Except you’ve been dwelling underneath a rock, odds are you’re accustomed to the scalability problems with Ethereum. These limitations pose a big impediment for Web3 builders trying to construct decentralized functions (dapps) on the Ethereum community, making the method each troublesome and expensive. Because of this, builders are turning their consideration to cheaper options and networks to make blockchain growth extra possible. One various that has been gaining traction over the previous few years is Gnosis Chain. However what is that this community? And why must you construct on Gnosis Chain? In case you’re on the lookout for the solutions to those questions, be part of us on this article as we dive into the ins and outs of Gnosis Chain!
Overview
We’ll begin in the present day’s article by diving straight into the ins and outs of Gnosis Chain. From there, we’ll discover the advantages of the community to spotlight why you must select to construct on Gnosis Chain. Subsequent, we’ll briefly cowl different merchandise and initiatives throughout the ecosystem. Then, we’ll introduce you to Moralis’ Gnosis-compatible Web3 API suite, offering the best approach to construct apps on the Gnosis community. Lastly, we’ll discover some distinguished Moralis Gnosis API use circumstances to high issues off!
If you wish to soar straight into Gnosis growth, nothing is stopping you from instantly exploring Moralis’ industry-leading Web3 APIs. An amazing instance is the NFT API, which lets you seamlessly construct Gnosis-compatible NFT initiatives. Nevertheless, this is only one instance, and we’ll discover a number of others within the ”Why Build on Gnosis Chain with Moralis?” part additional on within the article!
So, if you wish to construct Gnosis dapps, take this chance and enroll with Moralis. You possibly can create your account completely freed from cost, and also you’ll have the ability to unlock the total potential of Gnosis Chain in a heartbeat!
What’s Gnosis Chain? And Why Build on Gnosis?
Gnosis is a distinguished blockchain infrastructure supplier, and the group was based in 2015 by Stefan George and Martin Köppelman. On the time, they began off by constructing prediction markets. Nevertheless, in 2020, Gnosis introduced its plans to totally transition right into a decentralized autonomous group (DAO). A few yr later, the GnosisDAO and xDAI communities voted to mix forces to create Gnosis Chain!
Gnosis Chain is a community-driven, EVM-based blockchain community, and it’s one in every of Ethereum’s first sidechains. Since its origins, Gnosis Chain has stayed true to its values: resilience and credible neutrality!
Gnosis Chain is stored safe by a geographically various community of 160,000+ validators. This various and worldwide set of validators – together with a spotlight on community-driven governance – ensures that Gnosis Chain stays impartial in its operations and true to its unique values.
Moreover, Gnosis Chain is ruled by a DAO. Consequently, this implies anybody can take part within the decision-making processes concerning the event and way forward for the community. GNO is the governance token for GnosisDAO and the staking token for Gnosis. As such, holders of this token can weigh in on points and proposals and form Gnosis Chain going ahead.
All in all, Gnosis Chain affords you and different builders a strong platform to innovate and construct refined decentralized functions (dapps)!
Why Build on Gnosis Chain?
Now, with an outline of what Gnosis Chain is, let’s discover a few of the foremost advantages and explanation why you must construct on this community:
- Globally Secured: Gnosis Chain is fortified by 160,000+ validators worldwide.
- Price-Environment friendly: Expertise environment friendly operations on the low value of simply $0.000099 per 100K gasoline.
- 100% Uptime: Maintain your dapps operating with none points due to Gnosis Chain’s 100% uptime.
- Swift Efficiency: With Gnosis Chain’s spectacular five-second block time, you possibly can expertise speedy transaction confirmations to make sure your initiatives carry out on the high degree.
- EVM-Compatibility: Gnosis Chain is EVM-compatible. Consequently, when working with this community, you should use Ethereum instruments, sensible contracts, and wallets you’re accustomed to.
These are 5 distinguished explanation why you must construct on Gnosis Chain. Let’s now discover the Gnosis ecosystem a bit additional!
Exploring the Gnosis Ecosystem
Along with the sidechain, Gnosis additionally hosts an unlimited ecosystem of different merchandise and initiatives, and on this part, we’ll discover a number of distinguished examples:
- Tokens: Gnosis Chain makes use of a novel and modern dual-token mannequin that includes two cryptocurrencies: GNO and xDai. GNO is used for staking, protocol safety, and neighborhood governance by way of the community’s Gnosis Beacon Chain consensus layer. Alternatively, xDai is a stablecoin following the USD. This coin is used for transaction charges and funds on the community.
- CoW: CoW – which is an abbreviation for ”coincidence of needs” – is a permissionless decentralized trade (DEX) on which customers can commerce fungible tokens.
- Protected: Protected is a brilliant pockets platform and infrastructure supplier main the cost for account abstraction on the Ethereum community.
