Soon, the Polygon API will be deployed to Web3’s web service the graph. Graph is a decentralized system for proposing and querying blockchain data, starting with Ethereum. It makes it possible to query data that is difficult to query directly.
The Graph indexing service will add support for the Polygon blockchain.
Polygon-based applications will be able to run on a fully functional application programming interface (API) running on the graph, away from the current hosting service. Accessing the Web3 Network Graph will allow Polygon developers to find the data they need to improve the performance of their dapps, according to Thursday’s press release. Polygon nodes can work by becoming translators for Polygon to serve decentralized applications (dapps) running on the network. Indexers receive commissions and query fees for the micrographs they serve.
An API is a way for two or more computer programs to communicate with each other. The Graph hosting service allows dapps to record and query user data from multiple blockchains, regardless of the network they are based on.
Services with complex smart contracts like Uniswap store data on the Ethereum blockchain, which makes it difficult to read anything other than basic data directly from the blockchain. This means that developers may face confusion or delays in requesting data from other dapps for use in their own products.
Services like Graph solve this resource problem by analyzing blockchain data by creating “sub-graphs”, which work similar to APIs and can be queried with the standard GraphQL API, an open data query computer language for the API.
Polygon is the second largest supported blockchain after Ethereum and followed by Gnosis. Polygon’s merger is part of a larger plan to phase out The Graph’s proposed network, which currently supports 39 networks, in favor of The Graph’s bespoke decentralized network, Gnosis.
The MATIC Polygon token was recently trading above $0.09, up more than 5% in the last 24 hours.
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