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In decentralized applications based on Evescale will use Supraoracle oracles

Posted on October 10, 2022

In decentralized applications based on Evescale will use Supraoracle oracles

A new project appeared in Evescale-the ecosystem partner was the Supraoracle project, which is developing decentralized cross-oracles that can provide offchain-data smart contracts. This is the flagship project of the Swiss organization Entropy Foundation.

Supraoracle’s goal is to combine Web3 with classic capital markets. Oracles give developers tools that allow them to build, deploy and manage data in decentralized applications with greater efficiency and reliability.

As stated on the project’s website, a https://gagarin.news/news/7-million-the-ministry-of-digital-transformation-calculated-the-cryptocurrency-sent-to-help-the-ukrainian-army/ distinctive feature of Supraoracle oracles is a high speed of reaching the finals-3-5 seconds, the absence of uniform API (instead, a consensus procedure between a decentralized network of data sources is used), high performance and extremely low commissions for calls for calls. Another advantage is increased interoperability, which allows Defi applications to carry out swaps without slipping.

Supraoracle solution, in particular, is well suited for the work of Defi and payment blockchain solutions, metavselnaya and games using NFT.

As the Initial Member Everscale Dave Pulis noted, they decided to choose Supraoracle oracles due to stability and ease of use, and plan to use in applications with cross-operations.

Earlier we talked about the fact that the first decentralized marketplace of subscriptions called Everdues began to operate on the Blockchain Blockchain, and Tao launched a decentralized FlatQube exchange on the decentralized exchange.

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