Margaux Nijkerk reports on the Ethereum protocol and L2s. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds a small amount of ETH and other altcoins.
Tegan Kline, the CEO of Edge & Node, the initial company developing The Graph, caught up with CoinDesk to give us an update on what The Graph is up to."There's really no decentralized competitor today. The biggest competition is people that are splitting it up in-house in a centralized way."The Graph organizes data in a decentralized way.
Q: Data availability – that seems to be a big topic of conversation in the Ethereum ecosystem lately – is that also needed for a protocol like The Graph?in The Graph’s ecosystem. You can kind of think of the Web3 stack as having multiple pieces. You have the blockchain at the bottom, and then one layer is the data availability layer, one layer is the indexing, and then the applications live on top of that stack. The Graph is a different part of the stack.
So Chainlink has all the data in the world, putting that on-chain. We have the on-chain data, taking that to the rest of the world. And we believe over time, more and more data will be on-chain.The Graph to organize data for their NFT marketplace: seeing how many NFT's were sold and how many are in the collection, what's the price? That's an example of that data is all pulled from The Graph.
It's the same as you would use a Comcast, as opposed to building out your own telecom line in your house. Same with The Graph: you're outsourcing that to The Graph network, so you don't have to think about it and you can just build really amazing applications.Q: Who are your competitors? Who do you bucket yourself with and what projects are most similar to The Graph?The Graph was the first to ever provide indexing for the Web3 space.
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