News

ArchiveNode.io Closes, Declares Success in Ethereum Space

  1. ArchiveNode.io shutting down after 3 years
  2. Provided free Ethereum archive node access
  3. Affordable alternatives now available

ArchiveNode.io, a service offering free access to Ethereum mainnet archive nodes for developers, students, and researchers, has declared its mission accomplished and will be shutting down. After more than three years of operation, the project’s initiator, DeFi Dude, announced the closure on April 4.

Read CRYPTONEWSLAND on google news

An Ethereum Archive Node is a specialized instance of an Ethereum client designed to store an archive of all historical states. These nodes are valuable for querying historical blockchain data, which is typically unavailable on full nodes. Although Archive Nodes do not participate in block validation, they require significant storage capacity.

DeFi Dude explained that the project’s goal was to make archive data accessible to those interested in creating innovative applications but lacked the necessary resources to run their own archive node. At the time the project began, there were no Archive Nodes being operated, and the only option for accessing archive data was to pay Ethereum infrastructure provider Infura a $250 monthly fee.

According to DeFi Dude, the project has achieved its objectives as affordable alternatives have emerged, rendering ArchiveNode.io’s services no longer necessary. The project was never intended to generate profits, but rather to support the Ethereum community by lowering barriers to entry for developers, students, and researchers.

In other news, Vitalik Buterin, co-founder of Ethereum, sees a future in which zero-knowledge Ethereum Virtual Machines (zk-EVMs) are integrated into Ethereum’s layer 1, hence improving the blockchain’s verification procedure. In a recent blog article, Buterin described the possibilities of zk-EVMs, noting that they may be added without compromising decentralization or security.

Read also:

José Gustavo

José is a crypto enthusiast who trades crypto night and day. He loves to share his trading stories and experiences in all his published articles. José likes to hang out and travel to meet new friends. Enjoys sushi, vodka, and tequila.

Recent Posts

5-10X in May: Top Traders’ Crypto Choices for Speculative Gains

The real excitement is centered on #CYBRO, a unique earn marketplace tapping into the native…

22 mins ago

Life-Changing Altcoin Investments That Might Make You Forget Your Day Job

The clear standout for high potential is #BlastUP, primarily due to its innovative concept and…

27 mins ago

BTC and ETH Fall Over 5%, Analyst Recommends DTX

Bitcoin (BTC) and Ethereum (ETH) have both experienced a significant drop, falling over 5%. Amidst…

52 mins ago

Altcoin Potential: Rise of Ethereum, Helium, and Shiba Inu in May

🚀 Altcoin Potential: Ethereum, Helium, Shiba Inu Rising in May! 📈 Discover the bullish trajectories…

1 hour ago

Altcoins Trades To Take On The Incoming Altcoin Bounce! Don’t Miss out!

#Cryptomarket focus should shift to #CYBRO, the unique earning platform on the #Blast #blockchain set…

1 hour ago

$100 Monthly Strategy To Make Fortune With Crypto In 2024

Renowned coins might not give fast returns in the short term, #BlastUP stands out as…

1 hour ago