CRYPTO NEWS & DATA SPACE

CRYPTO NEWS & DATA SPACE

DIA Live on Wanchain

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DIA live on Wanchain. DIA’s end-to-end data and oracle infrastructure are now available for all users and developers on the Wanchain mainnet.

Alongside this oracle integration, DIA has added price feeds for a variety of Wanchain assets such as including the $WAN coin to its library.

DIA AS AN OPEN SOURCE PLATFORM

DIA’s open source platform enables sourcing and validation. Sharing of transparent and verified data feeds for traditional and digital financial applications. DIA currently offers price feeds for 2,000+ cryptocurrencies, 20,000+ traditional finance equities and 18,000+ NFT collections.

To generate the final price points, DIA transparently fetches trade data directly from a broad array of on-chain and off-chain sources and is currently integrated with 65+ sources. This granular sourcing capability allows DIA to build fully customizable price oracles in regards to the mix of sources and methodologies, resulting in tailor-made, high resilience feeds and thereby setting a new paradigm for oracles.

Wanchain Sustainable Layer1 Pos Blockchain

Wanchain is both a sustainable Layer 1 PoS blockchain and a decentralized wide area network of blockchains. The Wanchain Layer 1 PoS blockchain is a full Ethereum-like environment. Works with industry-standard Ethereum tools, dApps, and protocols and supports Monero-style private transactions.

Wanchain uses a Proof of Stake consensus algorithm called Galaxy Consensus that leverages a variety of cryptographic schemes including distributed secret sharing and threshold signatures to improve random number generation and block production mechanisms. Galaxy Consensus, developed by world-class researchers and academics, is a continuation of Cardano’s Ouroboros.

Wanchain’s wide area network of blockchains is a decentralized system of direct. Non-custodial cross-chain bridges connect both EVM and non-EVM networks without requiring any centralized intermediaries.

These bridges use a combination of Secure Multiparty Computation (sMPC) and Shamir’s Secret Sharing to secure overcollateralized cross-chain assets. Currently, more than 17 Layer 1 and Layer 2 networks connect by Wanchain’s wide area network of blockchains.

“We are thrilled to integrate DIA’s oracle capabilities with Wanchain’s mainnet network. The Wanchain ecosystem will benefit DIA’s multi-source capabilities, as they will enable the easy deployment of price oracle for Wanchain assets. DIA’s accurate and transparent oracles will expand the capabilities of Wanchain dApps by enabling the development of a wide variety of DeFi, NFTfi and GameFi use cases.”— Michael Weber, DIA Association President

“Access to reliable, real-world information is indispensable for developers building RealFi, DeFi and GameFi use cases. DIA’s oracles not only reduce the go-to-market time for developers on Wanchain but provide them with the tools necessary to enable their dAPPs to operate in a wider capacity.”— Li Ni, Wanchain VP of Business Development 

ABOUT Wanchain

Wanchain, the Wide Area Network chain, is the world’s premier decentralized blockchain interoperability solution. Its mission is to drive blockchain adoption through interoperability by building fully decentralized bridges. Connect the world’s many siloed blockchain networks. This cross-chain infrastructure empowers developers to build truly decentralized cross-chain applications to power the future of Web3.

Website |Twitter

ABOUT DIA

DIA is a multi-chain, end-to-end, open-source data and oracle platform for Web3. The DIA platform enables the crowd-sourcing, validation, and sharing of transparent and verified data feeds for asset prices, metaverse data, and more.

Website | Twitter 

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