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Blockchain Data Expands Accessibility as The Graph Launches Its Mainnet

By | December 24, 2020

The Graph Network has reportedly made its mainnet available, offering simplified data searching, index, usage and publishing from public blockchains

Specifically, Graph Network – the international network of open APIs – reportedly believed it has the power to bring down development time of decentralized applications, from months to a matter of days. 

The release was reportedly carried out successfully via an international and open network of Application Programming Interfaces (APIs), dubbed subgraphs. 

Public blockchains transparency is reportedly normally admired, but despite carrying a vast array of useful data, querying them for data is not a simple task. The Graph’s business development lead Tegan Kline reportedly referred to it as “kind of like the web without Google.”

At the moment, there is a wide range of analytical solutions, supporting extracting useful information from blockchain data, but they function in a centralized manner, and the required time to design will be a matter of months. 

“The Graph is not an analytics company. We expect analytics companies to spin up on The Graph, as The Graph allows them to easily pull data from the blockchain. You can think of The Graph as an open data layer on top of the blockchain.” Kline reportedly remarked. 

Numerous initiatives have been utilizing The Graph in its pre-mainnet “hosted” form reportedly include Uniswap, Aave, Synthetix, CoinMarketCap, Chainlink and CoinGecko. Particularly, over 3800 subgraphs functional at the moment include 21 of the top 25 DeFi apps.

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