May 09, 2024 - 2 min read
Supra has integrated its DORA price feeds with the B² Network, enhancing blockchain transactions and data management. This allows for on-demand data retrieval by smart contracts, streamlining data flow, and reducing congestion and costs. It facilitates the development of efficient and scalable dApps on the B² Network.
Supra’s Oracles significantly enhances smart contracts by enabling cross-chain interoperability and extending Web3 functionality. Through the Decentralized Oracle Agreement (DORA), Supra efficiently validates and communicates variable real-world data to deterministic blockchain systems. DORA tackles Byzantine corruption and potential node collusion issues by offering high-quality data sources and supporting both pull and push subscription models for a diverse array of application needs.
Integration with Supra’s Moonshot consensus and distributed VRF ensures robust security guarantees, enhancing the reliability of blockchain data verification. In addition, DORA’s unique architecture ensures reliable data consensus through its innovative features: archival for secure data storage, authenticity for accurate data verification, and aggregation for merging diverse data sources into a singular, dependable value. The protocol operates within a “tribes-clans” system designed for optimal data management and fault tolerance.
By incorporating strategies such as randomization, periodic task reassignment, sophisticated anomaly detection, and cross-correlation for fraud analysis, Supra’s oracle technology represents a leap forward. Supra is also poised to introduce HyperNova, a bridgeless cross-chain consensus mechanism, further enhancing its capability. These advancements underscore Supra’s commitment to providing a scalable, secure, and efficient framework for the integration of external data into blockchain applications.
B² Network is a modular Bitcoin Layer-2 solution. It introduces B² Rollup, the first Bitcoin rollup based on verification commitment, and B² Hub, the first Bitcoin Data Availability (DA) layer that achieves finality on the Bitcoin network. It aims at enhancing transaction speeds and expanding the scope of applications without compromising on security. It achieves compatibility with both Bitcoin and Ethereum addresses, facilitating a fast, economical, and reliable platform.
Leveraging zero-knowledge proofs and Bitcoin’s Taproot, B² Network transforms Bitcoin into a versatile platform for DeFi and NFTs, showcasing its potential beyond just payments with its TVL reaching over $600 Million at its peak. B² Network prioritizes aligning with the EVM to tap into its widespread user base. They ensure that the transition for users and developers is seamless and fosters the growth of BTC-related assets across various sectors.
Moreover, Supra’s DORA oracle price feeds have been integrated into the B² Network’s smart contracts, improving security and efficiency. These feeds are pulled on-demand, enhancing flexibility and lowering costs for on-chain operations, thereby offering B² Network developers optimized smart contract functionality with secure and economical data feeds.
Supra specializes in creating scalable and secure Web3 services, focusing on swift on-chain transaction finality. They provide a comprehensive toolkit, including detailed guides and whitepapers, to assist developers in understanding and utilizing these technologies. Supra encourages everyone to participate in their ongoing development journey.
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