DMail Integrates Chainlink Price Feeds

Published on: 29.09.2022
DMail Integrates Chainlink Price Feeds

DMail Integrates Chainlink Price Feeds, assurances that prices for Dmail domains are accurate and up-to-date when buying a de-centralized Dmail inbox.

By integrating the industry-leading decentralized oracle network, Dmail now has access to high-quality, tamper-proof price feeds needed to help display the pre-sale prices for Dmail Domains. As DMail announces its Integrates Chainlink Price Feeds.

Integration

This involves using the following Chainlink Price Feeds: ICP/USD. They chose Chainlink as their go-to oracle solution because its infrastructure is seamless to integrate and time-tested in production. Chainlink already helps secure leading DeFi protocols responsible for tens of billions of dollars in smart contract value, maintaining robust security and high availability even amidst unexpected events, such as exchange downtime, flash crashes, and data manipulation attacks via flash loans.

What exactly is Chainlink Price Feeds?

  • High Quality Data – Chainlink’s data aggregation model generates more precise global market prices that are inherently resistant to inaccuracies or manipulation of any single or small set of exchanges.
  • Provides a robust reputation framework and set of on-chain monitoring tools that allow users to independently verify the historical and real-time performance of node operators and oracle networks.
  • Decentralized at the data source, oracle node, and oracle network levels, generating strong protections against downtime and tampering by either the data provider or oracle network.
  • Secured by independent, security-reviewed, and Sybil-resistant oracle nodes run by leading blockchain DevOps teams, data providers, and traditional enterprises.

“Integrating Chainlink is an important milestone towards realizing our decentralized mailbox service! Dmail’s use of Chainlink technology helps unlock a better user experience, helping the project become the leading mailbox service in the Web3 space.” Lucas, Dmail Co-Partner.

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About Chainlink

Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Their 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. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries. And offers global enterprises and leading data providers a universal gateway to all blockchains.

Website | Twitter 

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About Dmail Network

Dmail is the first Web3.0-based mailbox dApp with integrated distributed storage. It downgrades the threshold for users to participate in the crypto world. And establishes a basic gateway and key connector for on-chain and off-chain user communication. Information sharing, and collaborative communication through undifferentiated information transmission between traditional emails and blockchain emails.

Website | Twitter 

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SOURCE: MEDIUM
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