Supra rolls out Oracle price feeds on the DeFiChain blockchain

Supra’s price feeds improves the trustworthiness of data in DeFiChain dApps

Supra’s Oracle price feeds have been officially launched on DeFiChain, a blockchain dedicated to fast, intelligent and transparent decentralized financial (DeFi) services. 

These feeds offer several key advantages: they provide real-time data access, enhance reliability, and are easy for developers to integrate. Furthermore, they improve data accessibility for both users and applications. This development effectively supports a wide array of blockchain projects by addressing their data needs.

Supra Advances Blockchain Data Integrity and Interoperability

Supra’s Distributed Oracle Agreement (DORA), integrates off-chain data with blockchain technologies, focusing on data integrity and enhancing fault tolerance. It boosts dependability and functionality of smart contracts by leveraging node consensus for data accuracy and agreement. DORA is pivotal for sourcing and authenticating data from high-quality sources, which is essential for blockchain interoperability and data amalgamation.

Seamlessly integrated with Supra’s Moonshot consensus algorithm and distributed Verifiable Random Function (dVRF), DORA delivers robust security and superior performance characteristics, such as low latency and high network reliability, and is adaptable to market changes. Supra’s HyperNova initiative further amplifies DORA’s capabilities, showcasing its commitment to advancing blockchain data integration.

By ensuring data integrity, DORA empowers deterministic blockchains with accurate, real-time data critical for the DeFi sector. Its focus on node consensus, agreement, and authenticity enhances smart contracts in the Web3 ecosystem, driving innovation and efficiency and thereby advancing smart contract and Web3 applications.

DeFiChain Integrates Supra Oracle Price Feeds

DeFiChain is a blockchain platform explicitly engineered for DeFi, emphasizing speed, security, and transparency. It facilitates a high transaction throughput and leverages a non-Turing-complete architecture to enhance security and minimize errors. 

The launch of MetaChain, an EVM-compatible update, aims to advance the blockchain’s capabilities, enabling the development of sophisticated applications alongside the primary chain. DeFiChain, which targets crypto investors seeking to optimize returns, offers services tailored to the DeFi sector, including decentralized lending, token wrapping, oracles, exchanges, and more. 

Supra now delivers Oracle price feeds on the DeFiChain blockchain, enhancing security for smart contracts. These feeds offer on-demand updates, reducing costs and providing flexibility for developers.  

Innovate and Build the Future with Supra

Supra excels in decentralized Web3 services, focusing on scalability, security, and rapid transactions. It is backed by comprehensive developer resources like guides and whitepapers. Joining Supra provides insight into its continuous growth, innovation, and active community involvement.

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