Aurora partners with The Graph to bring superior data indexing
We are happy to announce another major partnership and welcome The Graph’s deployment on Aurora!
The Graph is the indexing and query layer of web3. The protocol’s subgraphs help facilitate the development and deployment of performant and discoverable APIs with data indexed from blockchains. Subgraph developers define which data will be indexed from the blockchain and how it will be stored and made available via an API layer.
“The Graph is one of the pillars of the modern web3 world and we’re happy that the indexed data is now available to Aurora users and developers in a familiar form,” says Alex Shevchenko, Aurora CEO.
We believe this collaboration will open the doors to numerous other integrations for Aurora and give Ethereum developers a great opportunity to scale their dapps. Access to public data from around the world is extremely important for many applications' functionality.
The collaboration between Aurora and The Graph is another step towards building a decentralized web. The Graph supports indexing data from different networks, including Ethereum.
“Layer 2’s are an important part of building a scalable web3 enabled future. Diving deeper into the NEAR ecosystem, it is exciting to see The Graph’s hosted service support Aurora, an Ethereum Scaling Layer 2 on the NEAR blockchain, continuing on The Graph’s vision of the multi-blockchain future.” says Pranav Maheshwari, Solutions Engineer at Edge & Node.
Over 24,000 subgraphs have been deployed on the hosted service, and over 200 on the decentralized network. Developers are building subgraphs for such applications as Balancer, DAOstack, Uniswap, AAVE, Decentraland, and many more.
The Graph gives an opportunity for applications to efficiently present data in the UI, and developers can use any subgraph they require. They can deploy a subgraph or query existing subgraphs. Global public information can be accessed through subgraphs, and this data can be transformed, organized, and shared across applications for anyone to query.
The news comes hot on the heels of our partnership with Consensys, our integration with Chainlink, the launch of the Aurora DAO and our first funding round where we raised $12 million.
Aurora is an EVM built on the NEAR Protocol, delivering a turn-key solution for developers to operate their apps on an Ethereum-compatible, high-throughput, scalable and future-safe platform, with low transaction costs for their users. Recently Aurora has closed its funding round raising $12mln from over 100 investors who represent the Ethereum and NEAR ecosystems, VCs, and DeFi projects.
Aurora is a product that helps Ethereum users and dApps to easily move to the NEAR blockchain. It allows users to do two distinct things: upload and interact with Solidity smart contracts on NEAR blockchain and move assets between Ethereum, Aurora and NEAR (including ERC-20 tokens) via the Rainbow Bridge.
Aurora’s Highlights and Features
- Fully compatible EVM for fast deployment of Solidity smart contracts;
- Horizontal scaling possibility thanks to NEAR Protocol’s dynamic resharding;
- High throughput (x10 increase in transaction throughput comparing to Ethereum);
- Fast confirmations (Transaction execution takes only 1-2 seconds in Aurora);
- x1000 reduction in gas costs;
- Trustless bridge architecture between Ethereum and Aurora / NEAR.
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About The Graph
The Graph is the indexing and query layer of web3. Developers build and publish open APIs, called subgraphs, that applications can query using GraphQL. The Graph currently supports indexing data from 25 different networks including Ethereum, NEAR, Arbitrium, Optimism, Polygon, Avalanche, Celo, Fantom, Moonbeam, IPFS, and PoA with more networks coming soon. To date, over 24,000 subgraphs have been deployed on the hosted service and now subgraphs can be deployed directly on the network. Over 24,000 developers have built subgraphs for applications such as Uniswap, Synthetix, Foundation, Zora, KnownOrigin, Gnosis, Balancer, Livepeer, DAOstack, Audius, Decentraland, and many others.
The Graph Network’s self service experience for developers launched in July; since then over 200 subgraphs have migrated to the Network, with over 160 Indexers serving subgraph queries, 7,000+ delegators, and 2,000+ curators to date. More than 3 million GRT has been signaled to date with an average of 20K GRT per subgraph.
If you are a developer building an application or web3 application, you can use subgraphs for indexing and querying data from blockchains. The Graph allows applications to efficiently and performantly present data in a UI and allows other developers to use your subgraph too! You can deploy a subgraph to the network using the newly launched Subgraph Studio or query existing subgraphs that are in the Graph Explorer. The Graph would love to welcome you to be Indexers, Curators and/or Delegators on The Graph’s Mainnet. Join The Graph community by introducing yourself in The Graph Discord for technical discussions, join The Graph’s Telegram chat, and follow The Graph on Twitter! The Graph’s developers and members of the community are always eager to chat with you, and The Graph ecosystem has a growing community of developers who support each other.
The Graph Foundation oversees The Graph Network. The Graph Foundation is overseen by the Technical Council. Edge & Node, StreamingFast and Figment are three of the many organizations within The Graph ecosystem.