Solving Web Development's Biggest Problem
The protocol technology solves the most serious problem for developers – the lack of data necessary for the correct operation of applications or decentralized applications.
The protocol allows you to create applications that do not require centralized servers and work within a public decentralized infrastructure.
With the tools provided by the protocol, developers have access to relevant data without having to build their own query services or be limited to what third parties provide.
The project has an ambitious goal – the activation of Internet applications running in a public infrastructure. Global decentralization will allow software to be resistant to failures and critical errors, as well as provide the highest degree of interoperability.
Improving the Ethereum Ecosystem
With the help of the The Graph Blockchain, programmers improve the parameters of Ethereum. Thanks to this, the ecosystem becomes more accessible to users and developers, and progress is being made in organizing quick access to data.
Solving the Blockchain Data Indexing Problem
The protocol takes a new approach to working with data from decentralized networks, offering tools designed to organize this data. Developers code subgraphs that detail how to retrieve and index information from Web3 sources. Many popular projects have already created their subgraphs.
The advantage of blockchain technology is that it allows data to be exchanged efficiently across trusted networks, providing zero downtime through an immutable and transparent platform and reducing the single point of failure.
The protocol performs calculations on data while maintaining a high degree of confidentiality, which is achieved through the use of an optimized version of secure multiparty computing.
The Graph is the "Internet of the Future" protocol, which is the next generation of the World Wide Web, giving users more control over data and digital content, as well as a greater degree of privacy.
Users need a decentralized network that allows data to be stored and indexed in a transparent manner. Out of this need, The Graph was launched in 2018. Its economy revolves around the native GRT token used to allocate resources in the system: maintaining the economic security of the network and collecting fees and rewards. GRT is an ERC-20 token running on the Ethereum blockchain.
The Graph is a decentralized protocol for indexing and querying data contained in blockchains. The protocol makes it easy for DApps developers to access data. Similar to how Google indexes the web, The Graph indexes blockchain data, but does so in a decentralized way. It collects, analyzes, stores and organizes data, making it easier for users to find information.
Ethereum is the main network backed by The Graph. The protocol also supports many other networks, the number of which is constantly growing. The Ethereum programming language is quite complex, which makes it difficult and slow to access any information on the network other than basic data.
By providing access to this data in a more accessible way, the protocol is the job of developers who need blockchain data to optimize their applications. Thus, the protocol is indispensable in the development of projects from the field of decentralized finance, non-fungible tokens and the metaverse.