March 15, 2024 - 2 min read
We are thrilled to announce that Supra has successfully integrated DORA price feeds into the BNB Smart Chain (BSC) and OpBNB Network. DORA price feeds are renowned for their reliability and precision.
By integrating these feeds, Supra aims to provide a trusted source of information that can enhance trading strategies, financial applications, and market analysis tools. Developers can now leverage these accurate price feeds to build more robust and reliable applications for the BSC and OpBNB ecosystem.
Supra’s Distributed Oracle Agreement (DORA) spearheads our mission to bridge the gap between real-world data and blockchain networks, addressing the challenges of Byzantine faults with unmatched precision. DORA operates through a network of interconnected nodes, ensuring the integrity and fault tolerance essential for reliable smart contract execution.
Integrating seamlessly with Supra’s Moonshot consensus mechanism and the distributed VRF, DORA enhances security and operational efficiency in volatile market conditions. This combination is crucial for maintaining the accuracy and reliability of data from various sources and streamlining the distributed agreement process within Oracle networks. Furthermore, DORA is central to Supra’s HyperNova initiative, which aims to forge a seamless cross-chain consensus mechanism.
DORA distinguishes itself by forming coherent data clusters from various nodes, enhancing the security and trustworthiness of data crucial for smart contracts in Web3. It offers low-latency Oracle services with flexible subscription models underpinned by robust security measures provided by the integration with Supra’s advanced consensus algorithms. This ensures exceptional performance, reliability, and responsiveness to market dynamics, making DORA a cornerstone for blockchain interoperability and practical data synthesis.
Supra’s DORA oracle price feeds have been integrated into blockchain smart contracts, enhancing security and efficiency. This integration allows for more flexible and cost-effective on-chain activities, optimizing smart contract functionality and offering developers secure, cost-efficient data feeds.
The BNB Smart Chain is a cutting-edge blockchain platform that merges programmability with reliability. It uses a Proof of Staked Authority (PoSA) mechanism and 50 validators for quick, cost-effective transactions.
In addition, it supports EVM-compatible smart contracts, allowing cross-chain communication and a seamless, interoperable experience. BSC’s rapid finalization, low costs, and unique consensus model make it a flexible choice for a wide array of decentralized applications.
OpBNB is presented as an optimized Layer-2 solution designed to fully unleash the potential of the BNB Chain. It promises lower fees and higher throughput. It’s a high-performance, cost-effective, scalable layer within the BNB ecosystem created using the OP Stack.
With a block size of 100M, OpBNB ensures stable and low gas fees, catering to various applications such as gaming, decentralized exchanges, daily use, and digital collectibles. It is EVM compatible, supports high transaction capacities at lower costs, integrates natively with the BNB ecosystem, and operates with a BNB native token-driven economy.
Supra specializes in decentralized Web3 services, emphasizing scalability, security, and fast transactions. They provide developers with tools, guides, and whitepapers for effective implementation. Supra invites everyone to engage with their evolving innovations.
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