Covalent launches EWM light client, ensuring Ethereum's accessibility by saving historical data

A recent article pointed out that Ethereum's original vision is at risk, with the network deviating from its initial intent and pursuing faster execution speeds and a "super stable currency" narrative. As the ecosystem develops slowly, competition from blockchains such as Solana and Bitcoin intensifies, raising important questions about whether Ethereum has lost its direction.

In response to this challenge, Covalent Network (CXT) has launched a testnet for the Ethereum Time Machine (EWM) light client. EWM aims to protect Ethereum's historical data, ensuring that it remains decentralized and accessible even when old data is cleared from the network. The testnet is now live, allowing participants to maintain Ethereum's decentralized nature by enhancing long-term data availability.

As a leading modular data infrastructure layer, Covalent Network (CXT) is committed to addressing key challenges in blockchain and AI fields. Its provision of structured, verifiable data helps reduce risks of AI models being manipulated or biased. Currently trusted by over 3000 organizations, Covalent provides unrestricted on-chain data access from more than 200 blockchains for sectors like AI, DeFi, GameFi etc.