Ethereum Layer 2 scaling solution Arbitrum and the decentralized blockchain oracle network Chainlink have announced the release of Chainlink Verifiable Random Function (VRF) on Arbitrum One. This gives programmers access to one of the most popular RNG used in the blockchain industry. On May 22nd, Chainlink and the Arbitrum Foundation
In a recent announcement, Coinbase Cloud, a prominent player in the cryptocurrency industry, has unveiled its partnership with Chainlink, a decentralized oracle network. By becoming a node operator on the Chainlink Network, Coinbase Cloud aims to contribute to the advancement of Web3 by securely connecting smart contracts with real-world data.
Chainlink, the decentralized oracle network, has been experiencing a surge in popularity and adoption recently. As the crypto space continues to evolve, Chainlink’s ecosystem has witnessed a remarkable increase in the number of developing contributors, reaching an all-time high. 🔗 The amount of developing contributors for #Chainlink is at an
Chainlink Automation, a decentralized oracle solutions provider, successfully integrates with the Optimism network, marking a major milestone for DeFi. The partnership combines Chainlink’s tamper-proof data inputs with Optimism’s scalable Layer 2 technology, promising enhanced scalability, reduced costs, and increased security for DeFi applications, enabling complex functions with trust and confidence.
With the aid of Chainlink (LINK) functions, Avalanche (AVAX), a rapidly expanding blockchain platform, has announced that developers may integrate any web2 API into its platform. As a result of this ground-breaking advancement, more complex apps may be built that have direct access to data from the actual world. This
Decentralized oracle service provider Chainlink (LINK) has announced that its newest node software is now live on the mainnet. Chainlink has announced a new update to its node software, version 2.0.0, with the stated goal of improving node operators’ ability to run their operations efficiently. #Chainlink node software version v2.0.0
Chainlink, the standard Web3 services platform, and GMX, the biggest decentralized perpetual exchange running on Arbitrum and Avalanche, have now announced that the GMX community has elected to incorporate Chainlink’s innovative low-latency oracles for financial market data. Moreover, launch partner GMX will be incorporating the new solution’s low-latency oracles into
Chainlink, a provider of blockchain data, recently unveiled a platform that will let programmers link data to smart contracts. Developers can connect their decentralized applications (dApps) or smart contracts to any Web2 API using Chainlink Functions, and then use the network’s highly secure and dependable platform to perform custom computations
On December 1st, the Chainlink development team announced an update to its highly anticipated staking activities. Staking on Ethereum’s mainnet, according to the oracle provider, will become live on December 6th. Furthermore, at first, the lockup period for Chainlink staking may be anywhere from 12 to 24 months. But the
Crypto space connects people through digital platforms where the users will always have insecurity for their data and assets. In order to avoid these insecurities and to build high user trust, Proof of Reserve (PoR) is operating. In addition, PoR is very popular to enhance the function of DeFi as
