Chainlink Features goes dwell on Base L2, enabling on-demand API entry

Chainlink Features, a product of the decentralized oracle community Chainlink, has formally launched on Base, the layer-2 blockchain incubated by Coinbase and secured through Ethereum’s structure.

The mixing gives good contract builders on Base with entry to a computing infrastructure with a minimal belief basis, permitting them to retrieve knowledge from APIs and carry out customized calculations from a serverless setting.

Chainlink Features is a serverless, self-service developer platform that permits builders to attach their good contracts to any API and reduce computation. It serves as a decentralized compute runtime, helpful for testing, simulating, and executing customized off-chain logic for Web3 purposes. In some ways, Chainlink Features acts as a trust-minimized, blockchain-connected model of present serverless options equivalent to AWS Lambda and GCP CloudFunctions.

Belief-minimized computing infrastructure refers to a system that reduces the necessity to belief exterior actors concerned in computation through the use of cryptographic strategies to validate data handed between completely different elements.

Such an idea is usually utilized within the context of blockchain and good contract applied sciences, the place a trust-minimized computing infrastructure allows safe and dependable off-chain computations with out counting on a single supply of fact or a centralized entity.

Chainlink’s decentralized oracle community (DON) achieves a trust-minimized computing infrastructure through the use of cryptographic primitives, equivalent to zero-knowledge proofs, to validate data handed between blockchains.

“Base continues to determine itself as a fast-performing and superior L2 that allows builders to construct at scale within the blockchain ecosystem,” mentioned Thodoris Karakostas, Head of Blockchain Partnerships at Chainlink Labs.

Karakostas claims that entry to Features would assist builders engaged on Base improve their maneuverability.

Constructed as an Ethereum L2, Base gives the safety, stability, and scalability wanted to energy decentralized purposes (dapps). Tasks can deploy any EVM (Ethereum Digital Machine) codebase and onboard customers and belongings from Ethereum L1, Coinbase, and different interoperable chains. Base is designed to function the house for Coinbase merchandise, customers, and belongings, in addition to an open ecosystem the place anybody can construct and scale back prices for customers.

Chainlink Features eliminates the necessity for builders to handle their very own Chainlink node and gives decentralized off-chain computation and consensus, stopping a minority of the community from manipulating the response despatched again to the good contract.

The platform additionally helps the inclusion of secret values ​​in requests, that are encrypted utilizing threshold encryption and might solely be decrypted by a multi-party decryption course of, guaranteeing that every node can decrypt the secrets and techniques solely with the participation of different DON nodes.

Observe: This text was produced with the assistance of AI, particularly Claude 3 Opus for textual content and OpenAI’s GPT-4 for photos. The editor has extensively reviewed the content material to satisfy journalistic requirements of objectivity and neutrality.