The three examples above solely scratch the floor of the Gnosis ecosystem, and the community moreover hosts a wide range of different dapps. Because of this Gnosis already has a longtime consumer base from which you’ll shortly onboard new customers to your initiatives. And that is but one more reason why you must construct on Gnosis Chain.
Nonetheless, that provides you a quick overview of the Gnosis ecosystem. Let’s now discover the best approach to construct on Gnosis Chain!
Prime Gnosis Chain API
If you wish to construct on Gnosis Chain, you must know that the best method to take action is to leverage Moralis’ industry-leading Gnosis API suite. Our premier interfaces now assist Gnosis Chain, enabling you to seamlessly unlock the total energy of the community so you possibly can construct dapps each sooner and smarter!
However why must you construct on Gnosis Chain with Moralis?
To reply the question above, let’s discover the primary advantages of Moralis’ Gnosis-compatible API suite:
- Prompt Setup: Begin constructing in a heartbeat with out the cumbersome means of any preliminary setups.
- Correct Knowledge: Expertise knowledge integrity with constant and exact info immediately from Gnosis Chain.
- Actual-Time Knowledge: Maintain your customers up-to-date with real-time knowledge.
- Listed Knowledge: Entry the info on Gnosis Chain completely listed and able to use very quickly.
- Unparalleled Scalability: Moralis’ Gnosis API suite is constructed to scale, which means that our interfaces could have no bother dealing with the rise in visitors as your initiatives develop.
- And extra!
So, are you able to innovate and construct the following huge dapp on Gnosis Chain? If that’s the case, jumpstart your Gnosis Chain journey by signing up with Moralis. You will get an account completely at no cost, and also you’ll acquire quick entry to all of the interfaces of Moralis’ Gnosis API suite!
Additionally, if you happen to’d wish to be taught extra about this, be part of us within the subsequent part, as we’ll dive deeper into Moralis’ Gnosis-compatible API suite!
Why Build on Gnosis Chain with Moralis?
The Moralis Gnosis API suite includes a number of industry-leading interfaces for varied use circumstances. So, when working with Moralis, you possibly can construct all the pieces from a block explorer to a real-time pockets tracker in a heartbeat!
To focus on the unrivaled capabilities of Moralis’ Gnosis API suite, we’ll take a better take a look at three of our most distinguished interfaces to present you a number of examples:
- Blockchain API
- Token API
- Pockets API
So, with no additional ado, let’s dive straight into Moralis’ Blockchain API!
Blockchain API
Moralis’ Blockchain API is Web3’s most strong interface for blockchain knowledge. With this industry-leading instrument, you possibly can effortlessly unlock the facility of blockchain knowledge with tempo and precision throughout all main EVM-compatible blockchain networks, together with Gnosis Chain!
With solely single strains of code, you possibly can simply get block knowledge, contract occasions, logs, transactions, and far more. Consequently, when working with the Blockchain API, you possibly can seamlessly construct all the pieces from block explorers to real-time buying and selling platforms with out breaking a sweat.
To focus on the accessibility of the Blockchain API, we’ll present three examples of distinguished endpoints beneath:
getBlock()– Get the contents of a block by block quantity or hash:
const response = await Moralis.EvmApi.block.getBlock({
"chain": "0x64",
"blockNumberOrHash": "23233"
});
getTransaction()– Fetch the contents of a transaction by its hash:
const response = await Moralis.EvmApi.transaction.getTransaction({
"chain": "0x64",
"transactionHash": "0x0342ba9dfcfe1ba7047ab988518c27734107cf999e827d0ae3dca97972a025f5"
});
getContractLogs()– Question the logs of a contract based mostly on its tackle:
const response = await Moralis.EvmApi.occasions.getContractLogs({
"chain": "0x64",
"topic0": "0xddf252ad1be2c89b69c2b068fc378daa952ba7f163c4a11628f55a4df523b3ef",
"address": "0x6A023CCd1ff6F2045C3309768eAd9E68F978f6e1"
});
To be taught extra about how this works, try our Blockchain API tutorial!
Token API
With the Token API, you possibly can seamlessly add and combine real-time token costs, pockets balances, transfers, and extra into your Web3 initiatives with solely single strains of code. Consequently, when working with Moralis’ Token API, you possibly can construct all the pieces from DEXs to token analytic instruments in a heartbeat!
Moreover, the Token API helps each single token throughout ten+ EVM chains. This contains stablecoins, privateness tokens, meme cash, governance tokens, and far more. And a few examples of supported chains are Gnosis, Ethereum, Polygon, and many others.
