Latest The Graph updates on February 22nd
Graphprotocol is a decentralised protocol that enables users to access and query data stored in the blockchain. On February 21st, Graphprotocol announced an upcoming exploratory Subgraph Signal on NFT AMM. Two days before, they shared the release of their Graphprotocol client library which now supports ESM. On the same day, a reminder was made to projects using Graphprotocol for Graph Advocates documentation. On February 18th, the protocol hit a new level, with 700 subgraphs on the decentralized network, and 4 simple steps to decentralize dapp’s data layer. The same day, Graphprotocol released the Graphcast SDK, allowing indexers to explore and query data stored in the blockchain. On February 17th, Graphprotocol Community Talk was announced to hear about Graph Cast and POI Radio. An interview was shared with AJ Warner, Chief Strategy Officer at OffchainLabs. On the same day, attention was drawn to the contributions of Dapplooker, and their Graph Advocates Spotlight Issue #30. On February 16th, RequestFinance shared how they use Graphprotocol for their payment detection. UMAprotocol announced their composability in DeFi through oSnap, SnapshotLabs + UMA. The Messari engineering team was praised for their subgraphs, and Indexer Office Hours 94 was shared. Finally, on February 15th, Graphprotocol celebrated the milestone of 2 million GRT in query fees, and urged everyone to continue building a better, faster and stronger internet together.
What is The Graph ?The Graph is a revolutionary new protocol that allows developers to access data from Ethereum and IPFS networks in an easy and secure manner. It is a decentralized indexing protocol that enables the creation of open APIs, called subgraphs, which makes data accessible to anyone with a few keystrokes.
Before The Graph, developers had to develop and operate their own indexing servers, requiring significant engineering, hardware and other resources that could not guarantee the security required for decentralization. With The Graph protocol, developers can now build powerful decentralized applications with new features that guarantee reliability, security and privacy, as well as seamless interoperability between dapps.
The Graph Network is an open network that provides the fastest and most reliable way to access data for the crypto economy. The protocol currently supports Ethereum, with plans to add support to The Graph Network with NEAR and EVM compatible chains. This means that subgraphs can be built across different chains, giving developers more choices for where to deploy their smart contracts.
The Graph is already being used to power some of the world’s best projects, such as Messari, Sushi, Snapshot and Lido. These projects are all helping to create a new era of human coordination on the internet, while providing a shared neutral foundation and reliable infrastructure.
The Graph is becoming an essential tool for developers looking to build the next generation of web3 applications. With its secure data access, powerful features and reliable infrastructure, The Graph is leading the way in building the future of decentralized applications.
This article was published on 2023-01-29 by Marc Endevor. Information shown in this article was gathered from the project’s website and Twitter account. Coinvestigate cannot guarantee the accuracy of this information, or any news that may have impacted the project in the meantime.
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The Graph is a cryptocurrency with a price of $ 0.133613 and marketcap of $ 1,187,845,157. The Graph’s market price has decreased -6.24% in the last 24 hours. It ranks 45 amongst all cryptocurrencies with daily volume of $ 71,521,835.
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