The Graph Unveils New Roadmap for Web3 with a Focus on AI and Data
Date: 2023-11-09 Author: Dima Zakharov Categories: BLOCKCHAIN
The team at The Graph has unveiled a new project roadmap named "New Era." This significant step is aimed at furthering the development of Web3 technology and improving access to blockchain-based data. Let's delve into the details of this news and understand how it will impact the future of blockchain and cryptocurrency.
Details of the New Roadmap
The Graph has introduced an ambitious update to its project roadmap, which includes several key elements. One of the most exciting aspects is the integration of artificial intelligence for data queries. This means that users will be able to access more accurate and faster data in the future, significantly enhancing the Web3 experience.
The primary objective of this roadmap is to meet the growing data access needs of Web3. Additionally, The Graph developers plan to expand data streaming services and introduce new query languages. These improvements will enhance developer and protocol participant services, ultimately increasing the network's overall efficiency.
Goals and Prospects
Beyond improving data access, the new roadmap includes five key objectives. The first is the creation of a world of data services. This means that The Graph aims to become a vital tool for data processing in the Web3 world, rather than being controlled by a single company or group of companies.
The second goal is to expand developer capabilities. With improved tools and services, developers will be able to create more innovative applications and services within the Web3 ecosystem.
The third goal is the evolution and increased stability of The Graph protocol. This is crucial for ensuring the reliability and security of the entire ecosystem.
The fourth goal is optimized indexer performance. This improvement will allow for faster and more efficient data processing.
The fifth goal is the creation of an interconnected data graph, which will enable more effective data management within the Web3 ecosystem.
Graph Horizon Network Update
In addition to the new roadmap, The Graph team mentioned an upcoming update to the Graph Horizon network. This update is designed to simplify and enhance the use of the protocol. These steps will make the ecosystem more accessible and user-friendly for both users and developers.
Migration to the Arbitrum L2 Network
In June 2023, The Graph initiated the final stage of its migration to the Arbitrum Layer 2 network. This significant event aims to reduce fees, increase transaction speed, and enhance protocol accessibility. This will make using The Graph more cost-effective and convenient for all participants in the Web3 ecosystem.
