Until you’ve been dwelling beneath a rock, odds are you’re aware of the scalability problems with Ethereum. These limitations pose a major impediment for Web3 builders trying to construct decentralized purposes (dapps) on the Ethereum community, making the method each troublesome and expensive. Consequently, builders are turning their consideration to less expensive options and networks to make blockchain improvement 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 do you have to construct on Gnosis Chain? In case you’re in search of the solutions to those questions, be a part of us on this article as we dive into the ins and outs of Gnosis Chain!
Overview
We’ll begin right this moment’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 it is best to select to construct on Gnosis Chain. Subsequent, we’ll briefly cowl different merchandise and initiatives inside the ecosystem. Then, we’ll introduce you to Moralis’ Gnosis-compatible Web3 API suite, offering the simplest solution to construct apps on the Gnosis community. Lastly, we’ll discover some outstanding Moralis Gnosis API use instances to prime issues off!
If you wish to leap straight into Gnosis improvement, nothing is stopping you from instantly exploring Moralis’ industry-leading Web3 APIs. An excellent instance is the NFT API, which lets you seamlessly construct Gnosis-compatible NFT initiatives. Nonetheless, this is only one instance, and we’ll discover just a few others within the ”Why Construct on Gnosis Chain with Moralis?” part additional on within the article!
So, if you wish to construct Gnosis dapps, take this chance and join with Moralis. You may create your account fully freed from cost, and also you’ll be capable to unlock the total potential of Gnosis Chain in a heartbeat!
What’s Gnosis Chain? And Why Construct on Gnosis?
Gnosis is a outstanding 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. Nonetheless, in 2020, Gnosis introduced its plans to completely transition right into a decentralized autonomous group (DAO). A few 12 months 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 among 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 numerous community of 160,000+ validators. This numerous and worldwide set of validators – together with a concentrate 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 relating to 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 gives you and different builders a strong platform to innovate and construct refined decentralized purposes (dapps)!
Why Construct on Gnosis Chain?
Now, with an summary of what Gnosis Chain is, let’s discover a few of the principal advantages and the explanation why it is best to 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 price 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 may expertise fast transaction confirmations to make sure your initiatives carry out on the prime 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 aware of.
These are 5 outstanding the explanation why it is best to 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 enormous ecosystem of different merchandise and initiatives, and on this part, we’ll discover just a few outstanding examples:
- Tokens: Gnosis Chain makes use of a singular and modern dual-token mannequin that includes two cryptocurrencies: GNO and xDai. GNO is used for staking, protocol safety, and group 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 change (DEX) on which customers can commerce fungible tokens.
- Protected: Protected is a great 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 person base from which you’ll shortly onboard new customers to your initiatives. And that is but another excuse why it is best to construct on Gnosis Chain.
However, that offers you a short overview of the Gnosis ecosystem. Let’s now discover the simplest solution to construct on Gnosis Chain!
High Gnosis Chain API
If you wish to construct on Gnosis Chain, it is best to know that the simplest manner 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 may construct dapps each quicker and smarter!
However why do you have to construct on Gnosis Chain with Moralis?
To reply the question above, let’s discover the primary advantages of Moralis’ Gnosis-compatible API suite:
- Immediate Setup: Begin constructing in a heartbeat with out the cumbersome technique of any preliminary setups.
- Correct Knowledge: Expertise knowledge integrity with constant and exact data instantly from Gnosis Chain.
- Actual-Time Knowledge: Maintain your customers up-to-date with real-time knowledge.
- Listed Knowledge: Entry the information on Gnosis Chain completely listed and able to use very quickly.
- Unparalleled Scalability: Moralis’ Gnosis API suite is constructed to scale, that means that our interfaces can have no bother dealing with the rise in site visitors as your initiatives develop.
- And extra!
So, are you able to innovate and construct the subsequent massive dapp on Gnosis Chain? If that’s the case, jumpstart your Gnosis Chain journey by signing up with Moralis. You will get an account fully free of charge, and also you’ll achieve fast entry to all of the interfaces of Moralis’ Gnosis API suite!
Additionally, when you’d wish to study extra about this, be a part of us within the subsequent part, as we’ll dive deeper into Moralis’ Gnosis-compatible API suite!
Why Construct on Gnosis Chain with Moralis?
