The Graph Celebrates Decentralized Network Upgrade

🇵🇹 Sunrise Celebration

By The Graph
Jun 6, 2024, 6:08 PM
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The Graph, a web3 protocol for organizing and accessing blockchain data, is inviting the web3 community to join them in Lisbon, Portugal on June 13th to celebrate the completion of all subgraphs upgrading to their decentralized network.​ This marks a historic event for the project.​

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Read more about The Graph

The Graph Launches Two Foundational Stores for Ethereum and Solana Developers

The Graph has released **Foundational Stores for Substreams**, offering developers two initial data stores to streamline blockchain development. **What's Available:** - **Token Metadata Store**: ERC-20 data across supported EVM chains - **Solana SPL Store**: SPL tokens and wallet relationships **Key Benefits:** - **Speed**: Skip costly eth_calls with millisecond lookups instead of RPC round-trips - **Cost Efficiency**: Process once, use everywhere - shared datasets reduce redundant computations - **Scalability**: Built for production with block-level versioning and fork-aware rollbacks The Solana store already contains **500 GB of preindexed data**, eliminating the need for developers to reprocess common datasets. More Foundational Stores are planned for release soon. [Learn more about Foundational Stores](https://thegraph.com/blog/substreams-foundational-stores/)

The Graph Develops New System to Replace Thousands of RPC Calls with Shared Lookups

**The Graph is developing a new system** that could revolutionize how blockchain data is accessed. The innovation aims to **replace thousands of individual RPC calls** with a more efficient shared lookup system for common queries. Key benefits: - Reduced network congestion from repetitive calls - More efficient data retrieval processes - Streamlined blockchain data access This development builds on The Graph's existing infrastructure that already **processes millions of queries daily** across the decentralized web. The new system could significantly improve performance for dApps and developers who currently rely on multiple RPC endpoints for basic blockchain data lookups.

🔧 Solana Devs Waste Time

**Solana developers face a persistent data problem** that's slowing down the ecosystem. Simple tasks like finding which wallets hold specific tokens require developers to: - Crawl through program accounts manually - Parse complex SPL data structures - Recompute the same relationships repeatedly **Every development team builds identical parsing and caching systems from scratch.** This creates redundant work, introduces errors, and wastes valuable development time. The irony is clear: Solana was built for speed, but **account data access has become a major bottleneck** for builders. This foundational infrastructure problem affects the entire developer experience on what should be one of the fastest blockchains.

Ethereum Developers Waste Millions on Redundant RPC Calls Daily

**Ethereum's infrastructure inefficiency is costing developers time and money.** Millions of redundant RPC calls happen daily on Ethereum, with each call being: - Slow and expensive to execute - Often returning identical data from previous days - Requiring teams to rebuild the same caching and parsing systems **The current approach creates unnecessary waste:** - Development teams duplicate efforts building similar infrastructure - Infrastructure costs balloon without added value - Builders face slower development cycles Fetching basic data like balance information and token metadata involves excessive eth_calls, complex code parsing, and error-prone caching systems. **A more efficient solution for shared, foundational datasets could eliminate this redundancy** and provide developers with faster, more reliable access to blockchain data.

The Graph Token API Beta Launches Spam & Scam Filtering

The Graph Token API Beta Launches Spam & Scam Filtering

**The Graph Token API Beta** has launched its spam and scam filtering feature, automatically protecting users from malicious content. **What gets filtered:** - Junk tokens - Airdrop spam - Malicious NFTs **Benefits for developers:** - **Safer user experience** - Users protected from scams - **Cleaner wallets** - No more cluttered interfaces - **Smarter apps** - Built with trusted, verified data The filtering happens automatically, requiring no extra effort from developers. This builds on previous releases that introduced spam/scam scoring v0.1.0 across Ethereum and Base networks. Developers can now build applications with confidence, knowing their users won't encounter malicious tokens or NFTs through the API. [Get started with Token API Beta](https://thegraph.com/token-api/)