not provide a devoted blockchain API. As an alternative, the performance is unfold throughout a number of interfaces specialised for sure chains, together with the Ethereum API, Polygon API, and many others. Nonetheless, with these instruments, you’ll be able to each get and combine blockchain information into your Web3 initiatives. 

Third best API provider for blockchain data - Alchemy

So, what do Alchemy’s blockchain APIs do? 

  • Question Block Knowledge: With Alchemy’s API, you’ll be able to question block information, together with block numbers, block receipts, and many others. 
  • Get Transactions: Get transactions by hash, block quantity, deal with, and so forth.
  • Fetch Uncle Blocks: Fetch uncle blocks by hash and block quantity throughout a number of blockchain networks.

Alchemy blockchain APIs additionally assist a number of blockchain networks, together with Ethereum, Polygon, Optimism, Arbitrum, and others! 

Assessment and Comparability of Blockchain API Suppliers 

With a quick overview of the {industry}’s main blockchain API suppliers, let’s take this part to match them. Within the desk under, we’ve summarized some key similarities and variations between Moralis, QuickNode, and Alchemy: 

BLOCKCHAIN API PROVIDERS COMPARISON CHART
  • Options: When it comes to distinctive options, the Moralis Blockchain API clearly stands out because the {industry}’s premier choice. Whereas all three blockchain API suppliers allow the fundamental performance to fetch information, Moralis additionally gives each uncooked and decoded information, provides deal with labels, permits you to fetch inner transactions, and extra! 
  • Supported Chains: Each Moralis and QuickNode assist all main networks. Consequently, when it comes to protection, these are each legitimate choices. Alchemy can also be appropriate with many chains; nonetheless, it’s lacking assist for some outstanding networks, corresponding to BNB Sensible Chain. 
  • Pricing: The {industry}’s prime blockchain API suppliers have completely different pricing buildings and tiers. Nevertheless, one factor all of them have in widespread is a free starter plan.

General, the blockchain API suppliers featured above are all outstanding decisions for somebody trying to construct Web3 initiatives. Nevertheless, our comparability exhibits that Moralis stands out because the premier blockchain API service, because it gives probably the most options/sources, helps all main blockchains, and gives a free plan! 

As Moralis stands out as the perfect service among the many prime blockchain API suppliers, we’ll discover Moralis additional within the following part! 

Exploring the Greatest Blockchain API Supplier 

The Moralis Blockchain API is the final word service for blockchain information. With this industry-leading interface, you’ll be able to effortlessly get blocks, transactions, inner transactions, logs, block metrics, and way more with solely single strains of code! 

Art image - Exploring the top option among Blockchain API Providers - Moralis

To focus on the capabilities and sources of the Blockchain API, we’ll now briefly cowl three examples of outstanding endpoints: 

  • getBlock(): With the getBlock() endpoint, you’ll be able to seamlessly get the contents of any block primarily based on its hash or block quantity. All you must do is specify the chain and blockNumberOrHash parameters to suit your request: 
const response = await Moralis.EvmApi.block.getBlock({
  "chain": "0x1",
  "blockNumberOrHash": "15863321"
});

The response from calling the endpoint above comprises a bunch of data, together with a timestamp, the miner deal with, fuel used, and way more. Right here’s an instance of what it would appear to be: 

{
  "timestamp": "2021-05-07T11:08:35.000Z",
  "quantity": 12386788,
  "hash": "0x9b559aef7ea858608c2e554246fe4a24287e7aeeb976848df2b9a2531f4b9171",
  "parent_hash": "0x011d1fc45839de975cc55d758943f9f1d204f80a90eb631f3bf064b80d53e045",
  "nonce": "0xedeb2d8fd2b2bdec",
  "sha3_uncles": "0x1dcc4de8dec75d7aab85b567b6ccd41ad312451b948a7413f0a142fd40d49347",
  "logs_bloom": "0xdde5fc46c5d8bcbd58207bc9f267bf43298e23791a326ff02661e99790da9996b3e0dd912c//…,
  "transactions_root": "0xe4c7bf3aff7ad07f9e80d57f7189f0252592fee6321c2a9bd9b09b6ce0690d27",
  "state_root": "0x49e3bfe7b618e27fde8fa08884803a8458b502c6534af69873a3cc926a7c724b",
  "receipts_root": "0x7cf43d7e837284f036cf92c56973f5e27bdd253ca46168fa195a6b07fa719f23",
  "miner": "0xea674fdde714fd979de3edf0f56aa9716b898ec8",
  "problem": "7253857437305950",
  "total_difficulty": "24325637817906576196890",
  "measurement": "61271",
  "extra_data": "0x65746865726d696e652d6575726f70652d7765737433",
  "gas_limit": "14977947",
  "gas_used": "14964688",
  "transaction_count": "252",
   //...
}
  • getTransactions(): The getTransactions() endpoint permits you to effortlessly get the contents of any transaction by its hash. You merely want so as to add chain and transactionHash parameters: 
const response = await Moralis.EvmApi.transaction.getTransaction({
  "chain": "0x1",
  "transactionHash": "0xdc85cb1b75fd09c2f6d001fea4aba83764193cbd7881a1fa8ccde350a5681109"
});

