DIA Multi-Randomness live on Fuse

Published on: 19.10.2022
DIA Multi-Randomness live on Fuse

DIA Multi-Randomness live on Fuse, the most business and consumer-friendly blockchain ecosystem for mainstream adoption of web3 payments.

What is DIA Multi-Randomness?

DIA Multi-Randomness, in collaboration with drand, provides smart contracts with unpredictable and unbiased random numbers, facilitating the development of Web3 use cases across multiple blockchains. As DIA Multi-Randomness live on Fuse.

Overview

Unpredictable random number generation has become an essential building block for Web3. Decentralised applications, ranging from Web3 games to NFT collections or prediction markets, rely on random numbers to operate. For instance, a random number can grant a game with a lottery mechanism to reward players fairly or provide unpredictable attributes to a collection of NFT artworks.

Introducing DIA Multi-Randomness

DIA Multi-Randomness tackles essential Web3 development needs:

  • Multi-chain compatibility: DIA’s Multi-Randomness can be easily deployed in all EVM-compatible networks served by DIA including Astar, Arbitrum, Fantom and many more.
  • Verifiable randomness: all random values provided by DIA are verifiable off-chain, before becoming available to consuming smart contracts and hence, the oracle is not capable of manipulating the generated result.
  • Distributed and decentralised: DIA’s Multi-Randomness leverages drand, a distributed beacon generated by a network of participants named the League of Entropy — LoE.
  • Power your on-chain use cases: DIA’s Multi-Randomness can support a wide range of Web3 use cases including gaming, lotteries, prediction markets, NFT launches and many more.

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About Fuse

The stack is interoperable and compatible with the EVM ecosystem. While still enabling the business needs of regular businesses wishing to utilize this disruptive technology.

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About DIA

DIA is a multi-chain, end-to-end, open-source data and oracle platform for Web3. The DIA platform enables the sourcing, validation and sharing of transparent and verified data feeds for traditional and digital financial applications. DIA’s institutional-grade data feeds cover digital asset prices, NFT floor prices, lending rates, FX rates and more.

This allows DIA feeds to be fully customised with regards to the mix of sources and methodologies. Resulting in tailor-made, high resilience feeds and thereby setting a new paradigm for oracles.

Website Twitter

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