Blockdaemon integrates bloXroute’s Blockchain distribution network into the API, improving Blockchain performance
EVANSTON, IL, USA , April 3, 2023 /EINPresswire.com/ — Blockdaemon, the leading institutional-grade blockchain infrastructure company for node management and staking, today announced a partnership with bloXroute, adding mempool analytics to its industry-leading blockchain API Suite. bloXroute’s primary purpose is to quickly process block transactions for the Ethereum blockchain systems, with high capacity and low latency.
Integrating bloXroute’s BDN access into Blockdaemon’s API provides users with real-time updates on transaction statuses, optimizing confirmation times and improving network efficiency. With this addon, users can execute trades up to 200ms faster than any other mempool service. This allows institutional clients to make more informed decisions through the rapid dissemination capabilities of BDN.
“Blockdaemon’s primary focus is to lower the barrier to connecting institutions to Web3. By superimposing Blockdaemon’s API with bloXroute’s BDN, institutional customers now have increased analytics and visibility, allowing them to make more informed decisions about DeFi and Web3,” said Konstantin Richter, Blockdaemon Founder and CEO. “Institutional customers can benefit from mempool analytics, dynamic tax adjustments and improved gas tax estimation via our API Suite.”
“We are excited to work with Blockdaemon to help them deliver even more value to their customers,” said Uri Klarman, CEO, bloXroute. “Our platform provides a powerful suite of tools that can help developers gain insight and visibility into the mempool across different blockchains. By partnering with Blockdaemon, we can bring these benefits to even more users.”
By partnering with bloXroute, Blockdaemon’s blockchain API platform is now equipped with additional functionality and benefits that will help wallets, exchanges, trading platforms and other enterprise customers connect to 21+ blockchains through either RPC or REST APIs. Continues Blockdaemon’s mission to connect institutional users to the Web3 with unmatched performance with over 250+ billion monthly calls and 99.9% uptime.
About Blockdaemon
Blockdaemon powers the blockchain economy with its suite of industry-leading infrastructure solutions. We are a globally established, easy integration partner for access to leading blockchain networks. We provide integrated business solutions to exchanges, custodians, crypto platforms, financial institutions and developers using our end-to-end suite of blockchain tools including dedicated nodes, APIs, staking, floating staking, MPC technology and more. Blockdaemon gives customers the confidence to quickly and easily scale without compromising security or compliance.
Learn more about Blockdaemon’s offerings.
About bloXroute
bloXroute Labs is a leading blockchain software company. We are on a mission to bring transactions and data transfer on the blockchain to the next level. bloXroute’s proprietary Blockchain Distribution Network (BDN) offers unmatched speed advantages to competing DeFi merchants and infrastructure performance improvements to DeFi service providers and projects. Over 300 trading firms run DeFi trading strategies on bloXroute’s BDN to get faster data and identify more trading opportunities combined with faster transaction propagation on the blockchain. On an average day, bloXroute users send $1.5 billion+ worth of transactions on BDN.
The company was founded in 2018 and is headquartered in Evanston, IL. Investors include SoftBank, Pantera Capital, Dragonfly Capital, Flybridge Capital, Coinbase Ventures, 1confirmation and Lightspeed Ventures.
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