How does The Graph work?
The Graph is a decentralized protocol for indexing and querying data from blockchains and storage networks.
It enables developers to build applications that can query data from the blockchain, such as decentralized finance (DeFi) applications, non-fungible tokens (NFTs), and other blockchain-based applications. The Graph works by allowing developers to create subgraphs, which are essentially collections of data that are indexed on the network. These subgraphs are created using a GraphQL-based query language, which allows developers to specify exactly what data they want to index.
Once the subgraph is created, it is stored on the network in a decentralized manner, meaning that no single entity controls it. Once the subgraph is created, users can query it using The Graph’s query language. This allows them to retrieve specific pieces of information from the blockchain or storage network quickly and efficiently.
The Graph also provides an incentive system for node operators who help maintain the network by running nodes and indexing data. These node operators are rewarded with GRT tokens for their work.