🎉Good news! The Graph Foundation has successfully completed the Sunrise project, marking the official transition of The Graph, a blockchain data indexing and querying protocol, to a fully decentralized data layer. 👏
The Sunrise project is divided into three phases, in which subgraphs are upgraded from centralized hosting services to The Graph's global distributed network, which is composed of individuals incentivized by tokens and independent companies as data indexers. 🌐
Since the introduction of subgraph technology in 2018, The Graph has been actively indexing Ethereum and has now successfully indexed more than 55 chains, including Optimism, Base, Arbitrum, Avalanche, NEAR, and Cosmos. 🚀
This progress not only promotes the development of blockchain technology, but also brings new vitality to the cryptocurrency market. For us Bitcoin optimists, this is undoubtedly good news! 🎈