๐ Unlocking Web 3.0: The Graph (GRT) - Empowering Decentralized Data Access! ๐
FOLLOW @HOLD-IT
๐ What is The Graph (GRT)?
The Graph is a decentralized protocol designed to collect and organize blockchain data without intermediaries.
๐ค Founders and History
Founded in 2018 by Yaniv Tal, Brandon Ramirez, and Jannis Pohlmann, The Graph aims to simplify dApp development on Ethereum.
๐ How Does The Graph Work?
The protocol utilizes Graph Nodes to index data, creating subgraphs for dApps. Participants use GRT tokens to access and contribute to the network.
๐ก Unique Features
The Graph is the first decentralized marketplace for querying and indexing blockchain data, empowering developers and fostering a robust ecosystem.
๐ผ Value Proposition and Market Dynamics
The Graph's value lies in its innovative approach to data indexing and querying, with factors like adoption and market sentiment influencing its performance.
๐ฐ Circulating Supply and Market Performance
With a total supply of 10 billion GRT tokens, The Graph's market performance reflects its rank, market capitalization, and historical data.
๐ Securing The Graph Network
The network relies on a decentralized network of indexers, curators, and delegators to ensure security through a Proof-of-Stake mechanism.
๐ Conclusion
As a pioneering project in decentralized data indexing, The Graph drives forward the vision of Web 3.0 and decentralized application development.
