Chainlink and StarkNet: A Partnership That Will Boost DeFi
According to reports, Chainlink tweeted that the StarkNet test network now supports Chainlink pricing. At present, StarkNet developers can use this pricing flo…
According to reports, Chainlink tweeted that the StarkNet test network now supports Chainlink pricing. At present, StarkNet developers can use this pricing flow to build DeFi applications. At the beginning of February, Stark Ware announced that it would establish a partnership with Chainlink Labs. StarkWare will officially join the Chainlink SCALE program. StarkNet test network will also support Chainlink pricing.
StarkNet test network now supports Chainlink pricing
Interpret the above information:
Chainlink, a decentralized oracle network that provides secure and reliable data for smart contracts, has announced that its pricing flow is now supported by the StarkNet test network. This development is a result of a recent partnership between Chainlink Labs and StarkWare, a layer-2 scaling solution for blockchains.
StarkNet is an open network for building and deploying decentralized applications (dApps) that are fast, secure, and scalable. It is built on top of Ethereum and utilizes StarkWare’s zk-rollup technology to achieve its goals. With Chainlink’s pricing flow now integrated into the StarkNet test network, developers can leverage Chainlink’s data feed to build DeFi applications that require accurate and reliable pricing information.
DeFi (decentralized finance) has been one of the most exciting and active areas in the blockchain space, with new applications and protocols being developed every day. However, one of the biggest challenges facing DeFi is the need for accurate and timely pricing data. This is where Chainlink comes in, providing a decentralized solution that can source data from multiple sources and deliver it to smart contracts in a secure and reliable manner.
The partnership between Chainlink Labs and StarkWare will further strengthen the DeFi ecosystem by providing developers with the tools they need to create innovative and secure applications. By joining the Chainlink SCALE program, StarkWare is committing to providing Chainlink with access to its layer-2 scaling technology, which will improve the performance and scalability of Chainlink’s oracle network.
In conclusion, the integration of Chainlink’s pricing flow into the StarkNet test network is a significant development for DeFi. It provides developers with access to a reliable and secure source of pricing data, which is essential for the creation of complex financial applications. The partnership between Chainlink Labs and StarkWare is a testament to the importance of collaboration in the blockchain space, and we can expect to see more exciting developments in the future.
This article and pictures are from the Internet and do not represent SipPop's position. If you infringe, please contact us to delete:https://www.sippop.com/2879.htm
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Related recommendations
-
NFT Craze Continues: Nakamigos 7012 Price Skyrockets by Over 116%
According to reports, 10KTF posted a graphic tweet for Nakamigos # 7012 on social media, and the price of the NFT on OpenSea has skyrocketed from 0.569 ETH yest
-
Paxos and Bank of Silicon Valley: Misinterpreted Relationship
It is reported that Paxos, an American encryption infrastructure company, has no relationship with Bank of Silicon Valley.
Paxos: No relationship with Silicon V -
Atomic macOS Stealer (AMOS): The New Malware Threat for macOS Users
On April 28th, a Telegram channel was promoting a new type of information theft malware called Atomic macOS Stealer (AMOS), which is specifically designed for macOS and can steal v
-
Ethereum NFT Expansion Plan ImmutableX Set to Announce Major Updates
On March 15th, according to official websites and tweets, the Ethereum NFT Layer 2 expansion plan ImmutableX will announce four major updates in the next two mo
-
Importance of Being Vigilant and Cautious When Accessing Websites
On April 18th, it was reported that the importance of being vigilant and cautious when accessing our website cannot be overemphasized, as stated in an article b
-
Circle Continues to Destroy USDCs: A Look at Stablecoin Burning
On March 13, the Watchers monitoring data showed that Circle destroyed 220000000 1 USDCs again. Earlier, Circle had just destroyed 314167155.05 USDCs in a singl
-
#Sushi Swap and its CEO Emphasize Compliance with US Securities Laws
On April 9th, it was reported that Jared Grey, the CEO of Sushi Swap, and his lawyers stated that to their knowledge, no one related to Sushi has violated US fe
-
Layer1 blockchain ZetaChain releases 17 language versions of white papers
On April 7th, it was announced that Layer1 blockchain ZetaChain has released a white paper in 17 language versions. According to the white paper, ZetaChain is a decentralized Layer
-
Uranium Finance Wallet Sends ETH to Tornado Cash Following Hack
It is reported that according to CertiK monitoring, the EOA account address 0x8b9F132 has transferred the funds to Tornado Cash. The EOA wallet is related to th
-
Comprehensive Encryption Regulations in the United States: What You Need to Know
On April 26th, Kristin Smith, CEO of the Blockchain Association, said in an interview that \”comprehensive encryption regulations will be introduced in the Unite