Starter Integrates with Chainlink VRF And Price Feeds Oracles
Starter has come a long way from being one of the first-ever launchpads on Binance Smart Chain, formerly BSCstarter. The platform has been evolved into a multi-chain launchpad with multiple sold-out IDOs on Polygon, and BSC, and recent deployment on Ethereum and Fantom.
Starter Capital provides vital financial support and infrastructure for the most promising projects to IDO with the launchpad. And Starter Swap is the soon to be available cross-chain DEX & AMM, featuring liquidity farming pools & more.
Starter announced integration with Chainlink VRF and Price Feeds Oracle. The platform chooses Chainlink, as their go-to oracle solution because its infrastructure is seamless to integrate and time-tested in production. Chainlink already secures leading DeFi protocols responsible for 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.
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 Starter smart contract will only accept the random number input if it has valid cryptographic proof, and the cryptographic proof can only be generated if the VRF process is tamper-proof.
This provides their users with automated and verifiable assurances directly on-chain that this automated function is provably fair and cannot be tampered with by the oracle, outside entities, or the Starter team.
ABOUT Starter
Starter is the world’s first and most technologically advanced community token presale platform for Polygon, Ethereum, Fantom and Binance Smart Chain
ABOUT Chainlink
Chainlink is the industry standard oracle network for powering hybrid smart contracts. Chainlink Decentralized Oracle Networks provide developers with the largest collection of high-quality data sources and secure off-chain computations to expand the capabilities of smart contracts on any blockchain. Managed by a global, decentralized community, Chainlink currently secures billions of dollars in value for smart contracts across decentralized finance (DeFi), insurance, gaming, and other major industries.
RESOURCES
Medium