February 19, 2024 - 2 min read
We’re thrilled to share that Supra has officially rolled out our decentralized Oracle (DORA) price feeds on the Metis network. This marks a significant milestone in our commitment to providing innovative and reliable data solutions.
The integration of DORA price feeds on the Metis network offers an enhanced level of accuracy and efficiency in accessing real-time price data. This is a game-changer for developers, traders, and enthusiasts within the blockchain space. It provides more precise and up-to-date market information.
Supra’s Distributed Oracle Agreement (DORA) revolutionizes blockchain by efficiently integrating off-chain data. Its sophisticated aggregation method forms data clusters from multiple sources, enhancing data integrity and security. This approach is critical for smart contracts, where DORA ensures data accuracy and reliability by requiring verification from various nodes.
DORA enhances the Web3 environment’s smart contracts by focusing on node consensus, agreement, and validity, supported by Supra’s Moonshot consensus mechanism and the distributed VRF. These integrations heighten security and efficiency in volatile market conditions. Supra’s HyperNova initiative also signals their ongoing innovation in blockchain data integration.
Oracles like DORA are essential for linking deterministic blockchains with real-world data. DORA maintains data integrity and relevance, which is crucial for blockchain interoperability. By overcoming challenges like Byzantine faults and providing data from quality sources, DORA establishes itself as a vital tool in the blockchain ecosystem, ensuring secure, reliable, and effective data integration for blockchain applications.
Metis, an Ethereum Layer 2 Rollup, addresses key challenges of Ethereum mainnet, such as transaction speed, cost, and scalability. It offers a range of products for blockchain project developers, app developers, and those seeking modern solutions for Ethereum’s challenges.
As a permissionless Layer 2 network, Metis enhances decentralized applications in the Web3 era. The network is known for its low gas fees, rapid transactions, cost-effective on-chain storage, secure, scalable infrastructure, straightforward integration, and a robust DeFi ecosystem offering numerous attractive opportunities for users.
Additionally, Oracle price feeds, backed by Supra’s DORA, are now integrated into Metis. This allows developers to request real-time price updates, lowering on-chain interaction costs efficiently. Metis network’s incorporation of these feeds enhances smart contract functionality by offering flexible, cost-efficient updates.
Supra is revolutionizing blockchain applications by improving functionality and security. Their toolkit, accompanied by detailed guides and whitepapers, boosts app performance and eases integration processes.
Additionally, Supra is broadening its influence across different blockchain ecosystems, marking a period of innovative advancements in the field.
Join the Supra community:
Twitter | Telegram | LinkedIn | Announcements | Medium | Discord | YouTube
Follow Metis on:
RECENT POSTS
註冊Supra通訊,獲取公司新聞、行業見解等信息。當我們退出隱形模式時,您還將第一時間獲知。
©2024 Supra | Entropy基金會(瑞士註冊號:CHE.383.364.961)。保留所有權利。