Cryptocurrency The Graph (GRT), which has been trading in crypto money markets since 2018, presented the roadmap to be implemented in 2023 to the community.
An ambitious roadmap for 2023 has recently been announced by The Graph team. Host Service, Firehouse, Substreams and Moving GRT protocol to layer 2 with Arbitrum One including 4 titles in total This roadmap, shaped under the roof, excited GRT investors.
Considered one of the two most important among the titles, Host Service enables GRT to connect with other blockchains. In fact, innovations were added to the algorithm introduced in 2019 and developed since then. Host Service feature planned to be actively used in 2023 Ethereum (ETH), Near Protocol (NEAR) and Cosmos Hub (ATOM) including large networks such as It will support 31 different blockchains enlarged accordingly. Thanks to this large-scale network integration, high increases in the usage demand of GRT are expected.
It is seen as the second important issue in the roadmap. Moving GRT protocol to layer 2 with Arbitrum One title, called GRT transaction costs 3,000% reduction has potential. It is known that the Ethereum (ETH) network, which is currently struggling with high transaction fees, cannot provide the necessary effective working environment for the developers and users of the project. But at this point, the transition to be achieved with Arbitrum One will provide great potential to grow and develop the GRT network.
As an example, there is currently a developer’s transaction fee with GRT on the Ethereum network. 3 dollars The same processing after this layer 2 transition will be provided by the protocol in a case that pays $0.10 One payment will suffice. This low-cost structure is expected to encourage more developers and curators to work on the GRT network.