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Chainlink Data Streams and VRF Go Live Based on
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Chainlink Data Streams and VRF Go Live Based on

Key Points

  • Chainlink Data Streams and VRF are now fully integrated into the core platform.
  • The integration enhances the development of DeFi products with high throughput and security features.

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Decentralized oracle network Chainlink has launched its Data Streams and Verifiable Random Function (VRF) on Base, a layer 2 blockchain developed by Coinbase, the company said in a press release on Thursday. With the latest integrations, the full Chainlink product suite is now accessible to Base developers.

“Base’s builder-friendly environment is a perfect fit for Chainlink products,” said Thodoris Karakostas, Head of Blockchain Partnerships at Chainlink Labs.

The launch of Chainlink’s Data Streams and VRF on Base aims to provide Base developers with essential tools for building powerful and secure decentralized applications (dApps).

“We’re excited to see all of Chainlink’s infrastructure solutions now live on Base, enabling developers to build next-gen onchain apps,” said Tom Vieira, Head of Product at Base.

Chainlink Data Streams deliver low-latency market data and automated execution, the company noted. It enables high-throughput DeFi products to compete with centralized exchanges in terms of speed and user experience, while maintaining security and decentralization.

The solution allows dApps to access real-time data on-demand, instead of receiving updates at fixed intervals, the company said.

Meanwhile, Chainlink VRF introduces secure, on-chain random number generation to support smart contracts on Base.

The service is particularly useful for building blockchain games and non-fungible tokens (NFTs), as well as for creating applications that require transparency and fair outcomes.

The implementation of both Data Streams and VRF is expected to enhance the capabilities of dApps, allowing them to operate more efficiently and securely in a decentralized environment.

“Chainlink Data Streams’ low-latency market data enables developers to build next-generation DeFi products, while VRF now enables smart contracts on Base to access random number generation in a secure way,” Karakostas added.

In April, Chainlink Functions went live on Base, giving developers access to on-demand API functions and off-chain computations.

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