Sunday, May 21, 2023

Weekly Wrap: Sergey Nazarov, Chainlink Co-Founder, Talks About Cryptographic Guarantees In Web3 - May 15 - May 21

Chainlink News and Announcements

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Jacquelyn Melinek, Senior Crypto Reporter at TechCrunch, interviewed Sergey Nazarov, Co-Founder of Chainlink, a protocol that provides an oracle network to power smart contracts. Listen to the full episode here.

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Chainlink Automation will help developers with hyper-reliable smart contract automation. Developers can now trigger key functions and DevOps tasks using Automation, enabling them to scale their dApps seamlessly.

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Chainlink VRF is Live on Arbitrum One. Arbitrum devs can now access provably fair, tamper-proof randomness on-chain.

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Explore how Coinbase Cloud's multi-region infrastructure & experience running high-performance validators can help grow the multi-chain ecosystem.

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In return, the project will make 5% of its native token supply available to Chainlink service providers, including stakers:

Whitehole Finance expands the utility of both NFTs and crypto tokens on a single platform.

With an intuitive UI/UX, users can lend assets to receive rewards or borrow assets for use across the Web3 ecosystem.

As part of BUILD, Whitehole Finance is using Chainlink Price Feeds to help secure its platform and plans to integrate Chainlink Automation to help trigger key functions.

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DeSpread, a Web3 consulting firm, has entered into a partnership with Chainlink Labs. Discover how DeSpread helps support the growth of Chainlink services and BUILD projects across South Korea.

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SmartCon 2023 provides deep insight into the entire Web3 stack.

Whether you're a builder, a founder, a developer, or a crypto enthusiast, the flagship Barcelona conference is your chance to get ahead.

Preferred tickets are now available. Register today!

Integrations

Steadefi has integrated Chainlink Price Feeds on Arbitrum and Avax to help secure its lending and strategy vaults with high-quality price data. Explore how Price Feeds help support liquidity management strategies.

Chainlink Price Feeds underpin the Web3 economy with hyper-reliable, accurate, and decentralized market data.

VRF Integrations

EarnAlliance has integrated Chainlink VRF to help power a fair Genesis NFT mint for Last Remains, a zombie-themed game where stealth meets battle royale. Discover how VRF helps provide unparalleled transparency for players.

PoR Integrations

Swell has integrated Chainlink Proof of Reserve (PoR) on Ethereum to help monitor staked ETH reserves for swETH, the project's liquid staking token. Discover how PoR helps provide increased transparency for DeFi users.

Automation Integrations

BDG Labs has integrated Chainlink Automation into Aave to help automatically move Aave Governance V2 and Aave Cross-Chain-Governance through the proposal stages. Discover why Automation is needed for seamless, decentralized governance processes.

What's New for Developers 🛠

Fantom Foundation has launched Fantom Academy, an educational series for smart contract developers. Check out the first tutorial on how to build a gumball machine smart contract that uses Chainlink VRF's verifiable randomness to dispense ERC-721 gumball NFTs.

Featured Videos & Educational Pieces 🎥

The prominent web3 infrastructure provider Coinbase Cloud announced that it would join the growing list of global enterprises, including Deutsche Telekom, Swisscom, the Associated Press, and AccuWeather, that are boosting the security and scale of the Chainlink Network as Chainlink node operators.

Chainlink Functions allows Web3 devs to safely connect to any Web2 API, including social media signals, AI computation, messaging services, and more.

Ordinal NFTs have ignited fresh interest in Bitcoin as the community explores the network's potential for storing immutable data. One experiment aims to create fungible tokens natively on Bitcoin via a standard called BRC-20. Read more about BRC-20 tokens here.

The possibility of truly decentralized games has captured the imagination of a niche but growing community. Learn what on-chain gaming is, its unique benefits and challenges, and examples of on-chain games.

"Trust-minimization" is a term that encapsulates the core technological capabilities and community ethos that distinguish Web3 from the centralized systems that have historically underpinned society. Explore what trust-minimization really means in Web3 and how trust-minimized applications are becoming the new standard.

DeFi exploits resulting from market manipulation and oracle attacks are often conflated. Market manipulation = changing the price of an asset. Oracle attack = reporting invalid data. Understand the differences and how to bolster the security of your dApp.

In this third post in the DECO Series, the Chainlink Labs Research team discusses how to efficiently and reliably parse the TLS response and form claims about it while preserving the privacy of sensitive data within the response.

Tokenization can reduce a bank's error queues by 80%, cut repo costs by 10%, and facilitate T+0 settlement, not to mention actively unlocking liquidity sitting on a bank's balance sheet. In the past few years, financial institutions have transitioned from simply acting as digital asset custodians for clients to using Web3 infrastructure to underpin financial transactions. This trend is only set to accelerate, given the performance benefits and cost savings.

You can now access all positional markets on crypto asset prices with Chainlink Price Feeds in just a few easy steps. Let's drive in!

With frequent cloud provider outages, the risks associated with using centralized and distributed automation solutions are becoming more significant.

Ecosystem & Community Celebrations 👏

Upcoming Events 📅

Are you interested in hosting your own meetup? Apply to become a Chainlink Community Advocate today: https://events.chain.link/advocate

Chainlink's Community Grant Program empowers our ecosystem to create valuable resources that help accelerate the adoption of Chainlink-powered smart contracts. Apply for a grant today.

Are there other community content and celebrations that we missed? Please post them in the comments below! ⤵️


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