What is the graph and how does it work?

Graph (GRT) is a decentralized cryptocurrency with multiple use cases and a community-driven, open ecosystem that provides indexing and querying options to developers building dApps.

Graph uses blockchain technology and an advanced indexing protocol to make querying blockchain data more efficient. It is the first to enable dApps to scale Ethereum with data via smart contract transactions. Specifically, Graph uses GraphQL technology to describe the data for each API.

Graph nodes perform the first step of data aggregation. They form the backbone of the network and scan smart contracts. Graph uses GraphQL technology to describe the data of each API in more detail.

Ethereum will only allow you to get basic data from projects with complex NFTs like Cryptopunks and smart contracts like Uniswap if you try to read them directly.

One can use the Graph’s API or indexed sub-graphs to query the blockchain and more complex data faster, more efficiently and without compromising security features for decentralization.

The Graph Protocol analyzes the requested data from the Graph network and stores it in a sub-graph, then immediately sends the results back to the requesting application. Users can browse the sub-graphs of the platform using the Graph Explorer portal as Graph is built on open-source software.

Six major players in the ecosystem of graphs collaborate to access and organize data using sub-graphs. They are:

  • Consumers: Developers who need the data to build dApps. They pay a search fee and submit a search for the data.
  • Indexers: Node operators are in charge of indexing and querying the signaled sub-graph and must deploy GRTs.
  • Delegate: Contribute to network management without setting up a node by delegating indexing to the GRT.
  • Curators: Developers of sub-graphs who determine which high-quality ones are included in the graph’s index.
  • Visors: Participants who validate the correctness of query answers in the network.
  • Mediator: Help determine whether an indexer is involved in malicious activity. Decentralized administration employs intermediaries.

These participants can earn payments from the network in exchange for their contributions, but only after staking GRT. GraphQL currently enables app development and deployment on Ethereum, the Interplanetary File System and Proof-of-Authority (PoA) networks, with more networks expected to become available in the near future.

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Graph Nodes perform the first phase of data aggregation. They form the backbone of the network and scan smart contracts. The Graph uses GraphQL technology to describe the data of each API in more detail.

Ethereum will only allow you to get basic data from projects with complex NFTs, like CryptoPunks, and smart contracts, like Uniswap, if you try to read them directly.

One can use the Graph's API or indexed sub-graphs to query blockchains and more complex data faster, more efficiently and without compromising security features for decentralization.

The Graph protocol analyzes and stores data requested from The Graph Network in sub-graphs, then immediately sends the results back to the requesting application. Users can browse the sub-graphs of the platform using the Graph Explorer portal as The Graph is built on open-source software.

 

Six major players in The Graph's ecosystem collaborate to access and organize data using sub-graphs. They contain:

  • Consumers: Developers who need data to create DApps. They pay a search fee and submit a search for the data.
  • Indexers: Node operators are in charge of indexing and querying the signaled sub-graphs and must deploy GRT.
  • Delegators: Contribute to network management without setting up a node by delegating GRT to indexers.
  • Curators: Developers of sub-graphs who determine which high-quality ones are included in The Graph's index.
  • Vissers: participants who validate the correctness of query answers in the network.
  • Arbitrators: Help determine whether or not an Indexer has engaged in malicious activity. Decentralized administration assigns arbitrators.

These participants can earn payments from the network in exchange for their contributions, but only after wagering GRT. GraphQL currently enables app development and deployment on Ethereum, InterPlanetary File System, and proof-of-authority (PoA) networks, with more networks expected to become available in the near future.

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