Chainlink VRF is Live on Binance Smart Chain

Published on: 29.04.2021
Chainlink VRF is Live on Binance Smart Chain

Chainlink VRF is Live on Binance Smart Chain to support the many dApps requesting access to #Chainlink VRF directly on #BSC, such as MTVE for creating provably random properties for ships and planets, ATTN for creating provably random traits and elements within Antasy platform NFTs and games, EtherCats for provably fair generation of random packs of EtherCat NFTs, CandorFi for provably fair raffles, and Infinity Skies for probably fair items in treasure chests.

“We are EtherCats, but our artwork includes references to many different crypto projects. We are platform agnostic like Chainlink when it comes to mission- critical operations. While the cats themselves will always have a home to return to on the Ethereum blockchain, our fine feline friends like to explore the world. Their territory encompasses a much wider area than most people expect. BSC’s lower overhead to transacting is more conducive to siring EtherCats. It is spring there right now. That lower overhead also applies to Chainlink VRF, so it is doubly good.”- Woody Deck Founder

Chainlink VRF provides BSC developers with access to a tamper-proof, cost-efficient, and a verifiably fair source of on-chain randomness, backed by cryptographic proofs and leading academic research. Chainlink VRF is the preferred RNG solution for all BSC dApps needing randomness as an input to their applications, empowering entirely new on-chain functions like the assignment of provably rare NFT traits, provably fair distribution of high-value NFTs, unbiased and tamper-proof selection of lottery winners, and much more.

Users can build high-throughput applications and NFTs on BSC using Chainlink’s cost-efficient, verifiable randomness to add gamified elements. Some examples of how to use Chainlink VRF in your BSC dApp include:

  • Assigning the rarity of NFTs or loot boxes once generated
  • Distributing new high-value NFTs to users in a provably random manner
  • Determining gameplay events like map generation, critical hits, and matchmaking
  • Choosing winners for on-chain lotteries and governance jurors
  • Establishing queues for in-demand token launches and popular events

With the NFT and gaming space simply scratching the surface of what’s possible, we look forward to seeing what users create on BSC using Chainlink VRF.

What is Chainlink?

Chainlink is the most widely used and secure way to power universally connected smart contracts. With Chainlink, developers can connect any blockchain with high-quality data sources from other blockchains as well as real-world data. Managed by a global, decentralized community of hundreds of thousands of people, Chainlink is introducing a fairer model for contracts. Its network currently secures billions of dollars in value for smart contracts across the decentralized finance (DeFi), insurance and gaming ecosystems, among others.

What is Binance Smart Chain?

Binance Smart Chain is a sovereign smart contract blockchain delivering Ethereum Virtual Machine (EVM) compatible programmability. Designed to run in parallel with Binance Chain, Binance Smart Chain retains the former’s fast execution times and low transaction fees while adding Smart Contracts functionality to support compatible dApps.

📰 INFO:

https://www.binance.org/en/blog/chainlink-vrf-is-live-on-binance-smart-chain-bringing-verifiable-randomness-to-bsc-developers/

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