The response from calling the getTransactions() endpoint comprises details about the “to” and “from” addresses (together with labels), the worth of the transaction, logs, and way more. That is an instance of what the response may appear to be: 

{
  "hash": "0x1ed85b3757a6d31d01a4d6677fc52fd3911d649a0af21fe5ca3f886b153773ed",
  "nonce": "1848059",
  "transaction_index": "108",
  "from_address": "0x267be1c1d684f78cb4f6a176c4911b741e4ffdc0",
  "to_address": "0x003dde3494f30d861d063232c6a8c04394b686ff",
  "from_address_label": "Binance 1",
  "to_address_label": "Binance 2",
  "worth": "115580000000000000",
  "fuel": "30000",
  "gas_price": "52500000000",
  //...
}
  • getContractLogs(): With the getContractLogs() endpoint, you’ll be able to seamlessly get logs for any contract and occasion. All you have to do is configure the chain, deal with, and topic0 parameters to suit your question:
const response = await Moralis.EvmApi.occasions.getContractLogs({
  "chain": "0x1",
  "deal with": "0xb47e3cd837dDF8e4c57F05d70Ab865de6e193BBB",
  "topic0": "0xddf252ad1be2c89b69c2b068fc378daa952ba7f163c4a11628f55a4df523b3ef"
});

In return for calling the endpoint above, you’ll get all of the contract logs primarily based on the required parameters. Be aware that you may change and add extra matter parameters to configure your request even additional. Nonetheless, right here’s an instance of what the response may appear to be: 

{
  "page_size": 100,
  "web page": 1,
  "cursor": "eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJjaGFpbiI6ImV0aCIsImNoYWluX25hbWUiOiJtYWlubmV0Iiwic3ViZG9tYWluIjpudWxsL//...",
  "consequence": [
    {
      "transaction_hash": "0xd844f047fa36b3f5e82a57ff8178a2aaf1c449fe1e8e08e1234a82f5faab9b48",
      "address": "0xb47e3cd837ddf8e4c57f05d70ab865de6e193bbb",
      "block_timestamp": "2023-10-30T04:00:59.000Z",
      "block_number": "18460459",
      "block_hash": "0x56dcb9f4e1cb92933847d53dc0420eac5de664228eb726bd5d76c575a80af84f",
      "data": "0x0000000000000000000000000000000000000000000000000000000000000001",
      "topic0": "0xddf252ad1be2c89b69c2b068fc378daa952ba7f163c4a11628f55a4df523b3ef",
      "topic1": "0x0000000000000000000000004793e0f93d853c988f63de4685f53a45810e17f5",
      "topic2": "0x00000000000000000000000096596d922cdc82df9b1b021ee02ec572bb494997",
      "topic3": null,
      "transaction_index": 143,
      "log_index": 430
    },
    //...
  ]

Study extra about this in our getLogs article. 

Should you’d wish to study extra in regards to the Moralis Blockchain API and this device’s varied endpoints and sources, take a look at the official Blockchain API documentation! 

What’s a Blockchain API? 

To reply the query, ”What’s a blockchain API?”, let’s begin by briefly breaking down what APIs entail in a Web3 context! 

A Web3 API (utility programming interface) is a algorithm, protocols, and strategies that let you seamlessly combine Web3 performance into your initiatives and work together with varied networks. As such, an API primarily gives a structured strategy to entry information and carry out particular actions associated to blockchain networks like Ethereum, Polygon, and BNB Sensible Chain. 

So, what precisely is a blockchain API? 

