API3 Propels Data Reliability on Ethereum L2 with Taiko Integration
CryptoNewsTerminal Staff05 Jun, 2024
API3 Propels Data Reliability on Ethereum L2 with Taiko Integration
API3, a pioneer in decentralized oracles, has taken a significant step forward by launching its Oracle Stack on Taiko, an Ethereum Layer 2 network utilizing zkEVM technology. This integration empowers users with seamless access to decentralized data feeds (dAPIs) on Taiko. The integration of API3's Oracle Stack on Taiko opens up new possibilities for developers and users alike. By leveraging Taiko's high throughput and low latency, dAPIs can now be accessed efficiently and cost-effectively. This enhanced scalability and affordability will drive innovation in the decentralized data ecosystem. API3's Oracle Stack provides a comprehensive suite of tools and services for creating, consuming, and monetizing dAPIs. Developers can utilize API3's secure and reliable oracle services to incorporate real-world data into their smart contracts. By harnessing the power of Taiko, these dAPIs can operate with greater efficiency and reach a wider audience.
