Decentralized Finance (DEFI) is the opposite of a financial institute’s middleman initiative in every transaction. Defi aborted middlemen from all kinds of transactions. In other ways, The Graph protocol is a decentralized query protocol that allows users to request indexed subgraphs.
Is The Graph project good?
Since the creation of The Graph, Defi has played a vital role in the growth of The Graph. The Graph query numbers 10 billion in one month, due to the large acceptance of Defi applications. This caused significant service degradation on the Graphs hosted service (Half the Defi space use The Graph).
Where to buy The Graph tokens?
There are controversies about The Graph token not for sale and the reason not stated yet by the team. Meanwhile, early buyers bought one The Graph token at $0.3 and predict the token to hit $5 in 2021. The Graph token peaked at $25 billion in market capitalization in 2017, making “The Graph” top 4 cryptocurrency projects after BTC, Ethereum, and XRP.
Some people predict bearish, compare The Graph protocol to Chainlink (similar project), and suggests that the only means The Growth protocol will perform better than “Chainlink” is by adding more Layer 1.
A lot of people didn’t buy this token during the presale, because of fear uncertainty, and doubt, and others had low capital to invest in. So you are to expect cheap buying as they list token this month.
How to request for a subgraph?
Customers only request an indexed subgraph which takes a long time for curator signaling is the process of injecting $GRT into the binding curve for a subgraph to alarm indexers that the subgraph should be indexed. The duration of The Graph protocol will allow indexers to index the most relevant subgraph.
What are Curator and Indexer?
According to The Graph protocol—The curator uses $GRT to indicate which subgraph is valuable for indexing. There are usually developers, but they may also be end-users who support the service they rely on.
Indexer: Is the node operator of “The Graph” their motivation comes from receiving financial rewards.
The Graph project as a decentralized indexer opened a space for other developers to help the network by curating subgraphs.
Everybody is fascinated to help the Graph network attain its goals. FUD happens but a chance leads to change, keep researching about The Graph project for more information.