MyMoonBots Integrates with Chainlink VRF

MyMoonBots Integrates with Chainlink VRF. By integrating the industry-leading decentralized oracle network, MyMoonBots now have access to a verifiable random number generator (RNG)that helps ensure prize distributions are executed in a provably fair manner. Ultimately this gives higher assurances to their users that the random selection of NFT holders is underpinned by an on-chain and verifiable RNG. And now MyMoonBots Integrates with Chainlink VRF.

Chainlink VRF v2 was purpose-built for use in smart contracts and can be used by smart contract developers as a tamper-proof random number generator that helps power applications that rely on unpredictable outcomes, such as:

  1. Blockchain games and NFTs
  2. Random assignment of duties and resources (e.g., randomly assigning judges to cases)
  3. Choosing a representative sample for consensus mechanisms

In the case of MyMoonBoots, Chainlink VRF v2 is used to help secure digital asset rewards such as NFTs and tokens to community members. In order to fairly choose prize winners within the community, they needed access to a secure random number generator (RNG) that any user could independently audit. However, RNG solutions for smart contracts require several security considerations to prevent manipulation and ensure system integrity. For instance, RNG solutions derived from blockchain data like block hashes can be exploited by miners/validators, while off-chain RNG solutions derived from off-chain APIs are opaque and don’t provide users with definitive proof about the integrity of the process.

“We are absolutely delighted to have integrated Chainlink VRF v2, as the service enables us to reward MyMoonBoots community members in a provably fair manner. We know how important it is to our community that we’re transparent in everything we do, especially when it comes to rewards. As the industry standard for on-chain RNG solutions, Chainlink VRF v2 helps us proceed in the most secure and reliable way possible.” — MyMoonBoots team

Chainlink

Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications.

MyMoonBoots

MoonBoots Group offers a full-service suite of marketing, VC and business solutions. Positioned perfectly to support the advancement of decentralized blockchain technology, metaverse development and more, through strategic investment, network penetration, various services, and resources. Our group focuses on adding real value and utility through strategic relationships to bolster the offerings we engage with, and other high-end solutions.

Source

https://medium.com/@MoonBootsCap/mymoonboots-integrates-chainlink-vrf-v2-to-help-power-fair-reward-distribution-572dea457864

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