Key Points:
This finally introduces even more Chainlink products into the Base fold, so the network now supports the full suite of Chainlink solutions available to developers.
Chainlink Data Streams provides DeFi kits with unparalleled speed and user experience. It enables low-latency market data with automated execution and allows developers to unleash the potential for building high-throughput DeFi products at speeds unmatched in the entire market ecosystem. It allows developers to create high-speed DeFi applications that equal the functionality of their centralized exchange counterparts in terms of product performance and the provided security infrastructure.
Thodoris Karakostas, head of blockchain partnerships at Chainlink Labs, said Chainlink products and Base products supported a strong synergy. “The Base builder interface is naturally suited for Chainlink Products,” Karakostas said. He added that the introduction of Chainlink Data Streams would empower the development of the next generation of DeFi products on the platform. At the same time, Chainlink VRF will secure random number generation for intelligent contracts on Base.
Read more: How is Chainlink Revolutionizing Finance with Decentralized Oracles?
Built as an Ethereum Layer 2 solution, Base offers the ability, stability, and scalability crucial for dApp development. Most interestingly, the platform enables the deployment of any EVM codebase and provides onramps for users and assets from Ethereum L1, Coinbase, and other chains with which it interoperates. Base has been engineered to serve as the on-chain hub for the complete Coinbase ecosystem, open for outside developers to contribute innovation.
Tom Vieira, product lead at Base, was excited to integrate: “This is an exciting integration. We’re looking forward to seeing next-generation applications built on top of all the infrastructure solutions now available on Base for developers to build on-chain.”.
Chainlink VRF is conveniently one of the most reliable on-chain random number generators, and it has serviced over 21 million requests across all great intelligent contract platforms. A new update—led by VRF v2.5—includes notable improvements, including low-friction billing, better gas consumption prediction, very fast response times, and very broad usability.
These integrations give Base developers access to the full Chainlink suite—Data Streams, VRF, CCIP, Functions, and Price Feeds—augmenting their power in building advanced blockchain applications.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Best Cryptos to Buy in December 2024: Qubetics ($TICS) presale explodes, Ethereum (ETH) eyes a…
Palo Alto, California, 21st November 2024, Chainwire
Best Cryptos to Buy: Qubetics presale rockets ahead, Bitcoin nears $100k, and Avalanche prepares to…
London, United Kingdom, 21st November 2024, Chainwire
The move will see developers utilize USDC on Aptos in creating dApps on a wide…
Abu Dhabi, UAE, 21st November 2024, Chainwire
This website uses cookies.