The Graph is open-sourced software designed to collect, process, and store data generated by a wide range of blockchain applications, helping users retrieve that information. Teams can create and publish query-ready APIs known as subgraphs that run searches using Graph QL. Overall, The Graph is built as an indexing protocol so blockchain data is easier to access. With simple queries, users can search for specific data related to Ethereum. This is meant to solve a problem many other blockchain indexing platforms face.

GRT is The Graph’s native ERC-20 token, serving as a medium of exchange and as a reward mechanism for participants within the network.

What are GRT key features and how does it work?

The project states it delivers fast, dependable, and secure querying. It also supports anyone creating and publishing application programming interfaces (APIs) called subgraphs. In practice, these subgraphs act as intermediaries so two applications can communicate effectively.

Data is compiled via The Graph’s Graph Nodes. These nodes continuously monitor network blocks and smart contracts for relevant information. When an application writes data to the blockchain using smart contracts, the Graph Node records that data and routes it to the correct Subgraphs.

After the Graph Node has pulled the needed information, three categories of users help structure and organize the protocol’s indexed data. These are:

Participants in these roles earn a share of network fees based on the specific tasks they perform. Other essential roles include:

What can The Graph be used for?

Once data is indexed, applications can access targeted information through queries to support their own software. For instance, Decentraland uses The Graph’s data to obtain land, accessories, and collectibles from across applications, then feeds those items into Decentraland’s marketplace so users can buy them from one central place.

Where can you buy GRT?

The Graph can be purchased on the DEXs and CEXs listed here.