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Supra DORA is Live on Arbitrum Network

September 01, 2023 - 2 min read

DORA’s Integration With Arbitrum Heralds A New Era Of Enhanced dApp Development

Supra is thrilled to announce that Supra DORA (Distributed Oracle Agreement) is live on the Arbitrum network. This integration heralds a new era of enhanced decentralized application development, combining the power of Arbitrum’s scalability and Supra’s robust DORA functionality.

Upon introducing Supra DORA to Arbitrum, developers and users can benefit from enhanced data aggregation techniques adept at addressing Byzantine fault challenges. This enhances the potential for creating revolutionary DeFi applications. While a single node can suffice in an ideal environment without faults, DORA ensures that multiple nodes can reach a consensus on a single data value in more complex settings with potential malicious nodes.

Why Arbitrum Network?

Arbitrum stands out as a Layer-2 blockchain solution, enhancing Ethereum’s capabilities exponentially. It employs an optimistic rollup to bundle multiple transactions into one, allowing for quicker and more cost-effective processing. 

Arbitrum’s Layer-2 rollup technology enhances scalability, allowing thousands of transactions per second while maintaining Ethereum’s security. In addition, Arbitrum offers seamless compatibility with the Ethereum Virtual Machine (EVM), ensuring a smooth transition for dApps from Ethereum.

Supra DORA provides a multi-aggregator model and fraud detection capabilities to Savvy DeFi. Savvy DeFi on Arbitrum democratizes lending by providing advances on future yields. DORA’s architecture offers superior scalability and robust security to Savvy DeFi. Together with cutting-edge fraud detection mechanisms, it sets a groundbreaking benchmark in the DeFi sector.

Join Supra’s Journey to Excellence

Supra is at the forefront of providing oracle services, RNG/VRFs, price feeds, and data oracles, ensuring enhanced functionality, security, and dependability for blockchain applications.

Our developer toolkit is tailored to offer increased performance, flexibility, and stability during data application development and management. For additional support, the Supra platform features in-depth developer guides and whitepapers. These resources act as essential guides for seamlessly incorporating our oracle offerings.

We’re also excited to share that Supra is broadening its horizons to encompass additional blockchain ecosystems. Keep an eye out for future revelations as Supra continues its progressive journey. Dive into Supra’s pioneering launch phase and participate in this exhilarating expedition!

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About The Arbitrum Foundation

The Arbitrum Foundation, founded in March 2023, supports and grows the Arbitrum network and its community with secure scaling solutions for Ethereum.

Arbitrum One

Arbitrum One is a leading Ethereum Layer-2 scaling solution developed by Offchain Labs. An Optimistic Rollup, Arbitrum One provides ultra-fast, low-cost transactions with security derived from Ethereum. Launched in August 2021, the Arbitrum One mainnet beta is EVM-compatible to the bytecode level and has 60%+ TVL in the L2 segment. 400+ DeFi and NFT projects are live in the ecosystem to date. In August 2022, Arbitrum One upgraded to Nitro tech stack, enabling fraud proofs over the core engine of Geth compiled to WASM. 

Arbitrum Nova

Arbitrum Nova is a leading Ethereum Layer-2 scaling solution developed by Offchain Labs. An AnyTrust solution, Arbitrum Nova is ideal for gaming, metaverse and SocialFi projects, enabling instant confirmation and <$0.01 transactions with minimal trust assumptions. Since August 2022, Arbitrum Nova has been the home for Reddit community token holders from r/Cryptocurrency and r/FortniteBR.

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