The Graph is adding support for Fantom network

On March 8, it was reported that The Graph was adding support for Fantom network, and Fantom was about to join the decentralized network through the MIPs plan.

Interpretation of this information:

As reported on March 8, 2021, The Graph, a decentralized indexing protocol that enables querying of blockchain data, has recently announced support for Fantom network. The inclusion of Fantom into The Graph’s decentralized network is part of the Multi-Party System’s (MIPs) plan that seeks to further expand the capabilities of The Graph by integrating the network with multiple other blockchains.

The Graph provides indexes for more than ten different networks such as Ethereum, Binance Smart Chain, and Polygon. With the technical support of The Graph, developers can build applications that require querying data from these blockchains easily. The inclusion of Fantom on The Graph will allow developers to build decentralized applications on top of Fantom and integrate it with other blockchains seamlessly.

The Fantom network is a high-performance, full-featured smart contract platform that aims to provide enterprise-level blockchain solutions. The network is designed to offer fast transaction speeds, a low-cost network for developers, and higher scalability to provide an efficient infrastructure for decentralized applications. With the inclusion of Fantom into The Graph’s decentralized network, there’s a high possibility that more developers will start building on the Fantom network due to the increased accessibility.

The Multi-Party System’s plan by The Graph intends to create an ecosystem of different blockchain networks that can interoperate with each other seamlessly. With the integration of different chains, developers will be able to build applications that interact and transfer data between different blockchains. The introduction of Fantom into this ecosystem demonstrates the network’s strength and potential to deliver scalable and efficient blockchain solutions.

In summary, The Graph’s support for Fantom network is a strategic move towards expanding The Graph’s decentralized network and further creating an ecosystem of different blockchain networks that can interoperate seamlessly. The integration of Fantom into the network will provide increased accessibility for developers to build decentralized applications on top of the network. The three keywords that summarize the content are Decentralized, Multi-Party System, and Integration.