⚒ | The Graph
Last updated
Last updated
The Graph is a decentralized protocol for indexing and querying blockchain data. The Graph makes it possible to query data that is difficult to query directly. The Graph solves this with a decentralized protocol that indexes and enables the performant and efficient querying of blockchain data. These APIs (indexed "subgraphs") can then be queried with a standard GraphQL API. Today, there is a hosted service as well as a decentralized protocol with the same capabilities. Both are backed by the open source implementation of Graph Node.
The Graph Network consists of Indexers, Curators and Delegators that provide services to the network, and serve data to Web3 applications. Consumers use the applications and consume the data. To ensure economic security of The Graph Network and the integrity of data being queried, participants stake and use Graph Tokens (GRT). GRT is a work utility token that is an ERC-20 used to allocate resources in the network. Active Indexers, Curators and Delegators can provide services and earn income from the network, proportional to the amount of work they perform and their GRT stake.