The Moralis Gnosis API suite includes a number of industry-leading interfaces for numerous use instances. So, when working with Moralis, you may construct every part 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 more in-depth have a look at three of our most outstanding interfaces to offer you just a few 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 software, you may effortlessly unlock the ability 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 may simply get block knowledge, contract occasions, logs, transactions, and far more. Consequently, when working with the Blockchain API, you may seamlessly construct every part 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 outstanding endpoints under:
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 primarily based on its tackle:
const response = await Moralis.EvmApi.occasions.getContractLogs({
"chain": "0x64",
"topic0": "0xddf252ad1be2c89b69c2b068fc378daa952ba7f163c4a11628f55a4df523b3ef",
"tackle": "0x6A023CCd1ff6F2045C3309768eAd9E68F978f6e1"
});
To study extra about how this works, take a look at our Blockchain API tutorial!
Token API
With the Token API, you may 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 may construct every part 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 outstanding endpoints to spotlight the accessibility and energy of Moralis’ Token API:
getTokenPrice()– Get the worth of a token denominated in each Gnosis Chain’s native coin and USD:
const response = await Moralis.EvmApi.token.getTokenPrice({
"chain": "0x64",
"tackle": "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",
"tackle": "0x7bea4af5d425f2d4485bdad1859c88617df31a67"
});
getTokenMetadata()– Fetch metadata – together with the title, image, decimals, brand, and many others. – for a token primarily based on its contract tackle:
const response = await Moralis.EvmApi.token.getTokenMetadata({
"chain": "0x64",
"addresses": [
"0x177127622c4A00F3d409B75571e12cB3c8973d3c"
]
});
To study extra about how this software works, take a look at our information on the #1 API for crypto costs!
Pockets API
Moralis’ Pockets API is the {industry}’s premier software for constructing Web3 wallets and integrating pockets performance into your dapps. This software 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 lots of others. With this software, you may seamlessly get every part from pockets transactions, native balances, ERC-20 token balances, NFT balances, and far more in a heartbeat.
To focus on the ability of the Pockets API, listed below are three outstanding endpoints you’ll probably 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",
"tackle": "0x7bea4af5d425f2d4485bdad1859c88617df31a67"
});
getNativeBalance– Fetch the native steadiness of a pockets by its tackle:
const response = await Moralis.EvmApi.steadiness.getNativeBalance({
"chain": "0x64",
"tackle": "0x7bea4af5d425f2d4485bdad1859c88617df31a67"
});
getWalletTokenBalances()– Get an array of all tokens held by a pockets primarily based on its tackle:
const response = await Moralis.EvmApi.token.getWalletTokenBalances({
"chain": "0x64",
"tackle": "0x7bea4af5d425f2d4485bdad1859c88617df31a67"
});
That’s it for our three examples; if you wish to discover all interfaces of Moralis’ Gnosis API suite, take a look at our Web3 API web page!
Moralis’ Gnosis API Use Circumstances
Now that you’ve got familiarized your self with Moralis’ Gnosis-compatible API suite, let’s have a look at what you may construct utilizing our industry-leading improvement instruments. Listed here are just a few outstanding examples:
- Decentralized Exchanges (DEXs)
- DAO Administration Instruments
- Staking Platforms
- Safe Pockets Platforms
- Governance Platforms
- Prediction Markets
The use instances above are only some examples, and with the ability of Gnosis Chain and the capabilities of Moralis, the one factor stopping you is your creativeness!
Abstract: Why Construct on Gnosis Chain?
In right this moment’s information, we kicked issues off by exploring the ins and outs of Gnosis Chain. In doing so, we discovered 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 outstanding advantages:
- Globally Secured
- Price-Environment friendly
- 100% Uptime
- Swift Efficiency
- EVM-Compatibility
From there, we launched you to the simplest solution to construct on Gnosis Chain: Moralis’ Gnosis-compatible Web3 API suite. This suite comprises a bunch of industry-leading Web3 APIs that assist you to construct every part from DEXs to governance platforms on Gnosis Chain in a heartbeat.
In case you appreciated this Gnosis Chain article, contemplate testing extra content material right here on the Moralis Web3 weblog. As an illustration, discover our information on Polygon PoS vs Polygon zkEVM, or learn to add the Sepolia community to MetaMask. Additionally, ensure that to take a look at our Etherscan API options article, how one can construct a real-time pockets tracker, on-chain pockets tracker, or how one can create Chiliz Chain dapps with Moralis’ Chiliz API!
Additionally, when you’re severe about constructing Gnosis Chain initiatives your self, don’t overlook to enroll with Moralis. You may arrange an account fully free of charge and achieve entry to all our industry-leading improvement instruments instantly. This may assist you to absolutely harness the ability of Gnosis Chain by enabling you to construct dapps extra effectively!
