Monday, December 23, 2024
HomeDeFiAvalanche blockchain receives Oraichain's verifiable random function

Avalanche blockchain receives Oraichain’s verifiable random function

The Oraichain team, which is known to focus on AI-powered blockchain infrastructure and oracle systems, is now prepared to improve the developer experience and functionality of Avalanche-powered decentralised apps (dApps).

According to Oraichain, an AR-powered infrastructure builder for multiple blockchain systems, its completely on-chain Verifiable Random Function (VRF) has been successfully released on Avalanche (AVAX).

When Orachain launches its product on Avalanche (AVAX), all Avalanche (AVAX) developers will receive a publicly verified random number generator for their purposes. It removes the need for gambing protocols and DeFi platforms to connect third-party systems through APIs.

Using a decentralised oracle platform reduces the possibility of attacks: no malicious attacker may corrupt or tamper with on-chain solutions.

To fulfil this purpose, Oraichain’s tamper-proof and transparent Verifiable Random Function (VRF) uses the group signature verification process. When a dApp seeks verified randomness, Orachain sends it in a virtually immediate noncustodial way through the Orachain-Avalanche bridge.

The same cross-chain bridge is used to provide publicly verifiable random values to the VRF contract and, subsequently, to a decentralised application that requests them.

Oraichain VRF 2.0, with its plug-and-play Lego-like framework, can be utilised and incorporated even by developers with minimal experience in smart contract development.

As a result, the availability of this protocol may aid in the transfer of applications from Web2 to Web3.

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Jeewan Singh
Jeewan Singh
Jeewan Singh is CryptoShrypto’s content writer and a seasoned writer with over two years of experience in writing about Indian Securities Market. Jeewan's participation in Blockchain and Cryptocurrency started in late 2020, and he hasn't looked back since. The technical and economic outcomes of cryptocurrency are what spark his curiosity, and he keeps one eye on the market.
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