According to The Block’s report, Ethereum (ETH) scale development firm StarkWare, StarkNet blockchain oracle developer to provide oracle services, data and price streams to its ecosystem chainlink labs getting ready to partner with
Starware will join Chainlink’s SCALE program with this partnership.
Along with this program, StarkNet, Chainlink (LINK) will make its price streams available on the StarkNet testnet.
Also, StarkNet developers will have access to low-cost StarkNet tokens that will cover their operating costs.
Chainlink is a decentralized oracle network that enables smart contracts to securely access off-chain data sources, APIs, and payment systems.
Eli Ben-Sasson, co-founder of StarkWare He said the following about the partnership in question:
“We are excited to join the Chainlink SCALE program to provide access to the industry standard for oracle services to our ecosystem of developers and enable the next generation of globally scalable web3 applications to be built on StarkNet.
We look forward to continuing our collaboration and welcoming the passionate Chainlink community to the StarkNet ecosystem.”
Chainlink co-founder Sergey Nazarov In the statement, the partnership said that the partnership works for Starknet users and developers at high speeds and low costs. chainlink Stating that it will provide great benefits in oracle networks, he used the following statements:
“We are excited that StarkNet is joining the Chainlink SCALE program and further supporting the upcoming deployment of Chainlink services on the StarkNet mainnet.
By reducing the operating costs of oracle nodes, StarkNet can accelerate the growth of its ecosystem and become a more attractive environment for building scalable dApps in the Web3 ecosystem.”
Finally chainlink Stating that data charges are now live on the StarkNet testnet and are expected to launch on the mainnet in the near future, the StarkWare team added that this partnership will help accelerate StarkNet adoption and growth of its ecosystem.
LINK, which has not experienced much movement in its price after the news of the partnership, continues to trade at $ 6.98 with an increase of 0.33% in the last hour.
*Not investment advice.
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