The integration of Polygon Network into The Graph will help developers build more decentralized and open applications and protocols.
The Graph is integrating support for the Polygon Network blockchain solution, allowing developers and users of this sidechain to use fully decentralized APIs to power their applications and protocols.
In a statement, Polygon Network developers highlighted that the integration with the Web3 indexing and query layer The Graph, which decentralizes the open data layer, will allow developers to improve the efficiency of their DApps, by being able to find, access and deploy the data they need efficiently.
Polygon is the latest blockchain to join The Graph network and become part of its indexer incentive program called MIP, which was launched in August of this year with the aim of adding support for new blockchains on the network and allowing the migration of so-called “subgraphs” to multiple chains.
Tegan Kline, founder of Edge & Node, the initial team behind the development of The Graph, manifested that the arrival of Polygon Network to The Graph consolidates the network as an even more crucial part for the construction and development of Web3.
Innovation in Polygon Network DApps
Currently, decentralized protocols such as Uniswap, Synthetix, Art Blocks, Balancer, Ethereum Name Service (ENS), and Decentraland, among others, use The Graph to solve their infrastructure problems when querying data.
Typically, since these protocols run on the Ethereum blockchain, they have difficulty querying and reading data directly from the blockchain. The Graph provides an efficient solution to this problem by helping these protocols index data using “subgraphs,” which applications can query using the open-source data query language for APIs, GraphQL.
Many of these decentralized protocols, such as Uniswap, Sushiswap, and ArtBlocks, have also been deployed on the Polygon Network blockchain ecosystem, one of the leading solutions for scaling the Ethereum network.
Polygon Node Operators as Data Indexers
On the other hand, Polygon Network developers indicated that their node operators will also be able to play an important role as data indexers on the network.
In its announcement, Polygon Network notes that node operators will be able to become indexers to serve decentralized applications running on Polygon. As indexers, node operators on this sidechain will earn rewards and query fees for the “subgraphs” they serve.
Polygon, a constantly growing blockchain ecosystem
Polygon's blockchain ecosystem is one of the fastest growing in the crypto industry today.
Recently, the decentralized metaverse The Sandbox has launched the sale of premium and desirable virtual land plots on The Galleria. The sale of these virtual land plots is the first to happen on the Polygon Network, the network’s developers informed via Twitter. According to the tweet shared, the sale of land on The Galleria will be bridged on Polygon in order to offer investors and traders transactions with very low gas fees.
In addition to this, just a few days ago, the developers of Solana’s Phantom crypto wallet announced its integration with the Polygon and Ethereum chains. Also, Solana’s largest NFT marketplace, Magic Eden, was implemented on this sidechain.
Polygon Network is considered by the crypto community to be the Gateway for big brands to Web3From Nike, to Starbucks, The Walt Disney, Instagram, Dolce & Gabbana, eBay, JPMorgan and many others have joined the innovation of blockchain technology and Web3 through the Polygon Network.
At press time, the price of MATIC, the native token of the Polygon network, is showing a 1,5% daily growth and more than 13% weekly growth, trading at around $0,92 per unit, according to CoinMarketCap.
Continue reading: Solana's Phantom wallet will be compatible with Ethereum and Polygon
