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Covalent launches EWM light client to ensure Ethereum accessibility by saving historical data
2024-10-18 04:56:15
Odaily News A recent CoinDesk article pointed out that Ethereum's original vision is at risk, and the network has deviated from its original intention, chasing faster execution speeds and the "ultra-robust money" narrative. As the ecosystem develops slowly and competition from blockchains such as Solana and Bitcoin intensifies, it becomes an important question whether Ethereum has lost its way. To meet this challenge, Covalent Network (CXT) launched the Ethereum Time Machine (EWM) light client testnet. EWM aims to protect Ethereum's historical data, ensuring that data remains decentralized and accessible when the network clears old data. The testnet is now live, and participants can maintain the decentralized nature of Ethereum by strengthening long-term data availability. As a leading modular data infrastructure layer, Covalent Network (CXT) is committed to solving key challenges in the blockchain and AI fields. The structured, verifiable data it provides helps reduce the risk of AI models being manipulated or biased. Currently, Covalent has been trusted by more than 3,000 organizations to provide unlimited on-chain data access from more than 200 blockchains for AI, DeFi, GameFi and other fields.