Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
No Result
View All Result

Coinbase’s Base leverages Chainlink technology to enhance developer capabilities

CryptoExpert by CryptoExpert
January 23, 2024
in Trending Cryptos
0
Coinbase’s Base leverages Chainlink technology to enhance developer capabilities
  • Facebook
  • Twitter
  • Pinterest



You might also like

ERCOT Grid Rules Add A New Infrastructure Hurdle For Texas Bitcoin Miners

Airbnb’s 9 million listings could unlock crypto host financing while the homes stay off its balance sheet

Mantle’s Chainlink CCIP Migration Puts Bridge Risk Back In The Spotlight

Ethereum layer 2 network Base has successfully integrated Chainlink Automation to enhance the scalability of smart contracts, according to a Jan. 23 statement provided to CryptoSlate. This integration would allow Base developers access to decentralized, verifiable, and gas-efficient smart contract automation features.

Chainlink Automation is a secure and cost-efficient service tailored for Web3 developers, offering a 90% reduction in gas fees while maintaining blockchain standards. This integration enables Base developers to execute resource-intensive tasks on the Chainlink network, expanding the capabilities of smart contracts for more advanced use cases.

Furthermore, Chainlink Automation facilitates the connection of multiple decentralized applications (dApps) to a smart contract, acting as a potent messaging bus similar to the pub/sub messaging bus in Web2.

The integration aligns Chainlink Automation with existing Chainlink platforms like Cross-Chain Interoperability Protocol (CCIP) and Data Feeds on Base, collectively aiming to empower developers to construct sophisticated tools for highly scalable applications.

okex

Jesse Pollak, Base Creator and Head of Protocols at Coinbase shared his enthusiasm for the possibilities developers can explore on Base with Chainlink Automation’s advanced computing capabilities. According to him, offloading compute-heavy tasks to the Chainlink Network significantly broadens the spectrum of use cases for Base developers.

Base is a layer 2 network developed by the cryptocurrency exchange Coinbase. Following its launch, the network enjoyed early adoption from the community, pushing its total value locked (TVL) to a peak of almost $450 million, according to DeFillama data.

The network is also one of the most lively layer2 networks, with more than 200 protocols already operating on it and an average of 3.59 transactions per second, according to L2beat data.

Johann Eid, Chief Business Officer at Chainlink Labs, also expressed satisfaction in bringing Chainlink Automation’s high-performance compute power to Base. Eid emphasized the collaboration’s potential to create next-generation Web3 experiences supporting the adoption of the verifiable web.



Source link

  • Facebook
  • Twitter
  • Pinterest
Tags: Ethereum
CryptoExpert

CryptoExpert

Recommended For You

ERCOT Grid Rules Add A New Infrastructure Hurdle For Texas Bitcoin Miners

by CryptoExpert
July 15, 2026
0
Legal Battle Forces Singapore-based AI firm to Halt Bitcoin Purchases—What Happened?

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure ERCOT Grid Rules Add A New Infrastructure Hurdle For Texas Bitcoin Miners is a useful...

Read more

Airbnb’s 9 million listings could unlock crypto host financing while the homes stay off its balance sheet

by CryptoExpert
July 14, 2026
0
Liam 'Akiba' Wright

Airbnb co-founder and CEO Brian Chesky took to X (formerly Twitter) to argue that real-world asset tokenization should be judged by how much ownership friction it removes and whether...

Read more

Mantle’s Chainlink CCIP Migration Puts Bridge Risk Back In The Spotlight

by CryptoExpert
July 14, 2026
0
Chainlink Co-Founder Nazarov Reveals 3 Trends He’s Watching Closely

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Mantle’s Chainlink CCIP migration is the kind of infrastructure story that matters precisely because it...

Read more

Robinhood Chain tokens are reportedly vanishing from wallets causing buyers to lose funds

by CryptoExpert
July 13, 2026
0
Liam 'Akiba' Wright

Cross-chain transaction protocol Relay has claimed that buyers on Robinhood Chain, Robinhood's permissionless Ethereum Layer 2, lost money after tokens they purchased disappeared from their wallets.Relay highlighted the...

Read more

One crypto wallet tied to a 20-year-old fraudster processed over $122M before Interpol closed in

by CryptoExpert
July 13, 2026
0
Liam 'Akiba' Wright

Interpol said a crypto wallet linked to a 20-year-old fraud suspect processed more than $122.5 million over 10 months.Police in Thailand arrested two people in a money-laundering investigation...

Read more
Next Post
Client Diversity: Coinbase Under Fire As Crypto Users Fear Future Geth Glitch

Client Diversity: Coinbase Under Fire As Crypto Users Fear Future Geth Glitch

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

Sitemap

  • Market Cap
  • Donations
  • Trading
  • Mining
  • Contact

Legal Information

  • Privacy Policy
  • Anti-Spam Policy
  • Copyright Notice
  • DMCA Compliance
  • Social Media Disclaimer
  • Terms Of Service

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

© Copyright 2024 InvestInCryptoNews.com

No Result
View All Result
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO

© Copyright 2024 InvestInCryptoNews.com

This website is using cookies to improve the user-friendliness. You agree by using the website further.

Privacy policy
bitcoin
Bitcoin (BTC) $ 64,933.00
ethereum
Ethereum (ETH) $ 1,882.14
tether
Tether (USDT) $ 0.999274
bnb
BNB (BNB) $ 580.20
usd-coin
USDC (USDC) $ 0.999856
xrp
XRP (XRP) $ 1.11
solana
Solana (SOL) $ 78.21
tron
TRON (TRX) $ 0.326918
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.04
staked-ether
Lido Staked Ether (STETH) $ 2,265.05

Pin It on Pinterest

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?