What is GraphLinq Protocol?
GraphLinq is an automation protocol that allows users to automate their blockchain-based tasks easily without the need for coding skills. It is a set of tools that includes an IDE and an engine that runs simultaneously with multiple blockchains and centralized data streams to offer a service of automation. GraphLinq offers users the ability to connect to Ethereum/BSC data-feed almost for free and in real-time using GraphLinq to suit their Trading, DeFi & similar needs. With the platform's live drag-and-drop plugins & a set of templates, users can fetch data from decentralized or centralized streams and send it to telegram, webhook, discord, etc. or set up a trading bot based on some indicators.
GLQ is the native token for the Graphlinq ecosystem, built on top of Ethereum as an ERC20 token. GLQ is used to run a graph on the platform's test net or main net to execute different processes over the blockchain and automate tasks, triggering events, and much more. As the ecosystem grows, GLQ will have more use cases, as mentioned in Graphlinq's documentation.
GraphLinq Chain is a Proof-of-Authority (PoA) blockchain built to support the GraphLinq Protocol and other decentralized applications (dApps). It facilitates the creation and execution of complex automation in a decentralized and trustless manner, without the need for intermediaries. GraphLinq Chain is EVM-compatible, meaning that it is compatible with Ethereum-based smart contracts and dApps.
The GraphLinq Protocol includes the GraphLinq IDE, Instant Wizard App, Engine, and Marketplace, designed to make it easy for users to create and deploy automation. The GraphLinq Chain is supported by the GLQ native cryptocurrency, which is used to pay for gas fees for transactions on the network, as well as on the GraphLinq IDE and Marketplace. The GraphLinq Chain also features a regional distribution of RPC nodes, providing optimized access for users in different geographic regions, and plans to open up the network to more validators in the future to provide a more decentralized and secure network.
With GraphLinq, users can automate any blockchain-related task they need to accomplish, from fetching data to executing complex processes. The platform's easy-to-use tools and low costs make it accessible to anyone looking to automate their blockchain tasks. The GLQ token provides an easy and convenient way to pay for fees on the GraphLinq Chain, and its expanding use cases make it an attractive investment opportunity. As the GraphLinq ecosystem grows, it will continue to provide innovative solutions to automate and optimize blockchain-based processes.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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