Sirwin
Sirwin
The Graph Now Exploring Integration With Bitcoin, Polkadot, Binance Smart Chain And Other Layer-1 blockchains.

The Graph Now Exploring Integration With Bitcoin, Polkadot, Binance Smart Chain And Other Layer-1 blockchains.

By Godsplan | Crypto school | 17 Feb 2021


 

Hello everyone, today l’m here with another great news from the crypto ecosystem and this time around it’s with the crypto blockchain called The Graph, trying to explore integration with many other Layer-1 blockchain including bitcoin, Polkadot, and binance smart chain. Let’s look at what The Graph is about before we continue.

 

What We Need To Know About The Graph.

 

Just like any other blockchain with its objectives, the graph is an indexing protocol which is designed for organizing other blockchain data and making it easily accessible with the help of GraphQL. The Graph helps developers of blockchain specifies how blockchain data are structured to be consumed by app and dapp developers. Currently, developers are able to obtain most of the essential ethereum data through The Graph which includes data for Uniswap, Aave, Curve , Compound etc. Also, Apps and Dapps that are currently using The Graph includes Coingecko, Synthetix, Uniswap info and some more. Let’s now move to the integration The Graph is exploring.

 

Let’s Now Look At The Integration The Graph Is Exploring.

 

The blockchain data indexing protocol “The Graph” is now considering Bitcoin, Polkadot, Binance Smart Chain and other layer-1 blockchain after it had a successful launch on the etherum blockchain in last year December. The for my colleagues Who might be wondering what the Layer-1 blockchain means, l would say something on it. The layer-1 blockchain describe the underlying main blockchain architecture where the layer-2 blockchain lies on top.

 

After The Graph was successfully launched on the etherum blockchain in last year December, it’s now considering integrating  additional eight Layer-1 blockchains and they including bitcoin. These eight blockchains The Graph is considering include Bitcoin, Polkadot, Near Protocol, Cosmos, Solana, Avalanche, Binance Smart Chain and Celo. The Graph Foundation director “Eva Beylin also said the team is looking forward to integrating more Layer-1 blockchains in the future. This is a quote from the foundation director:

 

 

 

What l Think About Their Token And The Project As A Whole.

 

From the development the project managers are bringing into their protocol, l think the future for them will be very bright. They have their token named GRT, which they did some giveaway on the binance platform sometime ago. I started monitoring the token from then I saw it increased from $0.4 to $1 within some weeks and felt below a dollar again after some time. Surprisingly it didn’t suffer much from the crash but increased again to an ATH of about  $2.34. The last time I checked it price before writing this article it was trading around $2.04 and l’m thinking of adding it to my investment portfolio for medium term if it drops back to $1 or below.

I would also like to here your suggestion, what do you think about the future of the token “GRT” and its protocol as a whole.

 

 

 

I will now use this opportunity again to conclude my article and again thank all my readers and all the members of Publish0x for supporting me to this far. I would also appreciate any advice from any member concerning my piece l just wrote so that l improve upon my writing on the next articles.

 

Thank you all for reading my piece and remember to stay safe in this era of the pandemic…

Have a nice day!!!

 

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Godsplan
Godsplan

I'm a young guy who discovered crypto currency as a great ideal of making money and currently l'm here to share the little l learned.


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