On-Chain Data Indexing Platform, The Graph (GRT), Looks to Support Eight New Layer 1 Blockchains

2021-2-17 21:50

A blog post released on Monday revealed eight-layer 1 technologies being evaluated by The Graph for “potential integration.” The querying and indexing platform launched its mainnet on Ethereum at the tail end of 2020, building a robust and decentralized system on the Inter-Planetary File System (IPFS). Now, the company is shifting its focus to allow the deployment of sub-graphs (open APIs in the Web3 ecosystem) on other blockchains.

The list provided mentions eight potential L1 layer candidates to integrate The Graph (GRT), including Bitcoin (BTC), Polkadot (DOT), NEAR, Cosmos (ATOM), Solana (SOL), Avalanche (AVAX), Binance Smart Chain, and Celo.

The Graph was first conceptualized in 2018 to make it easy and efficient for developers to access on-chain data and build dApps by launching their sub-graph. Moving to new L1 blockchains will allow users and developers to build interoperable applications hence “growing the overall Web3 ecosystem”, the post further reads.

“After launching mainnet, we are looking to accelerate the upward trajectory of the Web3 ecosystem”

“That means ensuring that no matter which Layer 1 blockchain you are building on, you can build a subgraph and easily access data from across chains”.

Eva Beylin Director at The Graph Foundation

The company is still analyzing the conditions necessary to integrate its indexing platform to the Layer 1 blockchains – and the respective developer communities. The Graph is planning to use several criteria to integrate on a blockchain, including ease of integration, the communities’ hype and rigor, compatibility with its goals, and overall contribution to the Web3 ecosystem.

So far, over 7,000 sub-graphs have been deployed by decentralized finance products on Ethereum (ETH), including AAVE, Compound (COMP), Synthetix (SNX), and Uniswap (UNI). These projects use sub-graphs to retrieve data improving the efficiency of the platforms.

“By providing subgraph support across chains, developers will be able to utilize the best of whatever each blockchain has to offer,” Eva further said.

Finally, the post also revealed the Graph Foundation is launching the “Graph Grants Program” to any developers working on integrating the selected Layer 1 blockchains on its platform. The Foundation released 25 million GRT – The Graph’s native tokens – to be distributed across the Graph’s ecosystem across 2021.

The post On-Chain Data Indexing Platform, The Graph (GRT), Looks to Support Eight New Layer 1 Blockchains first appeared on BitcoinExchangeGuide. origin »

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layer blockchains indexing eight graph working integration

Источник: bitcoinexchangeguide.com

layer blockchains → Результатов: 38


Sidechains vs Plasma vs Sharding

Special thanks to Jinglan Wang for review and feedback One question that often comes up is: how exactly is sharding different from sidechains or Plasma? All three architectures seem to involve a hub-and-spoke architecture with a central “main chain” that serves as the consensus backbone of the system, and a set of “child” chains containing actual user-level transactions.

2019-6-14 04:03


What is Celer Network (CELR)? Complete Review and Guide For Beginners

Off-chain scaling has been one of the more popular solutions that are being considered for the issue of low throughputs on modern decentralized blockchains. Second layer platforms that would take most of the load off the actual blockchain can create an environment where it’s possible to exchange cryptocurrency in a fast, easy, and secure manner.

2019-3-29 03:13


Фото:

Op Ed: With Bitcoin, Anarchy Is the Point, Not the Problem

Last week, there was a panel at SXSW that was effectively a debate on the merits of permissioned blockchains versus permissionless systems like Bitcoin. I listened to the entire audio of the panel discussion, after Programming Bitcoin author Jimmy Song tweeted it out the other day, and I thought he did an awesome job of pointing out the key value proposition of Bitcoin and why it is not worth comparing to permissioned systems.

2019-3-23 17:29


Nervos ICO

Nervos is network of scalable and interoperable blockchains built on top of an open network, built for the enterprise. It has its own public permissionless blockchain as the base layer protocol, which is called the Nervos Common Knowledge Base (CKB).

2018-7-30 19:33


Notes on Blockchain Governance

In which I argue that “tightly coupled” on-chain voting is overrated, the status quo of “informal governance” as practiced by Bitcoin, Bitcoin Cash, Ethereum, Zcash and similar systems is much less bad than commonly thought, that people who think that the purpose of blockchains is to completely expunge soft mushy human intuitions and feelings in favor of completely algorithmic governance (emphasis on “completely”) are absolutely crazy, and loosely coupled voting as done by Carbonvotes and similar systems is underrated, as well as describe what framework should be used when thinking about blockchain governance in the first place.

2018-7-21 23:03


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