The blockchains under consideration could join The Graph’s current supported chains — Ethereum and IPFS — enabling open API querying for data across multiple networks.
Launched on the Ethereum mainnet on 17 December 2020, the blockchain data indexing protocol has already integrated with several DeFi protocols. The network is now interoperable with Uniswap, AAVE, Decentraland, Gnosis, Balancer, and Synthetix, among others.
The Graph is an indexing and query layer of the decentralized web, enabling developers to build and publish open APIs called subgraphs. With multi-blockchain expansion, The Graph aims to solve composability issues by enabling decentralized APIs that can serve data from many different chains.
According to the company’s announcement, The Graph Foundation is currently considering integrating eight additional Layer-1 blockchain protocols—Bitcoin, Polkadot, Cosmos, Solana, Avalanche, Binance Smart Chain, Near Protocol, and Celo.
The company said the key criteria for future additions include ease of integration, the number of developers and applications built on the network, community support, and alignment with the Web3 movement.
However, it’s important to note that despite expanding to support multiple chains, Ethereum will remain the standard for The Graph network, with GRT, the network’s underlying cryptocurrency remaining an ERC-20 token.
“While The Graph is built on Ethereum, we also believe in uniting the ecosystem under a multi-blockchain future, making it easy to develop and use Web3,” said Eva Beylin, the director at The Graph Foundation.