IguVerse Integration with Chainlink

Published on: 20.12.2022
IguVerse Integration with Chainlink

IguVerse Integration with Chainlink, This is another step in the direction of becoming a truly decentralized platform that would be fully transparent.

In order to help randomize Mystery Boxes, they need 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. 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. As IguVerse announced its Integration with Chainlink.

They selected Chainlink VRF because it’s based on cutting-edge academic research, supported by a time-tested oracle network, and secured through the generation and on-chain verification of cryptographic proofs that prove the integrity of each random number supplied to smart contracts.

Chainlink VRF

Works by combining block data that is still unknown when the request is made with the oracle node’s pre-committed private key to generate both a random number and a cryptographic proof. The smart contract will only accept the random number input if it has a valid cryptographic proof, and the cryptographic proof can only be generated if the VRF process is tamper-proof.

­“Randomness is a crucial part of many online games and digital experiences. Chainlink VRF helps us to fairly randomize IguVerse Mystery Boxes.” — Andriy Tkachiv, CEO and Co-Founder of IguVerse.

­

Website | Twitter

­

About IguVerse

IguVerse GameFi app redefines the whole concept of NFT using AI/ML technologies. Unique user-generated NFTs become the new standard NFT 2.0.

Website | Twitter

­

SOURCE: MEDIUM
REQUEST AN ARTICLE
Market Stats:
BTC Dominance: 53.52%(+0.11%/24h)
ETH Dominance: 16.17%(-0.08%/24h)
Defi Market Cap: $87.89B(-7.30%/24h)
Total Market Cap: $2367.22B(-0.10%/24h)
Total Trading Volume 24h: $79.28B(-4.40%/24h)
ETH Market Cap: $382.67B
Defi to ETH Ratio: 22.97%
Defi Dominance: 3.53%
Altcoin Market Cap: $1100.3B
Altcoin Volume 24h: $47.32B
Total Cryptocurrencies: 29420
Active Cryptocurrencies: 9833
Active Market Pairs: 82319
Active Exchanges: 753
Total Exchanges: 8385
BTC: 64324.34$(-0.25%/1H)
ETH: 3135.31$(-0.46%/1H)
AVAX: 35.39$(-0.83%/1H)
BNB: 608.77$(-0.46%/1H)
MATIC: 0.72$(-1.61%/1H)
FTM: 0.75$(-0.37%/1H)
ADA: 0.47$(-1.26%/1H)
DOT: 6.86$(-0.72%/1H)
UNI: 7.8$(-1%/1H)
CAKE: 2.77$(-0.95%/1H)
SUSHI: 1.02$(-1.32%/1H)
ONE: 0.02$(-1.36%/1H)