Covalent Expands Operator Network: A Closer Look
Covalent, the leading modular data infrastructure for AI with +230 chain integrations and 1000’s of customers, is thrilled to welcome four new operators to its network: Graphyte Labs, StakeCraft, Sensei Node, and Matrixed Link. With these additions, the Covalent Network has expanded to include a total of 36 participants, comprising 22 Block Specimen Producers (BSPs) and 14 Block Results Producers (BRPs). This growth represents a 38% increase, rising from 26 in May 2024 to 36 in just two months.
Expanding the operator base is a critical step in enhancing Long-Term Data Availability and verifiable data. Covalent’s Ethereum Wayback Machine (EWM) stands as a cornerstone of this mission, preserving onchain data that is frequently deleted after short periods. By onboarding these new operators, Covalent reinforces its infrastructure to support thousands of network customers and ensure seamless access to onchain data from over 230 blockchains, enriching over 300 million active wallets.
Welcoming Four New Operators
Graphyte Labs, StakeCraft, Sensei Node, and Matrixed Link are joining the Covalent Network, bringing a wealth of expertise and robust infrastructure to its verifiable data mission. These operators will be crucial in fortifying the EWM and ensuring the integrity and longevity of blockchain data.
- Graphyte Labs: A leading provider of blockchain analytics solutions, delivering deep insights and innovative tools for blockchain data.
- StakeCraft: A trusted staking and validation service provider, known for securing and supporting various blockchain networks.
- Sensei Node: A pioneer in node management solutions, offering efficient and reliable node operation services.
- Matrixed Link: An expert in cross-chain technologies, facilitating seamless interactions and integrations between different blockchain platforms.
Enhancing Network Decentralization
As the delegation room on the Covalent Network rapidly reached 100% capacity and 22% of the supply became staked, Covalent acknowledges the community’s robust commitment to its staking infrastructure. To further enhance and decentralize the network, Covalent is committed to strengthening its operations. Adding new operators is a crucial step in ensuring continued quality, reliability, and efficiency.
As Covalent prepares for significant advancements, a new role called Olympic Light Clients will be introduced later this year. By significantly reducing the resource requirements, Olympic Light Clients will democratize data accessibility, enabling a wider range of users to engage with the platform and opening opportunities for up to 10,000 new validators to come online from around the world. Stay tuned for more details on this upcoming initiative.
Looking Ahead
This announcement coincides with Covalent’s recent massive transformation to further align with its mission of making verifiable data accessible with Covalent’s Ethereum Wayback Machine. The series of announcements that included the massive rebrand migration to the new token, CXT, represents a pivotal shift in the ecosystem, designed to drive greater utility and engagement within the Covalent Network.
With the addition of Graphyte Labs, StakeCraft, Sensei Node, and Matrixed Link to the ecosystem, Covalent is more equipped than ever to push the boundaries of what is possible in the blockchain space. The new brand, token, and strengthened network position Covalent to lead the charge in making blockchain data accessible, reliable, and long-lasting.
About Covalent
Covalent is the leading modular data infrastructure layer dedicated to solving major challenges in blockchain and AI, including verifiability, decentralized AI inference, and Long-Term Data Availability. Its large reservoir of structured, verifiable data enhances decentralized training and inference, reducing the risk of manipulated or biased AI models. Additionally, the Covalent Network’s Ethereum Wayback Machine ensures secure, decentralized access to Ethereum’s transaction data. Trusted by over 3,000 leading organizations, Covalent powers AI, DeFi, GameFi, and more with unfettered access to on-chain data from over 230 blockchains.
Learn about the EWM: Technical | Non-Technical
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