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Blockchain

Chainlink Integrates The Platform’s Technology Into Avalanche

June 10, 2022 - Around 2 mins mins to read
Chainlink (LINK) has enabled its two prominent technologies, Chainlink Keepers and Chainlink Verifiable Random Function (VRF) to integrate into Avalanche (AVAX) mainnet.
Chainlink Integrates The Platform's Technology Into Avalanche

The team emphasizes that the integration with Avalanche is done to assist developers in the platform. Chainlink Keepers will allow developers to automate smart contract functions in a decentralized manner. On the other hand, VRF will provide a random number generator (RNG) that can be used in many dApps that require randomness.

Emin Gün Sirer, the founder of Avalanche, expressed his belief that this event is an important milestone for those building in Avalanche. According to Sirer, this will simplify the experience for both developers and users. Additionally, he noted that Chainlink will also help improve the functionality and design of Avalanche’s dApps.

“The Avalanche Community is full of tireless builders, and their ability to rapidly build and ship applications at scale just became even easier.”

A few months ago, the platform launched the second version of its VRF technology. With this functionality, it can provide random numbers and present cryptographic proof that the number is determined by combining the block data and the oracle’s private key.

Chainlink Integrates The Platform's Technology Into Avalanche

In early June, the oracle blockchain also enabled its price feed feature on the Solana blockchain and updated some of the key steps in the Chainlink 2.0 roadmap according to the new whitepaper released in April 2021. Especially the plan to deploy the LINK staking mechanism, which is expected to bring more new breezes to investors in the project.

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.

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Harold

CoinCu News

Avalanche

AVAX

Chainlink

Chainlink 2.0

Chainlink Keepers

dApp

LINK

Solana

VRF

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Author

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.
Blockchain

Chainlink Integrates The Platform’s Technology Into Avalanche

Chainlink (LINK) has enabled its two prominent technologies, Chainlink Keepers and Chainlink Verifiable Random Function (VRF) to integrate into Avalanche (AVAX) mainnet.
Chainlink Integrates The Platform's Technology Into Avalanche

The team emphasizes that the integration with Avalanche is done to assist developers in the platform. Chainlink Keepers will allow developers to automate smart contract functions in a decentralized manner. On the other hand, VRF will provide a random number generator (RNG) that can be used in many dApps that require randomness.

Emin Gün Sirer, the founder of Avalanche, expressed his belief that this event is an important milestone for those building in Avalanche. According to Sirer, this will simplify the experience for both developers and users. Additionally, he noted that Chainlink will also help improve the functionality and design of Avalanche’s dApps.

“The Avalanche Community is full of tireless builders, and their ability to rapidly build and ship applications at scale just became even easier.”

A few months ago, the platform launched the second version of its VRF technology. With this functionality, it can provide random numbers and present cryptographic proof that the number is determined by combining the block data and the oracle’s private key.

Chainlink Integrates The Platform's Technology Into Avalanche

In early June, the oracle blockchain also enabled its price feed feature on the Solana blockchain and updated some of the key steps in the Chainlink 2.0 roadmap according to the new whitepaper released in April 2021. Especially the plan to deploy the LINK staking mechanism, which is expected to bring more new breezes to investors in the project.

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.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Harold

CoinCu News

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