What is The Graph?

The Graph is a decentralized protocol for indexing and querying blockchain data, enabling developers to efficiently access information for building decentralized applications (dApps). Launched in December 2020 by Yaniv Tal, Brandon Ramirez, and Jannis Pohlmann, The Graph creates a global API for blockchain data, making it easily accessible through open-source APIs called subgraphs. Its native token, GRT, is used for incentivizing network participants and securing operations.

How is The Graph useful?

The Graph simplifies blockchain data retrieval, eliminating the need for centralized servers. By offering an open and decentralized indexing system, it allows developers to create and use subgraphs that can be queried via GraphQL. This improves dApp performance, speeds up access to on-chain data, and reduces infrastructure costs for developers, making blockchain applications more efficient and user-friendly.

How does The Graph work?

The protocol indexes blockchain data using subgraphs, which define how information from smart contracts is processed and stored. Key network participants include Indexers, who run nodes and serve queries; Curators, who signal valuable subgraphs; and Delegators, who stake GRT to support Indexers. The system incentivizes these roles with query fees and token rewards, ensuring a decentralized and reliable data indexing service.

The Graph milestones

• Mainnet Launch: Introduced in 2020, enabling decentralized blockchain data indexing.

• Multi-Blockchain Support: Expanded beyond Ethereum to networks like NEAR, Arbitrum, Optimism, Polygon, and Avalanche.

• GRT Token Sale & Funding: Raised $12M in a public sale and secured a $50M investment for ecosystem growth.

• Ecosystem Expansion: Hosts thousands of subgraphs, powering dApps across DeFi, NFTs, and Web3 applications.

The Graph's decentralized indexing model has become an essential part of blockchain infrastructure, enabling seamless access to on-chain data for developers and users.

Buy The Graph (GRT) on BITmarkets.