What is The Graph (GRT)?

The Graph (GRT) is one of the most popular and influential indexing protocols, which is open-source and decentralized based on blockchain data.

In the same way, as Google indexes the websites, Blockchain indexes the blockchain data gathered from blockchain networks like Ethereum. Everyone has access to this data through APIs called subgraphs.

Searching for Ethereum data is also possible using The Graph (GRT). It solves a problem that a lot of blockchain indexers face. It is difficult for applications built on blockchain to comply with properties such as finality and reorganizing chains.

However, The Graph seeks to address these issues. An integral part of The Graph (GRT) is its ability to maintain data integrity across the network.

The network will reward users with fees if they stake GRT in their roles. Several popular Ethereum Dapps have embraced The Graph, including AAVE.

Who Created The Graph (GRT)?

Brandon, Yaniv Tal and Jannis launched The Graph (GRT) in 2018. Previously, they collaborated on several start-up projects focused on developing developer tools.

Yaniv’s experience developing dApps on Ethereum inspired The Graph. With the help of his team, Yaniv Tal founded The Graph intending to build and launch a decentralized app and indexing platform since no such platform existed at that point.

In 2020, they also introduced The Graph mainnet to promote the complete decentralization of apps, resulting in more subgraphs appearing on the network.

How Does The Graph (GRT) Work?

The Graph Network is a mediator between blockchains and Dapps to make them more compatible. Using GraphQL, The Graph facilitates secure and efficient communication between the two.

Among the Network users are those who need their queries processed and those willing to pay. Consequently, several indexers and curators take care of everything on the back end.

GRT stakeholders among these users support node operators and respond to queries. But, users must own GRT tokens to operate nodes, and that’s where tokens play a role.

With graph networks, users get a share of resources, facilitating the maintenance of the network. As a result, it processes queries faster, improves the APIs and so forth.

Like Ethereum, users can use The Graph Network to conduct transactions on the network, and the GRT token enables these transactions.

Besides its value within The Graph ecosystem, GRT also has a limited amount of utility outside of it. It is why it has value, and investors should consider adding it to their wallets.

Is The Graph (GRT) a Good Investment?

Undoubtedly, investing in GRT in 2022 will be a good decision. Most crypto investors might consider this token. The Graph’s mission is to provide reliable and low-cost public infrastructure based on a decentralized model to the general public.

By using The Graph Token (GRT), The Graph Network ensures economic security and data integrity. The GRT token serves as a token of exchange for users, allowing them to deliver indexing and curation solutions.

This project aims to develop a platform where everyone can access Web3 and develop Dapps independently of servers and centralized authorities.