PARSIQ has added support for the Solana blockchain on the PARSIQ Platform, allowing users to monitor any events on the Solana blockchain in real-time at scale, process those events according to programmable logic and connect them to off-chain devices and apps for workflow automation.
With PARSIQ now integrated into Solana, users on the Solana network can now reap all the benefits from the PARSIQ ecosystem. Using PARSIQ’s push-based data-stream aggregator that adds a programmability level on top of real-time data-streams. PARSIQ allows users to combine independent data streams and write arbitrary scenarios in reactive style using the easy scripting language. Developers too can now build on-chain to off-chain solutions on PARSIQ using ParsiQL language for the Solana blockchain.
Users don’t need to think about an environment, server configuration, runtime management. PARSIQ even provides users with their own programmable data storage where they can place their auxiliary data to use in their scripts.
PARSIQ scripts (called Smart Triggers) not only react, they can keep data, update it and react differently in future on basis of already processed data. In other words they can learn. So PARSIQ is an ideal platform not only for monitoring, it is a platform for deploying bots, strategies that can learn, AML compliance rules, automated accounting and so on.
PARSIQ recently introduced Smart Triggers to the crypto world, allowing real-time on-chain events to trigger off-chain actions, giving developers the possibility to automate workflows, creating endless ways to interact with real world applications, maximizing possibilities while focusing on being cost effective.
What is Solana?
Solana is touted as being one of the fastest blockchains, having launched their mainnet in beta in March 2020, they have since processed over 12 billion transactions with a reported rate of 50.000 TPS (Transactions Per Second). Speed isn’t the only thing going for Solana, with 652 Global Validators, the average transaction performed on the network costs only an estimated $0.00001.
Not only is Solana fast, they’ve also seen tremendous growth and user adoption on their platform, with 4.9 million unique wallets at EOY 2020. They’ve even seen popular DEX Serum launch exclusively on the Solana blockchain.
What is PARSIQ?
PARSIQ is a blockchain monitoring and workflow automation platform connecting on-chain and off-chain applications in real-time, providing transaction notifications for end-users. With PARSIQ you can connect blockchain activity to off-chain apps and devices, monitor and secure DeFi applications, and build custom event triggers and power real-time automations.
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Disclaimer: This article was published in partnership with BitcoinPRBuzz, and not edited by our editorial team.