Supra has deployed dVRF and Oracle price feeds on the XDC Network

Supra’s price feeds and dVRF offers enhanced randomness and security to XDC dApps

Supra has successfully integrated its dVRF services and price feeds into the XDC Network. The dVRF technology provides fair and unpredictable random numbers critical for applications such as gaming and lotteries. 

Meanwhile, Oracle price feeds offer real-time data, reliability, and easy integration. It improves data accessibility for various blockchain projects within the XDC ecosystem of RWA, DePIN, and DeFi projects.

XDC Network has become a magnet for innovative projects in these areas, and Supra recognizes this potential. By integrating with XDC Network, Supra empowers developers to build even more robust DApps that leverage XDC’s existing strengths.

Supra Integrates Real-World Data Into Blockchain

Supra’s Distributed Oracle Agreement (DORA) is revolutionizing blockchain interoperability by integrating real-world data seamlessly. DORA utilizes a network of interconnected nodes to ensure data integrity and fault tolerance, essential for smart contracts in the Web3 infrastructure. By aligning with Supra’s Moonshot consensus mechanism and the distributed Verifiable Random Function (dVRF), DORA enhances security and efficiency, particularly in fluctuating market conditions.

DORA addresses significant operational challenges such as Byzantine faults, which involve system components behaving erroneously, possibly maliciously. It focuses on achieving node consensus, termination, agreement, and data validity, ensuring that data from various external sources is precise and dependable. The integration of these technologies, including the progressive HyperNova initiative, positions DORA as a critical tool for validating and efficiently communicating data across different blockchain platforms.

Furthermore, DORA excels in real-time applications, especially in DeFi and NFT markets, by fetching and verifying price feeds from reputable sources. Its architecture prevents potentially jeopardizing data reliability through Byzantine behaviors. Offering both pull and push subscription models, DORA meets diverse developer needs, ensuring low-latency data delivery and robust network reliability even during market volatility. Thus, DORA has a key role in improving the functionality and security of smart contracts across the blockchain.

XDC Integrates Supra Price Feeds and dVRF

XDC Network is an enterprise-grade, EVM-compatible blockchain designed to facilitate the tokenization of real-world assets and financial instruments. It boasts impressive features like high speed, scalability, low transaction fees, and robust security. 

As an open-source protocol with smart contract capabilities, XDC Network offers data exchange, asset transfer, and record-keeping efficiency and security. They provide a compatible environment to developers for those familiar with other EVM toolsets to easily transition and start building on the network.

XDC seeks to spur innovation and widen participation by providing resources and initiatives and motivating everyone to build projects. Supra’s integration on the XDC network ensures authentic randomness through its dVRF, enhancing transparency and reliability for applications like dynamic NFT creation and random opponent matching. 

Additionally, Supra Oracle price feeds on XDC enhance security and reduce costs by providing on-demand updates, offering flexibility and cost-efficiency for developers.

Innovate and Build the Future with Supra

Supra excels in providing decentralized Web3 services, emphasizing scalability, security, and fast transactions. It supports developers with a comprehensive toolkit, including guides and whitepapers.

Developers eager to integrate these functionalities can access comprehensive guides and tools through the Supra Oracle Network documentation and XDC Network developer resources.

The Supra Oracle Network and XDC Network communities actively welcome developers to join the forum, share experiences, and gain support. This collaboration marks a significant step forward for blockchain innovation, paving the way for a future powered by reliable oracles and a robust platform like XDC Network. 

About Supra

Supra is supercharging oracles for a better, decentralized future. Blockchains need better, faster, more accurate, and more secure off-chain data. Supra’s Oracle provides a next-generation cross-chain Oracle solution so smart contracts and blockchain apps work better.

After 5+ years of research, and thousands of hours of R&D and simulations, Supra’s revolutionary technical breakthrough helps solve the Oracle Dilemma while improving performance across the board. The team’s academic mindset forms the bedrock of the organization and reinforces its commitment to deep research and a rigorous scientific process in everything they design and build.

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About XDC Network

XDC Network is an open-source, carbon-neutral, enterprise-grade, EVM-compatible, Layer 1 blockchain that has been operationally successful since 2019. The network obtains consensus via a specially delegated proof-of-stake (XDPoS) technique that allows for 2-second transaction times, near-zero gas expenses ($0.0001), over 2000 TPS, and interoperability with ISO 20022 financial messaging standards. The XDC Network powers a wide range of novel blockchain use cases, including Global Trade Finance, payment, Decentralized physical infrastructure network (DePIN), and Real World Asset (RWA) tokenization, that are secure, scalable, and highly efficient.

Find more information about XDC Network on XinFin.org, XDC.org and follow them on social media: Twitter || Telegram || LinkedIn || Reddit || Facebook || Forum