Art image showing components of a blockchain API - Also showing code examples

A blockchain API is an interface particularly used for fetching blockchain-related information. This contains info on specific blocks, transactions, logs, occasions, and many others. Furthermore, the perfect blockchain APIs additionally sometimes carry out different companies, corresponding to decoding the info, including deal with labels, and so forth.

However why do you want a blockchain API? 

Blockchain APIs make the method of querying information from blockchain networks extra accessible. With these instruments, you’ll be able to sometimes leverage premade strategies and protocols, that means you don’t must reinvent the wheel in your improvement endeavors. Consequently, utilizing blockchain APIs saves you plenty of improvement time and sources, making them a priceless asset in your Web3 toolkit! 

What to Consider When Contemplating Blockchain API Providers 

There are a number of issues to contemplate when selecting a blockchain API service, and on this part, we’ll cowl 5 important elements: 

  • Options and Providers: Contemplate choosing a supplier with a flexible blockchain API providing extra options, companies, and sources past the fundamental performance to fetch information. This can let you seamlessly combine distinctive options into your Web3 initiatives, making them stand out in comparison with the competitors. Nevertheless, an important factor is to discover a blockchain API supplier that caters to your particular wants. 
  • Supported Chains: Discover a supplier providing blockchain API companies stretching throughout a number of blockchain networks. Constructing initiatives on a number of platforms concurrently is usually a appreciable benefit, permitting you to achieve a wider buyer base. 
  • Scalability: Plan for the long run. Make sure that the blockchain API companies you choose can scale in accordance together with your initiatives. 
  • Velocity: Discover a blockchain API supplier that may deal with your requests at a quick tempo. Processing requests is crucial, because it gives a extra compelling person expertise (UX) to your finish customers.
  • Value: The worth of blockchain API companies can range drastically between suppliers. Consequently, research the worth construction of the suppliers you’re looking at so that you don’t get any surprising surprises down the road. 
Art image - Showing blocks linked together - illustrating blockchain data

Now, with an outline of what to think about when contemplating blockchain API service, let’s have a look at some outstanding use instances for when these instruments turn out to be useful! 

Blockchain API Use Instances 

It doesn’t matter what Web3 mission you’re constructing, you’ll doubtless need to leverage blockchain APIs to make your life as a developer simpler. Nevertheless, to provide you a couple of eventualities when these software program interfaces turn out to be useful, we’ll look into 5 outstanding use instances: 

  • Web3 Wallets: Web3 wallets give customers an outline of their complete transaction historical past and all property. As such, when constructing a pockets, you want info corresponding to on-chain transactions. That is exactly the place blockchain APIs enter the equation.
  • Asynchronous Triggers: Should you’re constructing Web3 initiatives, you usually need your dapps to watch related good contract occasions. With a blockchain API, you’ll be able to seamlessly get occasion logs for any contract, which you should use to arrange asynchronous triggers.
  • Debugging: You should utilize the info you get utilizing a blockchain API for debugging good contracts and dapps. As an illustration, if a sensible contract isn’t working because it ought to, you should use these instruments to get occasion logs, which can be utilized to establish the foundation of the issue.
  • Analytics: Uncooked blockchain information can be used for analytics. As an illustration, by finding out good contract information like transactions, you’ll be able to analyze the amount of trades on a decentralized change (DEX) like PancakeSwap.
Blockchain data illustrated in an art image
  • Buying and selling Platforms: Buying and selling platforms want real-time transaction information to make sure correct, up-to-date order e book administration and commerce execution. And the simplest strategy to get this info is to leverage the sources of a blockchain API.

Abstract: Greatest Blockchain API Suppliers

In as we speak’s article, we in contrast the highest three blockchain API suppliers and their respective companies, options, and sources:

  1. Moralis
  2. QuickNode
  3. Alchemy

By means of our comparability, we discovered that the Moralis Blockchain API stands out because the industry-leading service. The Moralis Blockchain API gives extra sources and companies in comparison with the opponents, helps all main chains, and gives a free plan, making it a no brainer alternative for those who’re trying to construct Web3 initiatives! 

Should you favored this blockchain API suppliers tutorial, think about exploring extra content material right here on our weblog. As an illustration, discover prime NFT API suppliers, study meta transactions, or take a look at our Goerli faucet information! 

Additionally, don’t neglect to enroll with Moralis. You possibly can create an account totally free, and also you’ll acquire speedy entry to all our industry-leading Web3 improvement instruments! 



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