Listed here are three examples of distinguished endpoints to spotlight the accessibility and energy of Moralis’ Token API:
getTokenPrice()– Get the value of a token denominated in each Gnosis Chain’s native coin and USD:
const response = await Moralis.EvmApi.token.getTokenPrice({
"chain": "0x64",
"address": "0x6A023CCd1ff6F2045C3309768eAd9E68F978f6e1"
});
getTokenTransfers()– Question an array of all token transactions of a pockets ordered by block quantity in descending order:
const response = await Moralis.EvmApi.token.getWalletTokenTransfers({
"chain": "0x64",
"address": "0x7bea4af5d425f2d4485bdad1859c88617df31a67"
});
getTokenMetadata()– Fetch metadata – together with the title, image, decimals, brand, and many others. – for a token based mostly on its contract tackle:
const response = await Moralis.EvmApi.token.getTokenMetadata({
"chain": "0x64",
"addresses": [
"0x177127622c4A00F3d409B75571e12cB3c8973d3c"
]
});
To be taught extra about how this instrument works, try our information on the #1 API for crypto costs!
Pockets API
Moralis’ Pockets API is the {industry}’s premier instrument for constructing Web3 wallets and integrating pockets performance into your dapps. This instrument boasts spectacular options, unparalleled scalability, and excessive flexibility, permitting you to construct a variety of dapps!
What’s extra, the Pockets API helps over 500 million addresses throughout all main EVM chains, together with Gnosis Chain, Ethereum, Polygon, BNB Sensible Chain, and plenty of others. With this instrument, you possibly can seamlessly get all the pieces from pockets transactions, native balances, ERC-20 token balances, NFT balances, and far more in a heartbeat.
To focus on the facility of the Pockets API, listed below are three distinguished endpoints you’ll doubtless discover useful when constructing on Gnosis Chain:
getWalletTransactions()– Question an array of all native transactions of a pockets ordered by block quantity in descending order:
const response = await Moralis.EvmApi.transaction.getWalletTransactions({
"chain": "0x64",
"address": "0x7bea4af5d425f2d4485bdad1859c88617df31a67"
});
getNativeBalance– Fetch the native steadiness of a pockets by its tackle:
const response = await Moralis.EvmApi.steadiness.getNativeBalance({
"chain": "0x64",
"address": "0x7bea4af5d425f2d4485bdad1859c88617df31a67"
});
getWalletTokenBalances()– Get an array of all tokens held by a pockets based mostly on its tackle:
const response = await Moralis.EvmApi.token.getWalletTokenBalances({
"chain": "0x64",
"address": "0x7bea4af5d425f2d4485bdad1859c88617df31a67"
});
That’s it for our three examples; if you wish to discover all interfaces of Moralis’ Gnosis API suite, try our Web3 API web page!
Moralis’ Gnosis API Use Circumstances
Now that you’ve familiarized your self with Moralis’ Gnosis-compatible API suite, let’s take a look at what you possibly can construct utilizing our industry-leading growth instruments. Listed here are a number of distinguished examples:
- Decentralized Exchanges (DEXs)
- DAO Administration Instruments
- Staking Platforms
- Safe Pockets Platforms
- Governance Platforms
- Prediction Markets
The use circumstances above are only some examples, and with the facility of Gnosis Chain and the capabilities of Moralis, the one factor stopping you is your creativeness!
Abstract: Why Build on Gnosis Chain?
In in the present day’s information, we kicked issues off by exploring the ins and outs of Gnosis Chain. In doing so, we realized that it’s a community-run EVM blockchain community and one of many first Ethereum sidechains!
Why construct on Gnosis Chain? As we moved ahead on this article, we got down to reply that query! And to take action, we explored a few of the community’s most distinguished advantages:
- Globally Secured
- Price-Environment friendly
- 100% Uptime
- Swift Efficiency
- EVM-Compatibility
From there, we launched you to the best approach to construct on Gnosis Chain: Moralis’ Gnosis-compatible Web3 API suite. This suite accommodates a bunch of industry-leading Web3 APIs that will let you construct all the pieces from DEXs to governance platforms on Gnosis Chain in a heartbeat.
In case you appreciated this Gnosis Chain article, contemplate trying out extra content material right here on the Moralis Web3 weblog. As an illustration, discover our information on Polygon PoS vs Polygon zkEVM, or discover ways to add the Sepolia community to MetaMask. Additionally, be certain to take a look at our Etherscan API options article, learn how to construct a real-time pockets tracker, on-chain pockets tracker, or learn how to create Chiliz Chain dapps with Moralis’ Chiliz API!
Additionally, if you happen to’re critical about constructing Gnosis Chain initiatives your self, don’t overlook to enroll with Moralis. You possibly can arrange an account completely at no cost and acquire entry to all our industry-leading growth instruments instantly. This can will let you totally harness the facility of Gnosis Chain by enabling you to construct dapps extra effectively!
