The Graph

The Graph is an index protocol used to query networks such as Ethereum and IPFS. Anyone can establish and publish an open API, called subgraph, to make data easy to access.

The Graph subgraph can form a global map of all public information in the world. These data can be transformed, organized, and shared in different applications. Anyone can query by pressing a few keys.

Before the Graph came out, the team had to develop and operate a proprietary index server. This requires a large amount of engineering and hardware resources and destroys the important security attributes required for decentralization.

All data is stored and processed on the open network, with verifiability. The Graph makes querying these data fast, reliable and secure.

How does Graph (GRT) Work?

When an application adds data to the blockchain through a smart contract, the Graph node will add the data in these new blocks to the corresponding sub Graph. After the Graph node extracts information, there are three types of users that help organize the data in the protocol, including:

Curator - subgraph developers who evaluate which subgraphs are of high quality and need to be indexed by the Graph. Importantly, curators assign GRT to the subgraphs they believe.

Indexer - the node operator is responsible for providing indexing and query services for the marked subgraph, and must distribute GRT to provide these services.

Delegate - delegates the GRT to the indexer to contribute to the functions of the network without installing nodes.

According to their roles, all users will receive a part of the network fees from their work. Applications can then easily access this data, and these applications help them run the software by using queries. For example, Decentraland accesses the Graph's information to find land, fixtures, and collectibles in the application and bring them to its market, allowing users to purchase them from a central location.

What is Graph (GRT)?

The Graph is an index protocol for decentralized applications, which allows developers to efficiently access blockchain data. Developers can define how to obtain, index and provide blockchain data in a verifiable way by building sub graphs.

Graph cryptocurrency is open-source software used to collect, process and store data from various blockchain applications to facilitate information retrieval. The Graph was originally released on the Ethereum blockchain. Its mission is to help developers use relevant data to improve the efficiency of their decentralized applications (dapps).

The Graph analyzes and collects blockchain data, and then stores it in various indexes called subgraphs, allowing any application to send queries to its protocols and receive instant responses. Queries are done by dapps through GraphQL, a widely used language originally created by Facebook to collect data from users' news feeds. Graphical users (called indexers and delegates) who provide services to the network help process data and deliver it to end users and applications.

Graph's native cryptocurrency GRT is used to ensure the integrity of protected data on the network. Any user, whether an indexer, curator or a trustee, must bet on GRT to perform its functions and collect fees from the network in return.

Graph is being used by popular Ethereum dapps, such as AAVE, Curve and uniswap. Users who want to keep in touch with the current development of the Graph can bookmark their official blog to get updated details.

Graph (GRT) Crypto Wallet

In addition to placing GRT in the Gate.io exchange to facilitate trading, GRT can also be placed in a crypto wallet.

One of the best places to store the Graph (GRT) is a crypto hardware wallet made by Ledger or Trezor. A Hardware wallet uses extremely high-end encryption technology to protect your funds from complex network attacks and even simple phishing scams that users may encounter when they deposit their funds in software or website wallets. Hardware wallets even allow users to recover money through mnemonic phrases to prevent the wallet from being stolen, damaged or otherwise damaged.

Both Ledger and Trezor have entry-level models, selling at approximately $50 to $60. Ledger Nano S and Trezor One are the most cost-effective all-round products. Both hardware wallets can store the Graph (GRT) to keep it offline and secure.

Trust Wallet is one of the most popular wallets among traders and investors. It is a good place to store the Graph (GRT). If you are just starting to use cryptocurrency, or just looking for a place to store GRT on a secure device, mobile wallets may be appropriate because they provide convenience, security and backup options.

Graph (GRT) can be stored in Atomic Wallet, which is a wallet that supports Android, iOS and multiple desktop versions. Atomic Wallet supports more than 300 cryptocurrencies, including GRT and all other ERC20 and BEP2 tokens. Atomic Wallet also provides Atomic Swaps and a built-in Exchange, which users can use to exchange back and forth among all supported assets, including the Graph.

Providing mobile and desktop wallets is very convenient, but it may not be very safe, because the team must ensure that all versions are free of vulnerabilities. We believe that you must only install desktop wallets on clean, secure machines that have little access to the Internet. Since malware is not common on mobile operating systems, some people generally think that mobile wallets are more secure.

You can also store the Graph (GRT) in one of the most trusted and proven wallets - MyEtherWallet. All ERC20 tokens, including the Graph (GRT), can be stored on the Ethereum blockchain using MyEtherWallet without downloading any client or software.

MyEtherWallet provides traders and investors with a web-based solution that allows them to log in from anywhere. Although users need to be cautious about phishing attempts through fake copies of websites, through secure devices and Internet connections, you can use your Ledger or Trezor hardware wallet, mnemonics or various other login methods to access your funds.