Matic Network Adopts The Chainlink Oracle

in matic •  4 years ago 

Matic Network Adopts The Chainlink Oracle

Matic Network has been breaking grounds in the digital system as it has been facilitating the creation of fully scalable Dapps to be used in the improvement of the global system.

Using its improved technologies and algorithms such as the plasma framework and the highly sophisticated Proof-of-Stake (PoS), Matic guarantees the efficient functioning of every decentralized application deployed on it, giving it the ability to process numerous transactions at a great speed and a reduced cost, thereby driving the needed scalability.

But seeing that any reliable Dapp needs an efficient data source, for real-world data,

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Matic Network Collaborates With Chainlink Data Oracle

In response to the need for a data source, to help the performance of any Dapp on its system, Matic has partnered up with one of the reputable data oracles called Chainlink.

Chainlink Oracle, being an efficient data oracle, solves the problem which different Dapps systems face, which is the absence of a reliable data source for its efficient performance.

By adopting Chainlink, Matic Network will be able to give the global users more than just scalable Dapps, but reliable real-world data, to be able to operate well.

Conclusion

Chainlink will also create an efficient off-chain data feed for Matic, just to make sure that any smart contract on its system will get exactly what it needs to function.

Website Matic.network

WRITER Victor Emmanuel

Telegram Username @vickystar01

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