/biz/ - Business & Finance

https://thegraph.com/blog/graph-polygon

The comparison to Google is memeworthy and accurate, but even that understates the importance of GRT.

A blockchain is nothing more than a write-only distributed database that records events, usually in the form of digitally scarce “coins” used to incentivize behaviors.

If any application ever wanted to KNOW information about the database (efficiently), it was virtually impossible until about a year or two ago.

Why? Because that’s when the Graph released their hosted service. Only then could applications make arbitrary queries against what happened on the distributed network. The graph is LITERALLY directly responsible for the DeFi boom and all Web3 booms hereafter.

The Graph has introduced an ENTIRE NEW FUNCTION to blockchain itself.
>read
We can now write AND read the blockchain efficiently. And since only (((they))) will be able to “edit” the blockchain, this is the last opportunity to get in at the ground floor of a fundamental new protocol function.

Invest or stay poor.

https://cryptobriefing.com/the-graph-code-review-dapps-need-queries/

“Great code, great idea, adds real value, has a real decentralized use case.“

The GOOGLE of BLOCKCHAIN

The GOOGLE of BLOCKCHAIN
The API for APY

THE GRAAAAAAAAAPH (GRT)

What is this?

I’m bored

EVERYTHING IS PUMPING EXCEPT FOR GRT

we are back to normal fellas

GRTards!!!

Better get use to your new nickname, chaps.

.30 stablecoin edition

I keep seeing this meme that the graph test net was deflationary. Does anyone have proof?

I’ve done some napkin math on the claim. I’ll post below, the amount of queries the graph would need to be deflationary is pretty ridiculous.

>alts pump 10+%
>GRT -6%

What will happen to GRT when the VC dump happens?

Is there a precedent for this type of supply dump happening in crypto?

It’s crabbing

People are excited about the graph for good reason. The tech, the (lack of) competition, the use case, and most importantly, the network.

What people don’t appreciate so much yet is that the graph’s network is truly unprecedented for a public ICO. That’s why valuation of the project will continue to climb at an astonishing rate.

The vast majority of ICOs to date have been essentially “give us money first, and then we’ll develop a project and network.” The graph is entirely different, yet in line with traditional finance. In finance, you “start up” as a start up, get VC funding, and after you’re successful at all stages, you IPO.

This is exactly what Graph did, and that’s why you’re about to see unprecedented gains. And honestly, for a market as shilly and scammy as crypto, Graph gives me hope for the future of this industry.