The APIS: Whitepaper Summary
The APIS white paper defines the APIS protocol, namely the internal architecture for data indexing as well as querying by APIS Nodes and Gateways along with the smart contracts deployed to the Ethereum blockchain. The white paper establishes the use of a ERC-20 API token required to participate in the network as a governor, dispute resolver, rollup validator, Node, or Gateway. In the Appendix, the white paper discusses the two most prominent API standards, REST and GraphQL, which are used in allowance of end-user API requests in both technology platforms.
APIS Protocol — Architecture
Two actors, APIS Nodes and APIS Gateways, work together to service end-user client requests. APIS Gateways interface directly with end-user clients, whereas APIS Nodes interface with APIS Gateways and themselves. The end-user clients request API endpoints from APIS Gateways in either REST or GraphQL formats while paying open-market fees to the Gateway. APIS Gateways request the same endpoint from APIS Nodes while paying open-market fees to the Node. …
About THE APIS
APIS offers a developer-friendly platform that serves as a turn-key solution for indexing and read/write operations for public blockchains, namely Ethereum and Bitcoin. Open-sourced, developers will create API packages that serve every category of blockchain applications — from DeFi to Oracle to File Storage.
👋 About THE APIS:
The APIS is an indexing protocol for reading and writing to open networks. Making APIs open and accessible to power a decentralized world.