GRT: everything you need to know
GRT is a token that powers The Graph, a decentralised indexing protocol used by blockchains such as Ethereum.
In a similar way to how search engines such as Google index the Internet, Graph protocol indexes blockchain data, grouping it into subgraphs on open application programming interfaces (API) that anyone can query via GraphQL, Graph’s programming language.
Subgraphs can be then composed into a global graph of all the public information. This data can be transformed, organised and shared across applications, enabling users to make a search using GRT tokens.
The Graph platform makes it easy to search for blockchain data through simple queries.
“Before The Graph, teams had to develop and operate proprietary indexing servers,” Graph says on its website. “This required significant engineering and hardware resources and broke the important security properties required for decentralisation.”
Currently, The Graph supports nine networks, including Ethereum, Polygon, CELO and BSC.
GRT is a token that powers The Graph, a decentralised indexing protocol used by blockchains such as Ethereum.
In a similar way to how search engines such as Google index the Internet, Graph protocol indexes blockchain data, grouping it into subgraphs on open application programming interfaces (API) that anyone can query via GraphQL, Graph’s programming language.
Subgraphs can be then composed into a global graph of all the public information. This data can be transformed, organised and shared across applications, enabling users to make a search using GRT tokens.
The Graph platform makes it easy to search for blockchain data through simple queries.
“Before The Graph, teams had to develop and operate proprietary indexing servers,” Graph says on its website. “This required significant engineering and hardware resources and broke the important security properties required for decentralisation.”
Currently, The Graph supports nine networks, including Ethereum, Polygon, CELO and BSC.