The Graph – a service that helps applications collect and interpret blockchain-based data – announced Thursday that it will be sunsetting its centralized Hosted Service early next year.
Representatives for Edge & Node, the original team behind The Graph, did not provide an exact date for when the free Hosted Service will be phased out. They say app developers using the platform will be encouraged to migrate over to the pay-per-query Graph network, which relies on a distributed community of Ethereum-based “indexers” to handle data rather than the Hosted Network’s single operator. GRT is The Graph’s native token.
“This big vision that we’ve been trying to fulfill for years is now possible, and the big piece of that is you can make data decentralized,” Eva Beylin, director of the Graph Foundation, told CoinDesk. “This vision of open data – owning your own data – is now possible because now you’re relying on a network and not one company or one operator.”
The announcement, which...
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