Rodrigo Coelho, Chief Executive Officer at Edge & Node, said that The Graph aims to decentralize Web3’s data infrastructure by indexing blockchain activity across more than 90 chains. This statement was made during a live ETHDenver interview posted on March 24.
"You can't say your app is decentralized if the data layer is centralized," said Coelho, according to YouTube. "That's why The Graph had to be decentralized too—to preserve the values of Web3 all the way down. The Graph is becoming the decentralized backbone of Web3. We're indexing blockchain data across more than 90 chains to enable open access to verifiable information."
The Graph is a decentralized protocol designed to index and query data from various blockchain networks, including Ethereum, the InterPlanetary File System (IPFS), and Proof of Authority (POA). According to the protocol's description, it enables developers to build decentralized applications (dApps) that can efficiently access relevant data without relying on centralized intermediaries. By utilizing a network of nodes called indexers, The Graph processes and serves queries, facilitating seamless data retrieval across multiple blockchains.