About the job
The Dual Nature of Blockchain
Permissionless nature often causes fragmentation in interpretation.
Decentralization results in multiple standards.
Immutability contributes to the exponential complexity of data and querying infrastructure.
Neutrality means a lack of accountability in interpretations.
While blockchain data is public, utilizing it at an institutional level poses challenges. The data is fragmented, difficult to interpret, and cumbersome to maintain. Simple queries such as identifying the largest Ethereum token holders over time require significant resources.
Blockchains: Designed for Writes, Not Reads
Blockchains are primarily built for consensus and execution, lacking in searchability and standardization. They function more like computers than databases, creating a multitude of schemas for the same economic actions. This leads to:
Fragmented standards
Exponential complexity
No accountability for interpretations
Events that lack economic significance
This fragmentation inhibits financial operations, which require a reliable system of record.
Join Allium in Revolutionizing Onchain Finance
At Allium, we are dedicated to ingesting, verifying, and standardizing data across over 140 blockchains and 30+ petabytes of historical data. We address four critical gaps that hinder blockchains from emerging as reliable systems of record:
Semantic Gap: Transforming raw events into financial concepts such as payments, trades, deposits, and staking income.
Standardization Gap: Unifying thousands of protocols into a single canonical cross-chain schema.
Infrastructure Gap: Providing read-optimized, globally distributed data at web scale.
Interpretation Gap: Ensuring accountability and clarity in financial interpretations.

