What is The Graph (GRT)?

Deep Dive

1. Purpose and how it works

Blockchains record transactions, but retrieving specific information from those records can be difficult. The Graph indexes blockchain data and makes it searchable through open APIs called subgraphs, which let apps request particular information, such as transaction histories or token activity. The Graph

2. What GRT does

GRT is the network’s work token. Indexers stake GRT to provide data services; curators signal which subgraphs are useful; and delegators support indexers by assigning their GRT to them. Applications can pay query fees, which help compensate network participants. CoinMarketCap

Conclusion

The Graph provides a decentralized way for applications to access organized blockchain data, while GRT helps coordinate the people and services behind it. How effectively can its network serve the data needs of future blockchain applications?null