Is the hype Redstone getting worth it?. In this small writeup i will summarily tell you what Redstone is all about that makes it worth all the hype it is getting.

what's Redstone? Redstone is an Oracle that delivers frequently updated, reliable, and diverse data feeds for your dApp and smart contracts on multiple L1s & L2s.

Here are some interesting facts about Redstone:

a. The modular architecture maintains data integrity from source to smart contracts b. There are 3 different ways to integrate our service tailored to your needs c. They provide feeds for more than 1000 assets integrating ~50 data sources d. They are present on 20+ chains

What does Redstone offer?

RedStone offers a radically different design of Oracles catering to the needs of modern DeFi protocols. 2. Data providers can avoid the requirement of continuous on-chain data delivery 3. Allow end users to self-deliver signed Oracle data on-chain 4. Use the decentralized Streamr network to deliver signed oracle data to the end users 5. Use token incentives to motivate data providers to maintain data integrity and uninterrupted service 6. Leverage the Arweave blockchain as cheap and permanent storage for archiving Oracle data and maintaining data providers’ accountability.

That’s all for today. THANKS