proxy pfp
proxy
@proxystudio.eth
I hate that the whole industry relies on centralized front ends like coingecko & dexscreener Proxy’s circulating token supply, the vesting contracts & their terms are all onchain - but I guess dexscreener needs $300 for users to know that?
21 replies
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51 reactions

Caden pfp
Caden
@cbxm
a decentralized dexscreener would still cost money to run. dexscreener isn't just a frontend, either. they're storing historical data (sometimes down to this second!) for every token they track, and indexing pretty much every single chain. and decentralization would increase cost, not make it free. we decentralize for security and credible neutrality, not data storage and raw compute. plus, a frontend that can read the chain directly would be SLOW (as every token lookup would require a query to the RPC for every block since deployment) and EXPENSIVE (for the same reason). centralization is for speed and convenience. reading onchain data is neither. dexscreener isn't going away until that changes, and, frankly, work should be compensated.
2 replies
1 recast
11 reactions

Cassie Heart pfp
Cassie Heart
@cassie
I disagree, decentralization can serve storage and general compute, it just can't do so effectively or efficiently on networks like Ethereum or Solana. There are approaches that can make this competitive with centralized providers, potentially even faster than, depending on what tradeoffs you're willing to make.
0 reply
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4 reactions