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Blockchain indexer The Graph says adoption is still going strong two years after the mainnet launched

Published on

December 15, 2022
Read Time:1 Minute, 23 Second

In line with information offered to Cointelegraph on Dec. 15, community progress nonetheless seems to be sturdy for blockchain indexer The Graph (GRT). Launched two years in the past, The Graph Community permits builders to simply search, index, use and publish information from public blockchains.

From November 2021 to November 2022, the overall variety of builders on The Graph (each energetic and inactive) elevated by 145% to 38,000. Throughout the identical interval, common month-to-month GRT question charges elevated by 1,191% to 354,000, whereas the overall variety of GRT queries within the decentralized community elevated by 984% to five.2 billion. Lastly, the overall variety of subgraphs, or proxies for purposes, elevated by 122% to 641 within the decentralized community over the identical interval.

Because the community's launch, over 200 indexers, 10,000 delegators and a pair of,500 curators have been added to the blockchain. Over 500 subgraphs have been migrated from the initially hosted service to the absolutely decentralized community. It presently indexes information from 39 blockchains together with Ethereum, NEAR, Arbitrum, Optimism, Polygon, Avalanche, Celo, Fantom, Moonbeam, IPFS, Cosmos Hub and extra. The full variety of subgraphs deployed in decentralized purposes has elevated from 3,800 at launch in December 2020 to 74,000 now.

Eva Beylin, Director of the Graph Basis, commented on the outcomes as follows:

“For The Graph Community's 2nd Anniversary, it's unbelievable to see our Graph Advocates organizing celebrations of their cities all over the world. As I replicate on the expansion over the previous two years, I'm overwhelmed by the Advocates' dedication to The Graph help web3's mission. This group is inspiring."

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Azeez Mustafa
Azeez began his FinTech career path in 2008 after growing interest and intrigue about market wizards and how they managed to become victorious on the battlefield of the financial world. After a decade of learning, reading and training the ins and outs of the industry, he’s now a sought after trading professional, technical/currency analyst and funds manager – as well as an author.
Last Updated : December 15, 2022
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