The Graph (GRT) is a decentralized, open-source indexing protocol for blockchain data.
It is designed to enable queries on the Ethereum network and other blockchains, facilitating access to data for decentralized applications (dApps).
Main features:
Decentralization: The Graph operates without a central authority, allowing anyone to create and publish subgraphs, which are open APIs for extracting data from the blockchain.
Query efficiency: Uses the GraphQL query language, allowing developers to access data quickly and efficiently.
Growing Ecosystem: Thousands of developers rely on The Graph to create first-class user experiences, with a rich ecosystem of community-created subgraphs.
Utilities:
dApp Development: Makes it easy for developers to build decentralized applications that require efficient access to blockchain data.
Decentralized Finance (DeFi): Enables the creation of DeFi platforms that operate on the Ethereum network and other blockchains, offering financial services without intermediaries.
Data Analytics: Provides tools to analyze and visualize blockchain data, supporting informed decision making.
Whitepaper:
The Graph whitepaper is available on its official website.
The Graph (GRT) annual price evolution:
Here is a list of the approximate price of GRT at the end of each year since its launch:
2020: $0.35
2021: $0.65
2022: $0.10
2023: $0.15
2024: $0.25 (as of November 23)
* Designed to act as a query medium on the blockchain, something quite interesting to get along with, but to appreciate it you have to go deeper *
