Chainlink’s Verifiable Random Function (VRF) officially partners with the Binance Smart Chain (BSC). As a result, this partnership enables the developers within the BSC to have access to a tamper-proof and a verifiable source of on-chain randomness.
Read CRYPTONEWSLAND onTruly, this collaboration makes the BSC community excited over the technology that Chainlink VRF and BSC can create together.
In addition, Chainlink VRF enables the developers within the BSC platform to have access to the oracle solution. Therefore, developers using the oracle technology can have a secure and reliable gateway to off-chain data and computation.
Aside from the developers, the users of the BSC can also benefit from the technology of the Chainlink VRF. To be specific, this technology includes: assigning the rarity of NFTs or loot boxes once generated, choosing winners for on-chain lotteries and governance jurors and Establishing queues for in-demand token launches and popular events.
With these recent developments on the BSC, we can say that Binance continues to be competitive against its competitors. Currently, Binance is one of the crypto platforms that offers low fee using its BSC technology. As a result, traders and investors that use the BSC continue to increase every day.
Today, the Binance Smart Chain has over 31 billion in total value locked (TVL) as it continues to support new DeFi projects.
Discover the promising cryptocurrencies that could pave the path to millionaire status in 2024. #Crypto…
🚀 Brace for impact! $3.56 Billion worth of crypto assets unlocked in May 2024! Are…
Jack Dorsey's $21M donation to OpenSats fuels Bitcoin & Nostr tech expansion. $15M for Bitcoin,…
Get the latest Chainlink price analysis here. Polygon faces challenges, while Algotech's presale breaks records.…
🔥 Epic showdown: Bitcoin vs. Gold! Who will emerge as the ultimate investment king? 💰…
🚀 Ride the meme wave with Dogwifhat and Bonk! 📈 Discover the latest in meme…