Bankless AMA with Yaniv Tal, Project Lead at Graph Protocol
Jan 28, 2021
Yaniv Tal, Project Lead at The Graph Protocol, shares insights on blockchain data indexing. He discusses how The Graph enhances decentralized finance and Web3 ecosystems, comparing its efficiency to traditional search engines. The conversation dives into the complexities of decentralized indexing and the balance between user choice and technical challenges. Yaniv also reflects on the evolution of blockchain since 2017, emphasizing the growing need for decentralized applications and the role of community in shaping the future of finance.
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The Graph's Function
- The Graph is a decentralized indexing protocol, organizing blockchain data like a table of contents for a book.
- This makes data easily accessible for dApps, eliminating the need for custom, centralized servers.
The Graph's Use Cases
- The Graph is used by many DeFi projects like Uniswap, Synthetix, Aave, and Balancer.
- It significantly speeds up product development by providing easy data access.
Accessibility of On-Chain Data
- On-chain data is public but not easily accessible in user interfaces.
- The Graph makes this data readily available, improving the usability of open finance.