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December 2, 2024 · 3 min · SQD Team

Monthly Recap: November

Monthly Recap SQD Network Product Updates
Monthly Recap: November

In November, SQD celebrated significant milestones as the cryptocurrency market entered a bull phase. The platform achieved its own all-time high with 1.5 billion queries recorded over 30 days, demonstrating robust demand from decentralized applications seeking blockchain data.

Network Performance

The infrastructure expanded substantially:

  • 1,391 worker nodes operating
  • 693TB of data stored across the network
  • 25,723,369 queries processed in 24 hours
  • 9TB of data served daily

Strategic Community Shift

The team migrated from Discord to Telegram, citing concerns about fragmentation and security vulnerabilities inherent to the platform. The Discord server transitioned to read-only mode, preserving historical discussions while directing members to Telegram for active engagement.

Technical Developments

Two new blockchain networks received integration support:

  • CrossFi — enabling onchain data access
  • Unichain (testnet) — Uniswap’s DeFi-focused chain

Developers building on these networks gained access to the SQD SDK.

Portal Release Preview

CEO Dmitry hosted an AMA discussing the upcoming Portal release. He highlighted that the solution offers decentralized access, customizable rate limits, and superior data handling power. Upcoming features include Hot Blocks for real-time data and revised tokenomics.

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