Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Chainlink Forum => Topic started by: Mahindra on October 13, 2021, 02:47:13 PM
-
High-performance, low-cost blockchain network Solana announced in August that Chainlink Price Feeds went live on the Solana Devnet, with mainnet integration on the way in Q4. Now in the home stretch of the integration’s expected timeline, developers are eager to build high-speed, low-cost DeFi applications with even greater efficiency using Chainlink’s industry-standard oracles for sub-second, tamper-resistant, high-quality off-chain data.
How will these applications tip the scale toward DeFi’s mass adoption? In an elucidating fireside chat at this year’s SmartCon, Anatoly Yakovenko, CEO of Solana Labs, the architect of Solana protocol, and Chainlink Labs’ Head of Integration, Johann Eid, shared how they expect Chainlink’s decentralized oracle infrastructure and Solana’s unique blockchain architecture to catalyze a new tier of advanced high-throughput DeFi applications that shift mainstream adoption into a pivotal new gear. info (https://chainlinktoday.com/chainlinks-q4-integration-on-solana-mainnet-to-catalyze-next-gen-innovation/)
-
Solana combines Chainlink oracle with low latency, high capacity and replication software on a single shard. They can help with the oracle and market problem by offering more block producers per second, more traders per second, and more price streams per second. If the market is designed to function fairly, and if at least one honest block producer participated in period T, then performance can help maximize the chances of an honest block producer participating in the market. Let's look at specific numbers: Ethereum blocks are created every 15 seconds, while a Solana block is created in 400ms with block producers rotating every four slots (1600ms).
-
Chainlink is included in the Solana coin blockchain so it will definitely improve the ecosystem of the Chainlink coin and this will also make Solana even more have a very high selling value and hopefully this collaboration will continue to be something very good for the future.
I'm trying to understand things like this because Chainlinik is a coin that has types like Polkadot, Binance Smart Chain and Ethereum that are able to dominate the cryptocurrency market simply and easily.
-
This Next-Gen coin is indeed thirsty to be done by Chainlink coins because I see the Solana coin is really very friendly to work with and everyone also knows that this Solana coin is really very expensive, the value of the community has not wavered until this moment in the storm even though the market is red.
The Chainlink #DevelopmentTeam also fully understands how the Solana coin works, so it makes it easier to integrate the value of Chainlink itself to adapt to Solana in the future.
-
The news is too good for LINK, all ecosystems need to use Link for the purpose of obtaining data from the real world and serving DeFi in that ecosystem. BSC, Solana, TRON, EOS, Terra - all need Link's support. Hope the LINK price will go up soon and make a new ATH.