Polygon APIs to Soon Deploy on Web3 Indexing Service The Graph
- December 8, 2022
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The Graph lets you search through data from blockchains in a few clicks. It’s ideal for making inquiries that would be difficult if not impossible to do with a blockchain or database alone.
The Graph, an indexing service, will soon add support for the Polygon blockchain.
Polygon-based applications will soon be able to run on API that is decentralized and hosted on The Graph. This means a fully encapsulated system which provides for more speed, security and stability.
A blog post on Thursday stated that joining Web3 The Graph Network could help Polygon developers find the data they need to improve the efficiency of their dapps. According to the article, Polygon node operators can play a role by becoming indexers for Polygon, allowing them to serve the decentralized applications (dapps) running on the network and earning rewards and query fees for each subgraph.
The Graph’s APIs allow it’s clients to interact with data from any blockchain even if they are not on the same network.
Projects with complex smart contracts, such as Uniswap, store data on the Ethereum blockchain. This makes it difficult to do anything more than read basic data directly from the blockchain. As a result, developers face complexities or delays in querying data from other dapps for use in their own apps.
Services like The Graph have made it easier to harvest and index blockchain data because they create “subgraphs” – a type of API structure that works like and API – that can be queried with a standard GraphQL API, an open-source language for building APIs.
Polygon is the second-most popular chain, with Ethereum being first and Gnosis following.
This new partnership with Polygon is part of a larger plan to cease our hosted service, which now supports 39 networks, and switch over to The Graph’s bespoke decentralized network Gnosis.
Earlier today, Polygon’s MATIC token was trading at over $.09 cents, up more than 5% over the last 24 hours.