Wormhole Queries: Revolutionizing On-Chain Data Access for Multichain Applications

Accessing
On-Chain
Data
with
Wormhole
Queries

Accessing
on-chain
data
is
crucial,
especially
for
multichain
applications.
Historically,
this
process
has
been
both
costly
and
slow,
primarily
due
to
the
necessity
of
on-chain
transactions,
high
gas
costs,
and
the
underlying
blockchain’s
time
to
finality.
According
to
Wormhole,
their
new
service,
Wormhole
Queries,
aims
to
alter
this
dynamic
by
allowing
anyone
to
pull
any
on-chain
data
on-demand,
thus
streamlining
development
and
significantly
enhancing
application
performance.

What
is
Wormhole
Queries?

Wormhole
Queries
offers
instant
access
to
data
across
various
blockchains,
drastically
reducing
latency
and
costs
for
verifiable
cross-chain
state
calls.
This
service
is
designed
as
a
flexible
and
versatile
framework
that
makes
accessing
cross-chain
data
straightforward
and
efficient.
Security
is
ensured
by
the
Wormhole
Guardians,
who
verify
responses,
ensuring
valid
and
reliable
data
access.

Who
Uses
Wormhole
Queries?

Wormhole
Queries
is
tailored
for
developers
aiming
to
build
more
performant
multichain
applications.
Its
usage
spans
various
sectors,
from
DeFi
protocols
such
as





decentralized
exchanges
(DEXes)
to
blockchain-based
games.
For
instance,
a
perpetual
futures
DEX
could
utilize
Wormhole
Queries
to
fetch
real-time
data
from
multiple
chains,
enabling
it
to
offer
perpetual
contracts
on
tokens
with
reliable
on-chain
price
feeds.
Similarly,
multichain
games
can
retrieve
player
data
instantly
across
chains,
providing
a
seamless
user
experience.

Why
Does
Wormhole
Queries
Matter?

Wormhole
Queries
significantly
enhances
the
developer
and
user
experience
by
enabling
faster,
simpler,
and
more
cost-effective
data
access.
It
is
reported
to
be
up
to
84%
cheaper
than
traditional
methods
and
offers
sub-second
response
times.
This
efficiency
allows
for
more
responsive
applications,
greatly
improving
the
overall
user
experience.

How
to
Get
Involved
with
Wormhole

The
Wormhole
ecosystem
is
a
vibrant,
fast-growing
community
of
builders
and
users
shaping
the
future
of
Web3.
Interested
parties
can
join
the
Wormhole

Discord
to
engage
with
the
community.
Additionally,
for
those
wanting
to
delve
deeper
into
interoperability
and
Wormhole’s
technology,
extensive
documentation
is
available

here.

About
Wormhole

Wormhole
is
a
leading
interoperability
platform
that
powers
multichain
applications
and
bridges
at
scale.
It
provides
developers
access
to
liquidity
and
users
on
over
30
of
the
leading
blockchain
networks,
enabling
diverse
use
cases
across
DeFi,
NFTs,
governance,
and
more.
Trusted
by
notable
teams
like
Circle
and





Uniswap,
Wormhole
has
facilitated
over
$40
billion
in
transfers
through
more
than
1
billion
cross-chain
messages
to
date.

Image
source:
Shutterstock

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