Indexing and querying layer, The Graph, has integrated with decentralized smart contract platform, Avalanche. Developers building on Avalanche can now query custom on-chain data requests without running a full node using subgraphs.
Over 9000 subgraphs have been deployed as of February 2021, with many more coming online as The Graph expands its support across layer-1 blockchains.
Web3 Community Enjoys Expanded Access
The Web3 developer community has taken account of the expanded access to blockchain data. The Graph’s hosted service saw its queries increase to over 11 billion in January 2021, a 100x growth from 2020.
The growth is reflected in Avalanche too. The Avalanche-Ethereum Bridge (AEB) was launched in February 2021. Since then, smart contract activity on the platform boomed: transactions increased by 2,007% to over 1,140,000, and unique wallets increased by 2,834% to top 63,000.
How Does Decentralized Indexing Help?
The Graph decentralizes the API and query layers of Web3 completely. Developers can index, map, and query on-chain data with subgraphs (open APIs) using the native query language of the protocol, GraphQL, without running local or hosted nodes.
Instead, the subgraphs are deployed to a registry, and indexers who take and run a Graph node will index the subgraph. This allows users to create and deploy a subgraph and earn $GRT, The Graph’s native token, as a reward for running their node. There are no centralized intermediaries that control this process end-to-end.
Data is thus open and accessible to all who participate in the network. Developers will benefit from lower costs and shorter times in development as indexing blockchains has fewer participants. There’s also more trust as a decentralized network of nodes maintains subgraphs. The higher the number of nodes, the stronger the network gets.
How Does The Integration Help dApps Developers?
Developers of dApps can now create high-performance applications using the combination of power, speed, and ease of use provided by The Graph’s support of Avalanche. Applications deployed on Avalanche will gain near-instant transaction finality and thousands of transactions per second.
Meanwhile, developers using The Graph’s customizable queries gain complete control over their use of on-chain data. The Graph has a large and diverse set of subgraphs that will aid seamless interactions with other blockchains.
Developers can secure on-chain data with Avalanche and build an off-chain ecosystem using The Graph in a fully trustless manner. Avalanche and The Graph aim at improving developer infrastructure and tooling to accelerate towards a more decentralized future that benefits dApp developers and end-users.
About The Graph
The Graph is the indexing and query layer of the decentralized web, where developers build and publish open APIs, called subgraphs. Applications can query the subgraphs using GraphQL. The Graph currently supports indexing data from Ethereum, IPFS, and PoA.
18,000-lifetime developers have deployed over 10,000 subgraphs for applications such as Uniswap, Synthetix, Aragon, Gnosis, Balancer, Livepeer, DAOstack, AAVE, Decentraland, and many others.
About Avalanche
Avalanche is an open-source platform for launching highly decentralized applications, new financial primitives, and new interoperable blockchains, bridging all blockchain platforms together under one interoperable ecosystem.
Avalanche is designed to help users build their custom blockchain or digitize any assets with arbitrarily complex rulesets. It uses a consensus agreement framework and a smart contract platform that help confirm deals within one second. The platform also supports the Ethereum development kit's full content, making millions of complete block producers possible.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
