Covalent Launches the EWM Light Client Testnet to Safeguard Ethereum’s Historical Data

cryptonews.com:

Covalent is excited to announce the launch of its Ethereum Wayback Machine (EWM) Light Client Testnet, a key initiative designed to protect Ethereum’s decentralized and trustless nature as it continues to scale. The light client allows participants to help secure Ethereum’s historical data, ensuring long-term availability without relying on centralized entities.

As Ethereum evolves, shedding historical data has become necessary for scalability. However, this creates a risk of centralization, where only a few entities control access to the network’s past. Covalent’s EWM Light Client offers a decentralized solution, allowing anyone to validate and verify Ethereum’s historical data, all from their laptop.

The testnet is now live, offering exclusive rewards to those who participate and help validate and preserve Ethereum’s history. Participants will also have guaranteed access to the upcoming mainnet phase, where rewards of 20-25% APY are expected. This is a unique opportunity for blockchain enthusiasts to ensure Ethereum’s history remains accessible and transparent for future generations.

Covalent will be contacting the verified participants in batches. Those who signed up for the waitlist are encouraged to check their inbox for further instructions. Additional emails will be sent in the upcoming days.

For more information regarding the EWM Light Client, visit here.

Covalent is the leading modular data infrastructure layer dedicated to solving major challenges in blockchain and AI, including verifiability, decentralized AI inference, and Long-Term Data Availability. Its large reservoir of structured, verifiable data enhances decentralized training and inference, reducing the risk of manipulated or biased AI models.

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