- Why do you believe in The Graph? What inspires you?
The mission of The Graph is to enable internet applications that are entirely powered by public infrastructure.
Full-stack decentralization will enable applications that are robust to business failures and rent seeking and also facilitate an unprecedented level of interoperability. Users and developers will be able to know that software they invest time and money into can’t suddenly disappear.
To reach this vision of fully decentralized applications (dApps), it’s critical that we shift from a paradigm of businesses paying for the ongoing storage, compute, and other services required to keep an application running, toward users directly paying networks of decentralized service providers for granular usage of these resources.
- Why is The Graph critical to Web3?
Today, most “decentralized” applications only adopt such a model in the bottom layer of the stack — the blockchain — where users pay for transactions that modify application state. The rest of the stack continues to be operated by centralized businesses and is subject to arbitrary failures and rent seeking.
To reach this vision of fully decentralized applications (dApps), it’s critical that we shift from a paradigm of businesses paying for the ongoing storage, compute, and other services required to keep an application running, toward users directly paying networks of decentralized service providers for granular usage of these resources.
- Which subgraphs are the most critical for Web3 and why?
The uniswap subgraphs which has most the largest query flow.
- What have you learned during the Curator Program?
I’ve learned a lot from the Curator Program about identifying high quality subgraphs.
Curators are subgraph developers, data consumers or community members who signal to Indexers which subgraphs (APIs) should be indexed by The Graph Network. Curators deposit GRT into a bonding curve to signal on a specific subgraph and earn a portion of query fees for the subgraphs they signal on; incentivizing the highest quality data sources.
Curators use their knowledge of the Web3 ecosystem to assess which subgraphs are high quality — Curators do not need to be technical. For example, if you know which applications are most used, which data sources are most trusted, and which communities are growing — you can gather which subgraphs will be the highest quality!
Because curation occurs on a bonding curve, the earlier that consumers signal on a subgraph, the greater share of the query fees they can earn on that. However, there is a risk that if others sell their curation shares, the value of the shares can decrease and a curator would receive less GRT back from the bonding curve. Curators cannot be slashed for bad behavior, but there is a withdrawal tax on Curators to disincentivize poor decision making about subgraph signaling that could harm the integrity of the network. Curators also earn fewer query fees if they choose to curate on a low-quality subgraph, since there will be fewer queries to process or fewer indexers to process those queries.
- What are you excited about when curation goes live on mainnet?
Following the mainnet launch, anyone will be able to participate in the network and contribute to the ecosystem. To support the user experience, The Graph Foundation has partnered with Edge & Node to develop a Graph Explorer dApp and Gateway to support users looking to access subgraphs and Curate on the network. Look out for more information about the Graph Explorer in 2021. Any third-party can also develop tooling and applications to access The Graph Network.
