Polkadot developers now have access to Chainlink oracles as the Moonbeam network has recently completed its integration with Chainlink technology. This will enable developers to create and deploy smart contracts with real-time data from Chainlink and access secure, reliable price feeds.
What is Chainlink?
Chainlink is blockchain middleware that connects smart contracts to key external resources such as off-chain data, web APIs, and traditional bank payments. By bridging smart contracts to external data it allows developers to create web-based applications as well as payment applications that can interact securely with external data sources.
How will the Moonbeam Integration Help?
The integration of the Moonbeam network with Chainlink's oracle technology will enable developers to access reliable data feeds on the Polkadot network, making development much easier.
Advantages for Polkadot developers
The integration of the Moonbeam network with Chainlink brings a host of advantages to Polkadot developers:
- Highly secure and reliable data: Chainlink provides the highest level of security and data accuracy available in the industry.
- Scalability & Flexibility: Chainlink's oracle model is highly scalable and allows developers to use a variety of data sources (web, mobile, cloud, etc.)
- Hassle-Free Smart Contract Development: Using Chainlink's oracles, developers can create and deploy smart contracts with reliable data feeds on the Polkadot network in a matter of minutes.
The integration of the Moonbeam network with Chainlink has opened up a world of possibilities for Polkadot developers and will help them create powerful decentralized applications quickly and securely.
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