Supra extends Oracle price feeds across five new blockchain

Supra price feeds offer advanced data integrity to dApps on these five blockchains

Supra is excited to announce the expansion of its decentralized Oracle price feeds to five new blockchain platforms: Telos blockchain, Dogechain, Kroma Network, Aurora, and Boba Network. This expansion offers up-to-date market data crucial for decentralized applications on these networks, streamlining operations and reducing transaction costs. 

By enabling efficient data retrieval, Supra’s latest integration simplifies dApp development and usage across these diverse ecosystems, benefiting both developers and users economically. This move reinforces Supra’s commitment to enhancing the blockchain ecosystem’s connectivity and efficiency.

Supra Ensures Data Precision and Seamless Interoperability

Supra’s Distributed Oracle Agreement (DORA) is revolutionizing the way blockchain applications interact with real-world data. By harnessing the power of advanced Oracle technology, DORA aggregates and authenticates data from multiple external sources, ensuring that smart contracts operate on accurate and reliable information. This is vital in overcoming the inherent challenge of non-determinism in blockchain environments, where data authenticity directly impacts the execution of smart contracts.

DORA’s innovative architecture employs a cluster approach to data aggregation, effectively mitigating the risk of Byzantine faults and enhancing the overall reliability of blockchain applications. This system secures data and enhances its integration into the blockchain with minimal latency, thanks to its integration with Supra’s cutting-edge Moonshot consensus mechanism and distributed VRF.

Looking ahead, DORA is set to play a crucial role in Supra’s HyperNova project, a groundbreaking initiative aimed at establishing a bridgeless cross-chain consensus mechanism. This development is poised to elevate the security, performance, and interoperability of blockchain networks, making DORA an indispensable tool for the DeFi ecosystem and beyond. Through its focus on ensuring data integrity, fault tolerance, and operational efficiency, DORA is paving the way for more sophisticated, reliable, and interconnected blockchain applications.

Following Blockchains Integrates Supra Oracle Price Feeds

Supra’s integration of oracle price feeds into blockchain smart contracts enhances security and efficiency. By fetching data on-demand, it improves adaptability and reduces costs for on-chain operations, offering developers secure and cost-effective solutions for smart contract functionality.

Telos Blockchain

Telos stands out in the blockchain space due to its exceptional scalability, speed, and privacy capabilities, making it a leading Layer 0 network.Ensuring fairness through fixed-rate gas fees to prevent front-running, it boasts an impeccable operational record with no downtime. Telos ensures Web3 interoperability, innovation, and sustainability with its low carbon footprint and ESG compliance. It combines performance, cost-efficiency, and eco-friendliness, making it a top platform for developers and key to DeFi’s future growth.

Dogechain

Dogechain enhances Dogecoin by introducing smart contract capabilities and aims to expand its utility in the DeFi ecosystem without competing with it. This EVM-compatible blockchain allows Dogecoin holders to access games, NFTs, and DeFi by wrapping Dogecoin into Dogechain contracts. It aims to transform Dogecoin into a versatile asset for various blockchain applications. 

Aurora

Aurora, powered by the NEAR Protocol, is a high-performance EVM offering Ethereum compatibility, scalable infrastructure, and low-cost transactions. It features advanced tools, gasless transactions, and a trustless bridge for seamless asset transfers. Governed by a hybrid AuroraDAO, Aurora provides a robust platform for a growing ecosystem of projects and developers.

Kroma Network

Kroma is a Layer 2 solution enhancing Ethereum with a Universal ZK Rollup, offering lower fees, faster transaction finality, and extensive developer support. Focused on gaming, it’s already attracting a wide range of games to its platform. It emphasizes pragmatism, adaptability, and user-friendliness, aiming to facilitate broader blockchain adoption and ensure platform security through comprehensive audits.

Boba Network

Boba Network is a multichain Layer 2 solution leveraging optimistic rollup technology to improve blockchain scalability and efficiency. It enables cheaper and faster transactions. Supporting multiple chains like Ethereum and BNB, Boba offers a secure, high-throughput environment with reduced fees. It provides a robust ecosystem and developer-friendly tools to accelerate project development, making it an ideal platform for building dynamic, smart contract-based applications.

Innovate and Build the Future with Supra

Supra is enhancing blockchain functionality and security through its Oracle services, offering a user-friendly toolkit complete with guides and whitepapers. Its expansion across multiple blockchain ecosystems marks a period of innovative advancements in the industry.

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