Crypto News

Optimism And The Graph Partnership To Scale Up Ethereum



The Graph and Optimism have announced a strategic partnership, which will allow developers building decentralized applications on dApps on Optimistic Ethereum to create sub-graphs. The sub-graphs will allow them to access indexed blockchain data via The Graph. 

Helping Ethereum Scale

The Graph will provide developers building on the Optimistic Ethereum L2, indexing and querying services, helping Ethereum scale further. The Graph will be live on the hosted service along with Optimism’s public launch and will support developers in the Optimism community. 

Developers on Optimistic Ethereum are also eligible for grants through The Graph Foundation, building dApps, developing sub-graph tooling, and educational material. 

Another Important Integration 

The partnership with Optimism is another significant integration for The Graph and its community, continuously adding new chains to the hosted service. The Graph has added support for over 19 EVM-based solutions, including Polygon (Matic) integration, followed by the Arbitrum integration. 

Optimism will also be added to the list of integrations by The Graph. The integrations add the critical infrastructure that is necessary for Web3 to scale. 

Optimistic Ethereum Sub-Graphs 

An Ethereum Layer-2 scaling solution, Optimistic Ethereum uses optimistic rollups to achieve its target of lower fees, greater throughput, latency, and provide developers and users on the platform a world-class user experience. 

The Graph’s integration on Optimistic Ethereum allows developers to better access on-chain data, making it easy to create new applications and allowing developers to share open APIs, known as sub-graphs. 

Adding Value To The Graph Community

The Graph’s collaboration with Optimism adds incredible value to The Graph community. The Graph has an active community of over 20,000 developers, and the community has built over 16,000 sub-graphs for numerous applications, prominent among them being AAVE, Gnosis, Livepeer, Decentraland, Aragon, Synthetic, Balancer, Uniswap, and many others. The collaboration between the two will enable more developers to help scale Ethereum and Web3.

Director of The Graph Foundation, Eva Beylin, stated, 

“With Optimistic Ethereum supported by The Graph, developers will be able to unlock scalability and interoperability on Ethereum like never before. Building subgraphs on Optimistic Ethereum will accelerate high-quality dApp development and improve the end-user experience with efficient transactions and data access. “

The Founder and CEO of Optimism, Jing Wang, further added, 

“The Graph vastly improves data retrieval for Ethereum nodes and is a major part of many project’s toolchains. We are stoked to have critical pieces of infrastructure like The Graph to provide the best foundation possible for innovating on Ethereum.”

The Indexing And Query Layer Of the Decentralized Web 

The Graph is the query and indexing layer of the decentralized web, allowing developers to build and publish sub-graphs that applications can query through GraphQL. The Graph supports indexing data from several networks such as IPFS, Ethereum, and PoA, with many more networks in the pipeline. 

The Graph has successfully deployed over 16,000 sub-graphs, thanks to a teeming community of over 20,000 developers for several applications including Gnosis, Livepeer, Balancer, Uniswap, AAVE, Aragon, Decentraland, and several others. 

Applications on The Graph can present data efficiently and allow other developers to use the sub-graph as well. The Graph Network is overseen by The Graph Foundation, which in turn is overseen by the Technical Council. 

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.



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