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Rarible Multichain Protocol: A Blockchain-Agnostic Toolset for Developers
Rarible Multichain Protocol is a decentralized toolset that simplifies the way developers can work with Non-Fungible Tokens (NFTs). The protocol builds an abstraction layer for several blockchains and isolates the developer from their specifics with the Multichain SDK.
The Rarible Multichain SDK is fully blockchain-agnostic, which means that developers can work with any of the supported blockchains without having to know the specifics of each one. The list of supported blockchains can be found on the Rarible website's features page.
The Rarible Multichain SDK enables applications to easily interact with the Rarible Protocol, allowing developers to query, issue, and trade NFTs on any supported blockchain. This includes the ability to access real-time data about NFTs such as basic information, owner, creator, metadata, and transactions. The protocol also collects off-chain information such as orders for selling, bids, and auction information.
One of the key benefits of the Rarible Multichain Protocol is that it decreases the entrance level for developers. The protocol provides an easy-to-use API that can be used with frontend applications, backend server applications, and mobile apps on IOS/Android/Huawei platforms. This means that developers do not need specific knowledge to start working with the Rarible Multichain Protocol.
In addition to ease of use, the Rarible Multichain Protocol also provides high performance and reliable tools for developers. Smart-contracts for the protocol are security audited before publishing and data is indexed with a small delay between the moment it appears on the blockchain and the moment it is accessible through the protocol API. For the most performant blockchains, data is synced with up to 2 seconds delay from origin.
The Rarible Multichain Protocol also focuses on optimizing usage costs for users. For blockchains like Ethereum, where gas prices can be high, the protocol minimizes gas usage by storing up-to-date data off-chain and providing Lazy-mint functionality that does not cost gas for minters. The protocol also continuously reviews and updates smart contracts, including on-chain auctions.
In terms of monetization, the Rarible protocol enables arbitrary front-end fees, allowing creators to monetize their creations. Overall, the Rarible Multichain Protocol provides a robust and advanced tech solution for developers, without the need to create the technology from scratch.