Following its successful integration with Ethereum, the Blockchain data indexing protocol, the graph looks into doing the same for other cryptocurrencies
Launched on Ethereum's network in December as an indexing protocol of blockchain data, the Graph is looking into integrating eight other Layer-1 cryptocurrencies. It announced this on February 16th and stated that it was interested in foremost crypto BTC and seven others, including DOT & BSC, as well as Celo, Near Protocol, Cosmos, Solana, and Avalanche.
Major Signals
- An Indexing protocol of blockchain data, the Graph is looking into integrating eight other Layer-1 cryptocurrencies.
- It signified interest in foremost crypto Bitcoin and seven others, including Polkadot.
- Recently, it was incorporated with other DeFi protocols such as Uniswap, AAVE, etc.
The Graph is a relatively new kid on the crypto block. It started in December 2020. It is an indexing protocol and global API for organizing blockchain data. Their GraphQL makes this readily available. The primary purpose of The Graph network is to create a decentralized next-generation web3 layer that cannot be dominated.
