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News

The Graph’s Phase 3 L2 Scaling Surges with Cutting-Edge Transport Engine

August 29, 2023 - Around 2 mins mins to read

Key Points:

  • The Graph launches the conclusive L2 expansion phase, introducing a live migration to Arbitrum Charts.
  • Users benefit from reduced gas fees and faster transactions, transforming GRT and subgraph access on Layer 2.
  • The Graph’s strategic move aligns with blockchain trends, promising a scalable and efficient future for decentralized applications.
The Graph has taken a significant stride forward by formally embarking on the conclusive phase of its Layer 2 (L2) expansion.
The Graph's Phase 3 L2 Scaling Surges with Cutting-Edge Transport Engine

The much-anticipated L2 migration has been set into motion, ushering in a new era of enhanced accessibility to Arbitrum Charts. This development brings forth an array of tools designed to simplify the process of transitioning to Layer 2.

The core advantage of this L2 migration lies in the streamlined experience it offers to users. With lower gas fees and accelerated transaction speeds, the transition to Arbitrum Charts becomes not only more cost-effective but also remarkably swift. This move strategically addresses the persistent challenges associated with scalability and efficiency in the blockchain ecosystem.

One of the standout features is the ability for users to seamlessly convert Graph Token (GRT) or subgraphs to the Layer 2 infrastructure. This innovation introduces an unprecedented level of flexibility, enabling individuals to harness the potential of Layer 2 while retaining their existing assets and resources.

The Graph's Phase 3 L2 Scaling Surges with Cutting-Edge Transport Engine

This announcement resonates profoundly with the crypto community as it underscores The Graph’s commitment to continuous evolution and improvement. By embracing the capabilities of Layer 2 technology, the protocol not only aligns with industry trends but also reinforces its dedication to user-centric solutions.

The Graph’s foray into the third and final phase of L2 expansion, marked by the initiation of the live L2 migration, is poised to reshape the landscape of decentralized indexing. As the benefits of reduced gas fees and expedited transactions become more tangible, The Graph takes a bold stride toward a more scalable and efficient future for blockchain applications.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

L2 Scaling

Phase 3 L2 Scaling

The Graph

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Author

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.
News

The Graph’s Phase 3 L2 Scaling Surges with Cutting-Edge Transport Engine

Key Points:

  • The Graph launches the conclusive L2 expansion phase, introducing a live migration to Arbitrum Charts.
  • Users benefit from reduced gas fees and faster transactions, transforming GRT and subgraph access on Layer 2.
  • The Graph’s strategic move aligns with blockchain trends, promising a scalable and efficient future for decentralized applications.
The Graph has taken a significant stride forward by formally embarking on the conclusive phase of its Layer 2 (L2) expansion.
The Graph's Phase 3 L2 Scaling Surges with Cutting-Edge Transport Engine

The much-anticipated L2 migration has been set into motion, ushering in a new era of enhanced accessibility to Arbitrum Charts. This development brings forth an array of tools designed to simplify the process of transitioning to Layer 2.

The core advantage of this L2 migration lies in the streamlined experience it offers to users. With lower gas fees and accelerated transaction speeds, the transition to Arbitrum Charts becomes not only more cost-effective but also remarkably swift. This move strategically addresses the persistent challenges associated with scalability and efficiency in the blockchain ecosystem.

One of the standout features is the ability for users to seamlessly convert Graph Token (GRT) or subgraphs to the Layer 2 infrastructure. This innovation introduces an unprecedented level of flexibility, enabling individuals to harness the potential of Layer 2 while retaining their existing assets and resources.

The Graph's Phase 3 L2 Scaling Surges with Cutting-Edge Transport Engine

This announcement resonates profoundly with the crypto community as it underscores The Graph’s commitment to continuous evolution and improvement. By embracing the capabilities of Layer 2 technology, the protocol not only aligns with industry trends but also reinforces its dedication to user-centric solutions.

The Graph’s foray into the third and final phase of L2 expansion, marked by the initiation of the live L2 migration, is poised to reshape the landscape of decentralized indexing. As the benefits of reduced gas fees and expedited transactions become more tangible, The Graph takes a bold stride toward a more scalable and efficient future for blockchain applications.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.