ArchiveNode.io, the Ethereum mainnet archive node service, announces its closure, adding that the project has been a success.
On April 4, ArchiveNode.io announced that it would be shutting down after more than three years of providing free archive node services to the Ethereum mainnet. developers, students and researchers.
An Ethereum archive node is an instance of an Ethereum client configured to build an archive of all historical states. This type of node is a useful tool for querying historical blockchain data that is not accessible in full nodes.
While we appreciate everyone’s support over the years, it’s time for ArchiveNode to hang it up and say gm for the last time.
This isn’t a sad ending, but a happy one – we just aren’t needed anymore, and are shutting down.
gm and gn. https://t.co/truuXmDgbT
— Archive Node (@ArchiveNode) April 3, 2023
While we appreciate everyone’s support over the years, it’s time for ArchiveNode to shut down and say gm one last time. It is not a sad ending, but a happy one: they no longer need us and we are going to close. gm and gn.
Besides, Archive Nodes are not required to participate in block validation, so in theory they can be built from scratch; however, they require a much larger storage capacity.
The announcement was made by “DeFi Dude”, who started the project and claimed that it was shutting down because “we have been successful”, adding:
“Our service is no longer necessary and today there are other alternatives that did not exist when we started.”
He added that no one was managing Archive Nodes when the project started. The only option was to pay the Ethereum infrastructure provider Infura USD 250 per month to access the archive data.
The goal of the project was “to put archive data in the hands of developers, students, and researchers who want to create interesting things, but don’t have the time, money, or resources to run their own archive node.”
confirmed that the project was never “for profit”.
He added that there is currently a robust market for remote procedure call (RPC) providers that offer access to file data, making the project obsolete.
ArchiveNode.io thanked the Ethereum Foundation for its seed grant of $10,000 in Amazon Web Services (AWS) credits to get the project off the ground.
According to a Cointelegraph report from August, just three centralized cloud providers account for more than two-thirds of Ethereum nodes. More than half of the total nodes were hosted on AWS, according to the data of that time.
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