Introducing the Chainmatter Blockchain from Chainstack

Chainmatter Launched

The Chainmatter blockchain resource is now available in its beta version. It comes as part of the most recent project from Acronis and Chainstack and aims be the ultimate source for knowledge concerning blockchain networks. The team plans to make Chainmatter a community-oriented resource. To that end, there are no goals for monetization of the blockchain.

Chainmatter came about from a desire to collect all the information related to technology about blockchain protocols and networks within a single place. The team was inspired by other similar resources for other aspects of the blockchain, such as State of DApps and CoinMarketCap. The team liked that those platforms provide vast resources with aggregated insight into decentralized applications or monetary components of blockchain networks, respectively.

There was nothing like this available for those interested in the technological aspects of the blockchain. Instead, people had to go through whitepapers, subreddits, explorers, and more, searching for figures and facts.

Chainmatter was further fueled by the knowledge that there is not a single type of blockchain technology that is better than others and that multiple technologies exist, each with their own ideal use cases. Because of that, the team behind Chainmatter wanted to provide people with a single source for finding data related to blockchain technology and its evaluation.

At the moment, Chainmatter provides information about 10 of the most popular public blockchain networks. This up-to-date information includes basic things, such as the blockchain size, max supply, and consensus algorithm. It also includes metrics for blocks and transactions, such as block time, the quantity of recommended confirmations, and the actual and theoretical transaction rate.

Chainmatter and Acronis
  • Facebook
  • Twitter
  • Buffer
  • reddit
  • LinkedIn
Image credit: Acronis

Community Platform

The team is also looking into what other information to add based on what will help the community. For example, members are working on adding the average cost for a transaction since this will help developers and users.

Since Chainmatter is still a work in progress, the team could not include all the blockchain networks currently in existence. To be under consideration for inclusion, a network needs a live mainnet that has gained or is gaining traction. To measure that, the team looked for growing transactions and community interest.

The team will also expand the networks that are included, with both Tezos and EOS being added in the next major update. Eventually, Chainmatter will feature more than just the public networks. The team wants to include all related technologies, such as protocols used for building private networks and decentralized services, like compute and storage.

Chainstack is working on a platform that is technology-agnostic and will let businesses manage as well as deploy decentralized services and networks. But to achieve the agnostic portion of the goal, the team needs to better understand the technology landscape, which will come naturally from compiling Chainmatter. Chainmatter will then continue to provide technology-related data in a public and independent way, so Chainstack and the customer base can find unbiased guidance. As a bonus, the project will add transparency to the industry.

  • Facebook
  • Twitter
  • Buffer
  • reddit
  • LinkedIn

Previous ArticleNext Article
Avatar
Cedric Jackson is a contributing writer at BlockTelegraph. His writing draws on his rich life experiences, time spent traveling, and years working with the written word. He is passionate about cryptocurrency and blockchain technology, finance, and markets. When not busy writing, he spends his time traveling, reading and keeping up with world events.

Join Our Mailing List

Keep up with the latest in FinTech, Blockchain, and Crypto.

You have Successfully Subscribed!