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Information about The Graph (GRT)
The Graph is a protocol that allows users to query and extract data from blockchain networks. The Graph was born out of the fact that users on blockchain platforms have difficulty using the data output from the blockchain because the format is too complicated. The Graph protocol helps classify, organize, and reprocess data so that Dapps (decentralized applications) can process it more efficiently and smoothly.
From a social perspective, The Graph can be considered an ecosystem connecting those who need to use data from the blockchain and those who provide data extraction and processing services. Let’s learn about the ecosystem of The Graph.
The Graph Token (GRT) is a cryptocurrency used in The Graph ecosystem and is used for 3 main purposes:
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