PowerLoom - The Decentralized Data Layer for Web3

Swaroop Hegde is a co-founder at PowerLoom - a decentralized Data Layer for Web3 that is scaling trustless data and building on-chain data primitives. Why you should listen The Powerloom Protocol is a decentralized data protocol designed to meet the growing data requirements of smart contract-based applications, including DeFi, games, and other user-centric platforms. It incentivizes participating peers to achieve consensus on state transitions and event emission observations across multiple smart contracts. By utilizing data compositions on smaller, consensus-reached data units, Powerloom stands as a peer-validated and accurate information source, empowering rich data applications such as dashboards, bots, aggregators, and insights trackers. Powerloom in a nutshell: Powerloom acts as a decentralized library catalog for blockchain data, providing verified and up-to-date information from multiple chains. Powerloom has a snapshot-driven approach to data retrieval, which allows for efficient scaling and trust in the results. Supporting links Bitget Bitget Academy Bitget Research Bitget Wallet PowerLoom Andy on Twitter  Brave New Coin on Twitter Brave New Coin If you enjoyed the show please subscribe to the Crypto Conversation and give us a 5-star rating and a positive review in whatever podcast app you are using.