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📅 July 3, 7:00 – July 9,
Covalent launches EWMlight client to ensure accessibility of Ethereum by storing historical data
Odaily Planet Daily News CoinDesk recently pointed out in an article that the original vision of Ethereum is facing risks, as the network has deviated from its original intention and pursued faster execution speed and a narrative of super stable currency. With the slow development of the ecosystem and increasing competition from blockchain platforms such as Solana and Bitcoin, whether Ethereum has lost its direction becomes an important question. To address this challenge, Covalent Network (CXT) has launched the Ethereum Time Machine (EWM) light client testnet. EWM aims to protect the historical data of Ethereum, ensuring that the data remains decentralized and accessible even when old data is cleared from the network. The testnet is now live, and participants can help maintain the decentralized nature of Ethereum by enhancing long-term data availability. As a leading modular data infrastructure layer, Covalent Network (CXT) is committed to addressing key challenges in the blockchain and AI fields. Its provided structured and verifiable data helps reduce the risk of AI models being manipulated or biased. Currently, Covalent has gained the trust of over 3,000 organizations, providing unrestricted on-chain data access from over 200 blockchains for AI, Decentralized Finance, GameFi, and other fields.