Deep Dive
1. Purpose and how it works
Blockchains record lots of activity, but searching that raw data can be slow and complex. The Graph indexes it, meaning it organizes information into searchable formats. Developers define subgraphs, open interfaces that let apps request specific data, such as token transfers or transaction histories. (The Graph)
2. GRT’s role
GRT is The Graph Network’s utility token. Indexers stake GRT to provide data indexing and query services; curators signal which subgraphs are useful; delegators support indexers by assigning their GRT stake to them. Apps and other users can pay query fees to access data. (CoinMarketCap)
Conclusion
The Graph is data infrastructure for blockchain apps, while GRT coordinates incentives among the people and services that keep that infrastructure running. How effectively can its network make onchain data accessible as more applications and chains use it?
