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Hints: You are going to involve in the most important process of blockchain technology. Ranging from price feeds to sophisticated financial models, access to reliable and efficient data streams can be the make-it-or-break-it factor of a decentralized finance (DeFi) platform. The RedStone has emerged as a revolutionary data delivery protocol that meets this vital demand. From its highly modular architecture to its extensive feature set and integration capabilities, RedStone represents a powerful tool for developers and enterprises all over. In this article, we will explore what RedStone is all about, spotlight its unique functionality, its modular structure, and several use cases for the DeFi ecosystem.
What is RedStone?
RedStone is a next-generation data delivery protocol that empowers decentralised applications at scale with unparalleled performance, reliability and flexibility. This means that instead of each data source having its own oracle, as it is with traditional oracles, RedStone adopts a modular architecture that ensures data sourcing, verification, and delivery to smart contracts occurs in the most optimized manner. It resolves a few of the most significant issues developers of blockchain face, by providing cost-effective solutions, high-frequency data refresh rates and a broad library of data feeds.
Core Features of RedStone
Hints: You are going to involve in the most important process of blockchain technology. Ranging from price feeds to sophisticated financial models, access to reliable and efficient data streams can be the make-it-or-break-it factor of a decentralized finance (DeFi) platform. The RedStone has emerged as a revolutionary data delivery protocol that meets this vital demand. From its highly modular architecture to its extensive feature set and integration capabilities, RedStone represents a powerful tool for developers and enterprises all over. In this article, we will explore what RedStone is all about, spotlight its unique functionality, its modular structure, and several use cases for the DeFi ecosystem.
What is RedStone?
RedStone is a next-generation data delivery protocol that empowers decentralised applications at scale with unparalleled performance, reliability and flexibility. This means that instead of each data source having its own oracle, as it is with traditional oracles, RedStone adopts a modular architecture that ensures data sourcing, verification, and delivery to smart contracts occurs in the most optimized manner. It resolves a few of the most significant issues developers of blockchain face, by providing cost-effective solutions, high-frequency data refresh rates and a broad library of data feeds.
Core Features of RedStone
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