The Graph, his role in Web3 and the one curator’s life
By: Vova Ryabov
Tags: GraphQL, Web3, Ethereum, Blockchain, The Graph

The Graph, his role in Web3 and the one curator’s life

Web3 concept is the synergy of data and money flows and the new kind of data/money evaluation, it’s an Internet of decentralized apps that’s built on top of blockchains. The network will be decentralized in terms of data distribution and governance but centralized around each of us in terms of needs and possibilities. Vova Ryabov Dec 21, 2020·3 min read

Decentralized infrastructure — that’s a goal of The Graph project and Web3 as a platform. I hope that in the near future every industry will migrate to Web3. Every meaningful data should be indexed, that’s why it’s so important and critical to deliver the indexing and query layer of the decentralized web.

The Graph helps dApps to integrate and use information from the blockchain in the way it needs, creating a scalable marketplace of robust and high-availability blockchain data indexes. The Graph allows developers to make complex queries to a robust and high-availability data infrastructure. There will be a huge amount of applications: DeFi (derivatives, options, banks, interest-earning and lending platforms), games, voting polls, DAOs and prediction markets, news/data verification, social dApps. And in a bright future all data will be on Web3, of course. Interaction with blockchain data will be much more convenient with The Graph.

There are many valuable subgraphs by now, for example: Aragon subgraph indexes data for high level contracts (and every DAO has or will have its own subgraph); Synthetix has four bundled subgraphs to query the events and entities within the Synthetix system; Uniswap subgraph tracks any exchange, any user of the protocol and any transaction of the protocol; Decentraland subgraph indexes many contracts (LandRegistry, LegacyMarketplace, MortgageManager etc) but has a lot of Information that has not been added yet (tons of data on mainnet); Gnosis Protocol subgraph indexes data about Batch auctions, Multidimensional order books with ring trades, and Uniform clearing prices in every batch; and many more await for creating, deploying and indexing… Curators should choose only high-quality, complete and relevant subgraphs for notifying indexers. The data should be useful and valuable to the community. If it’s so, the curator should signal on subgraphs by staking GRT on it. Indexers (node operators) select subgraphs to index based on the subgraph’s curation signal and delegators can delegate stake to Indexers to contribute to securing the network without running a Graph Node themselves.

P.S.

I am a participant of The Graph’s Curator Program and I learned a lot during 4 phases of curation. I became familiar with blockchain data and subgraphs. I learned how to add, claim, challenge or vote on projects on Everest (decentralized projects registry). Now I can evaluate subgraphs and also create my own (I have a plan for creating and developing one for our laboratory). I not only learned a lot, but also became very interested in continuing to study the project and Web3. I really appreciate the team of the project and the whole magical community. Learning and working together was a wonderful experience. And I would like to continue this journey…

P.P.S.

See you here ;)