The Graph is implementing state channels technology on its Ethereum-based network

Indexing protocol The Graph is deploying scalable generalized state channels on its Ethereum-based network, the San Francisco-based startup announced Friday. 

The development will enable users to connect directly to a distributed network of decentralized service providers to enable faster and more secure peer-to-peer micropayments, according to the team behind the project.

The Graph collaborated with open-source project State Channels, as well as L4, Magmo, Connext and Consensys Mesh R&D. 

The Graph has developed an indexing protocol that organizes information on the blockchain in a more efficient manner, making it possible for developers of Ethereum-based applications to run their frontend operations more smoothly. According to co-founder Yaniv Tal, deploying state channels on the mainnet at scale is a signi