Chainlink Integrates Data Feeds and VRF into Coinbase's Base Network

IconCryptoNewsTerminal Staff15 Aug, 2024

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Chainlink Integrates Data Feeds and VRF into Coinbase's Base Network

Chainlink, a leading provider of decentralized oracle solutions, has expanded its reach by integrating its data feeds and Verifiable Random Function (VRF) onto Coinbase's native Layer 2 network, Base. This strategic move enhances the accessibility and reliability of data-driven applications within the Coinbase ecosystem. By leveraging Chainlink's data feeds, developers building on Base can seamlessly access a wide range of real-world data, including price feeds, weather data, and more. This integration empowers developers with the ability to create smart contracts that respond to real-time events and market conditions. Furthermore, the integration of Chainlink VRF provides developers with a secure and transparent way to generate random numbers on-chain. VRF plays a crucial role in various applications, such as gaming, lotteries, and random number generation for decentralized autonomous organizations (DAOs). This integration marks a significant milestone in the collaboration between Chainlink and Coinbase, enabling developers to build more robust and data-rich applications on the Base network.

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