Are you looking for an honest the Graph Review? Search no more because, in this article, we will be reviewing the Graph honestly, we will also explain how it works, its pros and cons, and everything you need to know about the platform
What is The Graph | The Graph Review
According to the information on the Graph,
The Graph is an indexing protocol for querying networks like Ethereum and IPFS. Anyone can build and publish open APIs, called subgraphs, making data easily accessible.
The Graph Token (GRT)
GRT is the token use in the graph system, is its native ERC-20-based token which serves as an exchange medium and also a reward for participant of the community that acts as indexers, curators, and delegators.
Now you could be wondering who an indexer, curator and delegator is, below is the explanaton.
Indexers are node operators in The Graph Network that stake Graph Tokens (GRT) in order to provide indexing and query processing services. Indexers earn query fees and indexing rewards for their services. They also earn from a Rebate Pool that is shared with all network contributors proportional to their work, following the Cobbs-Douglas Rebate Function.
Curators are subgraph developers, data consumers or community members who signal to Indexers which subgraphs (APIs) should be indexed by The Graph Network. Curators deposit GRT into a bonding curve to signal on a specific subgraph and earn a portion of query fees for the subgraphs they signal on; incentivizing the highest quality data sources.
Delegators are individuals who delegate stake to Indexers to contribute to securing the network without running a Graph Node themselves. By delegating to Indexers, Delegators earn a portion of query fees and rewards earned by that Indexer. Delegators select Indexers based on their performance on measures like query fee rates, past slashing and uptime as well as delegator parameters like the cut of fees and rewards from the Indexer.
The video below would help you understand delegation better
The Graph Features
Own your identity, data, and reputation
Guaranteed to run forever on reliable public infrastructure
Seamlessly switch between dApps
Programmable money and financial contracts
Safe, secure, and private
Transparent rules that people have a voice in
How The Grpah Works
According to securities.io
Graph employs a combination of blockchain tech and advanced indexing protocols to improve querying blockchain data. Specifically, it relies on GraphQL technology to provide a complete description of the data in each API. Anyone can use the Graph Explorer portal to scan through the subgraphs on the platform.
Who is the Owner of The Graph?
The owner of the the Graph company is known on the internet which is a good indication of the legitimacy of the website.
Because, one of the conditions for a legit website is that it must contain the owner’s information so that someone can be held responsible if anything goes wrong.
Yaniv Tal is the CEO of The Graph.
Read also: Top 5 Earning website
How to Buy Graph (GRT)
Below are the some of the list of platforms that you can buy graph (GRT ) from.
Follow the steps below to buy GRT
- On your preferred platform,
- Convert your Fiat currency to either Bitcoin or Ethereum or one of the network’s native tokens first.
- Now select the amount of GRT you want to buy
- Finally, Exchange your Crypto (Bitcoin etc) for it.
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