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Just as web2 needs Google to index data, which makes the data more organized and accessible, web3 also needs a protocol to help weave all the data in the blockchains together, so end users can easily query for data. This is where The Graph with its indexing abilities comes in. The search engine of tomorrow, The Graph has the potential to impact the future of all decentralized networks and cryptocurrencies.
The Graph is a decentralized protocol used to index and query data from the Ethereum blockchain, EVM-compatible chains and Layer 2 chains. Currently, The Graph supports 31 blockchain networks including Fantom, Cosmos and Arbitrum. The data is extracted, processed and stored by open-source application programming interfaces (APIs) called subgraphs.
Subgraphs are indexes for a specific query that form part of a global graph of blockchain data. They can be transferred to enable all the developers to query data with a few clicks using GraphQL, The Graph’s programming language.