crypto.news 2025-01-29 19:13:28

Chainlink’s Data Streams go live on Scroll mainnet

Chainlink’s standard for verifiable data has officially launched on Scroll, a zero-knowledge-proof-powered scaling solution on Ethereum. The decentralized oracle platform announced the integratio on Jan. 29, noting Data Streams were now live on Scroll ( SCR ) mainnet. Chainlink ( LINK ) now provides developers on the zkEVM platform access to its low-latency market data. With Chainlink Data Streams live, developers on Scroll can leverage a solution that combines low latency and automated execution to build next-generation decentralized finance applications. These DeFi apps will benefit from features such as faster transaction settlement, lower fees, and advanced blockchain functionality. “Chainlink Data Streams enable Scroll developers to build high-performance dApps underpinned by Chainlink’s decentralized, credibly neutral infrastructure. This provides developers with the tools to unlock new possibilities in DeFi innovation, as we continue to build the Open Economy,” Raza Zaidi, head of growth at Scroll, said in a statement. You might also like: Symbiotic mainnet goes live on Ethereum Scroll joined the Chainlink Scale program in August 2023, partnering with Chainlink to accelerate ecosystem growth. The collaboration enabled the rollup solution’s ecosystem of developers to access expert technical support and other services on the leading oracle network. Leveraging Chainlink’s DeFi oracle infrastructure offers more than just faster transaction settlement and unmatched security. It allows developers to create DeFi apps with a better user experience, comparable to what users expect from traditional finance platforms and centralized exchanges. Scroll launched its mainnet in October 2023, following two years of development. The project has since partnered with Ether.fi, Alchemy Pay, and Nansen, among other industry players, as part of its strategy to drive growth. Read more: Ether.fi partners Scroll to unveil new Visa ‘Cash’ card