- Chainlink is introducing Data Streams and VRF on the Base blockchain
- This supports Base’s growth and expands opportunities for L2 Ethereum
Chainlink, a leading provider of decentralized oracles, announced the launch of Data Streams and VRF on the Base blockchain.
This integration strongly promotes Base and presents huge opportunities for L2 Ethereum developers to scale and improve their decentralized applications.
Chainlink Data Streams on Base
Chainlink’s Data Streams allow off-chain data to be delivered to the blockchain with low latency and enable automation, achieving processing efficiencies comparable to centralized Web2 solutions.
This is one of blockchain’s thorny issues that are increasingly becoming a thing of the past thanks to Chainlink and now it’s available for Blockchain Base too.
This allows for more efficient, resilient, and secure blockchain applications while maintaining decentralization and growing the DeFi ecosystem.
Chainlink VRF on Base
Chainlink Verifiable Random Function (VRF), a random number generation tool, is a key component for creating smart contracts and making them fair and unpredictable where their logic requires it.
It’s worth noting that VRF has already earned a reputation for being safe and efficient, and this is especially true given its recent updates in gas optimization.
This is now also available for Base, and it’s hard to overstate how much those integrations should expand the capabilities of this blockchain.
Thodoris Karakostas, the head of blockchain partnerships at Chainlink Labs, commented on the announcement as follows:
“Base’s builder-friendly environment is a natural fit for Chainlink products, and we’re excited to see all of the Chainlink platform now available on Base.”
Conclusions
Chainlink is a key player in the crypto industry infrastructure that provides efficient and secure exchange of off-chain and on-chain data and is doing fundamentally important work for the development of the entire Web3.
This is why LINK deservedly made our list of the top 10 cryptocurrencies of 2024, which you can learn here.
Its integration of Data Streams and VRF to one of the key blockchains, such as Base, is very good news for many big projects and every single L2 developer, and it’s impossible to overstate how excited they should be right now.
