Blockchain Data Indexer The Graph Launches on NEAR Blockchain

The service expands beyond blockchains that are compatible with the Ethereum network.

Oct 26, 2021 at 10:00 a.m. UTC
Updated Oct 26, 2021 at 8:12 p.m. UTC

Andrew Thurman is a tech reporter at CoinDesk with a focus on DeFi.

The Graph, a service that organizes data on blockchains to make the data easy to find, began testing its service Tuesday on the NEAR blockchain, marking the first time the product has run on a blockchain that’s not compatible with the Ethereum blockchain.

The Graph is used by developers to access data such as prices and user information. The protocol is live on 25 blockchain networks.

Tegan Kline, a co-founder of The Graph developer Edge & Node, told CoinDesk in an interview that it took “many months” to complete the integration, as The Graph has previously expanded only to blockchains that are compatible with the Ethereum blockchain.

The protocol managed to make the migration because of a grant from The Graph Foundation to blockchain data company StreamingFast, which became a core contributor to The Graph earlier in the year. The foundation distributes grants to projects that are building on The Graph.

Kline also said that developers can expect to find The Graph on other blockchains that aren’t compatible with Ethereum in the coming months, as The Graph Foundation will continue to offer grants to help the service expand.

“Wherever developers go, The Graph will be,” she added.

Meanwhile, the integration comes at an exciting time for NEAR. On Monday, the NEAR Foundation announced the launch of an $800 million grants program in collaboration with Proximity Labs, a U.K.-based technology company.

The Festival for the Decentralized World
Thursday - Sunday, June 9-12, 2022
Austin, Texas
Save a Seat Now

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Andrew Thurman is a tech reporter at CoinDesk with a focus on DeFi.

Andrew Thurman is a tech reporter at CoinDesk with a focus on DeFi.

Trending

1
Indian Central Bank Says Cryptos Could Lead to "Dollarization" of Economy: Report

RBI officials said cryptocurrencies could undermine the central bank's capacity to regulate flow of money.

RBI officials said cryptocurrencies could undermine the central bank's capacity to regulate flow of money.

2
Nigeria’s SEC Affirms All Digital Assets Are Securities in New Rulebook

Rules look to clarify crypto’s role in the economy by providing a regulatory framework.

Rules look to clarify crypto’s role in the economy by providing a regulatory framework.

3
First Mover Asia: Singapore’s Regulators Will Be Eyeing Local Crypto Companies After Terra Collapse; Bitcoin Rebounds

Terraform Labs, the Singapore-registered company behind the Terra protocol, doesn’t have a permanent office in the city-state; most major cryptos spent Sunday in the green.

Terraform Labs, the Singapore-registered company behind the Terra protocol, doesn’t have a permanent office in the city-state; most major cryptos spent Sunday in the green.

4
At Nationals Ballpark, Terra’s Bad Week Never Happened

Terra’s pricey Nationals sponsorship hasn’t made an impact on “Terra Club” workers and fans.

Terra’s pricey Nationals sponsorship hasn’t made an impact on “Terra Club” workers and fans.