2. The Requirements of Running a Node: Cost, Time, and Scalability Concerns
Now that you understand the importance of nodes in a blockchain network and their essentiality in DApp operation, you may consider running your own nodes. However, running your own nodes is far from easy. There are three main factors to consider before deciding to operate your own nodes.
Running a node can be very costly. Running a single full node with 2TB storage capacity that can handle 100,000 requests using AWS can cost thousands of dollars per month. Additionally, the costs of running multiple nodes to increase stability may rise proportionate to the number of nodes you operate. The costs not only include hardware expenses but also the time and human resources necessary to set up, maintain, and monitor the node infrastructure system. Therefore, building reliable node infrastructure by yourself can become a process that costs tens of thousands of dollars. Please note that the actual cost required can differ depending on various factors, such as storage size, node client types, and other relevant factors.
If you operate a full or archive node, you will need to store the entire blockchain ledger, which means that synchronizing the new node’s network status can take a considerable amount of time. For example, a full node synchronization on the Ethereum network can take around two or three days, while an archive node can take up to one to three months. The actual time required depends on the connected internet speed and environment.
As the data size of a blockchain network increases, the storage and bandwidth requirements for each node participating in the network can also increase. Moreover, a single node going down can have a significant impact on DApp service operations. In order to meet the increasing demand and minimize downtime, you may need to run multiple nodes. However, simply running multiple nodes using load balancing may result in transaction inaccuracies. This issue can be resolved by additional infrastructure, but it comes with a high cost and significant time requirements.
3. Why do you need a Node Provider?
As previously discussed, the cost and technical complexity of running your own node can be a significant burden for individual developers or small organizations. In this case, using a node provider can be a good choice.
A node provider is a service that provides the infrastructure, resources, and support required to operate a node. They are responsible for building, maintaining, and securing the nodes, allowing users to interact with the network without any technical knowledge of node operation. Using a node provider can not only save time and resources but also ensure high stability and security of the node.
The following are some of the main benefits of using a node provider:
- Simplified setup and maintenance: Setting up and maintaining a node can be complex and time-consuming. A node provider simplifies this process, allowing users to focus on their applications without worrying about the technical details of node operation.
- Enhanced security: Node providers ensure the security of the node, protecting it from hacking and other threats. This means users can trust the safety of their nodes.
- Cost savings: Running nodes requires hardware, software, and other resources, which can be time-consuming and expensive. Using a node provider can help reduce these costs.
- Improved scalability: As blockchain networks grow, or as DApps gain users, there may be a need to scale nodes. A node provider operates nodes of various clients and versions, making it easy to access a scalable node infrastructure.
- Access to additional services: Node providers offer additional services such as special purpose APIs, making it easy to implement various services on dApps.
4. Luniverse as your Portal to Web3
High Reliability: Enterprise-level Node Robustness
To ensure stable DApp service operation, a stable node is an essential and indispensable technical element. What are the factors that cause instability when running nodes? There are complex and diverse factors such as infrastructure instability, node client defects, discontinuous changes that occur during the client’s version change process, and state inconsistency issues that occur due to node locality within the network.
Based on years of blockchain infrastructure operation experience during the Web3 engine construction process, Luniverse has applied various solutions to address these issues. Based on an infrastructure environment operated by a professional operation team, Luniverse provides a node environment that can be used 24/7 through a multi-client structure, an advanced multi-version management system, and an Auto Recovery & Auto Scaling system for fault tolerance. For enterprise services, you can also choose a dedicated node environment to build an even more stable and secure network environment.
High Scalability: Auto-scaled Infrastructure with Data Consistency
The Luniverse Web3 Engine provides flexible node performance. Use an Elastic Node environment without worrying about increasing user traffic as your service grows. It is automatically connected to the appropriate infrastructure backend based on usage through an advanced monitoring system and abstracted node layer. In addition, it provides consistent data views in a flexible performance environment through Luniverse’s unique virtual mempool and Quorum-based data processing module.
Chain-Agnostic APIs: Seamless Access to Multiple Blockchain Networks
Relying on a specific blockchain protocol or network for implementation can hinder the scalability and reusability of an application. By using the Luniverse Multichain Web3 API, you can easily adapt to the rapidly changing blockchain market and respond to environmental changes with flexibility and scalability. Luniverse Multichain Web3 API is designed as a chain-agnostic API that provides integrated URLs to access various blockchain networks such as Ethereum and Polygon. By using Luniverse’s abstracted interfaces, developers can easily support multiple blockchain networks with minimal implementation and interact efficiently without in-depth technical knowledge. Through this, developers can focus on building dApps and providing enhanced solutions to users instead of consuming time and resources on the technical aspects of blockchain connectivity.
If you’re ready to take your project to the next level, Luniverse will be your essential Web3 companion.
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