The developers of The Graph, which serves as an indexing protocol for “organizing and efficiently accessing” data from blockchains and storage networks, have revealed that indexing and querying are now live on the Fantom Layer 1 Blockchain.

As mentioned in the update, the Fantom layer 1 blockchain now uses The Graph and Fantom developers are “now eligible for The Graph Foundation grants.”

Recently, The Graph had announced a list of layer 1 blockchains that The Graph community is planning to support. Those chains or DLT networks reportedly include Polkadot, NEAR, Solana, Celo, and they’re now adding yet another layer 1 chain to this group, which has “been fast-tracked to production on The Graph’s hosted service — Fantom, an (Ethereum Virtual Machine) EVM compatible chain.”

As the community keeps working hard while securing new blockchains for integration on a weekly basis, The Graph remains focused on further expanding the Web 3 ecosystem of developers and end-users.

Fantom developers are now able to learn how to “master” subgraphs using Graph Documentation and Fantom subgraphs will be supported through the hosted service. At present, The Graph supports Ethereum and POA, “enabling querying of data across several blockchains, which Fantom developers can now access and build with, as well as cross swap between Ethereum.”

After Fantom had requested support from The Graph team, integration was reportedly “complete in 24 hours.” Decentralized finance (DeFi) Ethereum Architect for Fantom, Andre Cronje, has confirmed the partnership, “highlighting the ease of integration the protocol UX/UI allows,” The Graph team noted.

Soon after, software engineers began launching subgraphs to create decentralized applications (dApps) on Fantom, “bridging the gap for developers to access data.”

The Graph Foundation revealed that it’s now welcoming app developers, research teams, and community members contributing to Fantom to submit applications for grants.

Grants for protocol infrastructure, tooling, dApps and “community building” will all be accepted, the Graph team noted.

They also mentioned that as developers transition from Web2 to Web3, they think the “decentralized” Internet must be “as developer-friendly as possible.” Blockchain interoperability has “continued to be a pain point for developers and as DeFi and NFT-driven apps increase, they must interact with multiple protocols and chains,” The Graph noted.

The Graph aims to solve these bottlenecks, because software engineers “only need to learn to use subgraphs instead of understanding other chains’ unique smart contract languages.”

The Graph’s hosted service “saw queries increase to over 11 billion in January 2021 and had 100x growth during 2020.” This volume and growth “represent the shift to the decentralized Internet known as Web3.”

Bitcoin, Cosmos, Avalanche, Binance Smart Chain, Flow, and other layer 1 blockchains are also “being explored for integration,” The Graph team revealed.

The Graph plans to offer support for all of the major layer 1 blockchain networks in the Web 3.0 ecosystem and aims to become the indexing and query solution of the “decentralized” Internet.

(Excerpt) Read more Here | 2021-02-27 10:53:18
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