{"id":21599,"date":"2023-06-14T22:47:58","date_gmt":"2023-06-14T22:47:58","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/the-graph-grt-starts-final-migration-to-arbitrum\/"},"modified":"2023-06-14T22:47:58","modified_gmt":"2023-06-14T22:47:58","slug":"the-graph-grt-starts-final-migration-to-arbitrum","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/the-graph-grt-starts-final-migration-to-arbitrum\/","title":{"rendered":"The Graph (GRT) starts final migration to Arbitrum"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2021\/08\/1628852181533-f058816a-6db0-41f3-80b3-a9f384cbf7fb-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2021\/08\/1628852181533-f058816a-6db0-41f3-80b3-a9f384cbf7fb-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2021\/08\/1628852181533-f058816a-6db0-41f3-80b3-a9f384cbf7fb-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2021\/08\/1628852181533-f058816a-6db0-41f3-80b3-a9f384cbf7fb-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">The Graph began its transition from Ethereum in 2022.<\/li>\n<li dir=\"ltr\">Arbitrum offers more scalability, low transaction costs and high network speeds.<\/li>\n<li dir=\"ltr\">The price of GRT and ARB rose slightly following the start of The Graph\u2019s final migration phase.<\/li>\n<\/ul>\n<p dir=\"ltr\">The Graph, a decentralized protocol for indexing and querying blockchain data, has begun the final migration of its settlement layer from <a href=\"https:\/\/coinjournal.net\/ethereum\/\">Ethereum<\/a> to layer-2 scaling solution Arbitrum.<\/p>\n<p dir=\"ltr\">Migration from the Ethereum blockchain began in 2022 and as CoinJournal<a href=\"https:\/\/coinjournal.net\/news\/grt-rallies-by-16-following-the-graphs-launch-on-arbitrum\/\">\u00a0<u>reported<\/u><\/a> in February, the <a href=\"https:\/\/coinjournal.net\/news\/tag\/grt\/\">price of GRT<\/a> rallied after the initial transition started and as the protocol moved network rewards onto the L2. The current phase is aimed at completing the process into a full relocation.<\/p>\n<h2 dir=\"ltr\">Community voted to migrated to Arbitrum<\/h2>\n<p dir=\"ltr\">In an announcement, The Graph team reiterated that moving from Ethereum to Arbitrum was aimed at reducing gas fees, bumping up transaction speeds and enhancing overall accessibility for users. The transition was approved by GRT holders, whose vote confirmed the community\u2019s objective of improving users\u2019 experience as well as reducing usage costs.<\/p>\n<p dir=\"ltr\">Tegan Kline, CEO of Edge &amp; Node noted in a statement that gas efficiency among other network functionality was The Graph users\u2019 main goal. The choice of Arbitrum was arrived at after a \u201ccareful evaluation,\u201d he added.<\/p>\n<p dir=\"ltr\">GRT, The Graph\u2019s native token, traded 2.3% higher on Wednesday afternoon, with the slight gains coming after the news. It\u2019s also as Bitcoin and altcoins struggled to hold onto the little positivity that remained following last week\u2019s downturn amid regulatory crackdown on Binance and Coinbase by the US Securities and Exchange Commission (SEC).<\/p>\n<p dir=\"ltr\">ARB, the native token of Arbitrum, traded to highs of $1.01 and was 1.5% up in the past 24 hours.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/the-graph-migrates-settlement-layer-to-arbitrum\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) The Graph began its transition from Ethereum in 2022. Arbitrum offers more scalability, low transaction costs and high network speeds. The price of GRT and ARB rose slightly following the start of The Graph\u2019s final migration phase. The Graph, a decentralized protocol for [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":21600,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/21599"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=21599"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/21599\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/21600"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=21599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=21599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=21599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}