The Graph Network ...
The Graph project, which started quietly in 2017, made a rapid entrance to the market. So what is The Graph?
The Graph is an indexing protocol for decentralized applications that allows developers to access blockchain data efficiently.
The Graph aims to query data on Ethereum and IPFS networks that support both decentralized finance and applications in the Web3 system.
The GRT token based on ERC-20 is used in The Graph ecosystem.
The Graph creates verifiable sub-graphs that define how blockchain data is retrieved, indexed, and presented.
Developers can make and publish an API called "subgraph" using GraphQL. "Subraph" is used to get blockchain data. With The Graph, data can be queried from Ethereum, IPFS and POA networks.
The Graph will allow applications to run serverless, and applications will become truly unstoppable as they no longer have to rely on a single server or database. Instead of a single server, applications have a network of nodes to keep the service running.
Those who contribute to the development of the project are rewarded with The Graph Token (GRT).
Protocol components of The Graph Network
Consumers, Consumers pay Indexers for queries. These will typically be end users but could also be web services or middleware that integrate with The Graph.
Indexers, Node operators that compete to provide the best service at the lowest price.
Curators, Individuals who organize data and signal which subgraphs are useful and accurate.
Delegators, Individuals who delegate stake to Indexers to contribute to securing the network without running a Graph Node themselves.
Fishermans, check whether the Network's response to queries is correct.
Arbitrators, decide whether an Indexer is malicious or not.
Result
It entered the market on October 22, 2020 with $ 0.03. It was listed on the Binance stock market on December 17, 2020. Over a two-month period, it increased 20 times to $ 0.6. It is useful to watch carefully GRT token, which attracts the attention of all investors.
As I always said, listen to everyone, decide for yourself ...
Take care until you meet again ...
