StarkWare, the founder of Tier 2 blockchain expansion, has indicated that it will work with Chainlink Labs, a blockchain data service provider, to help accelerate APP development and overall improvement of the StarkNet ecosystem. StarkWare is one of the company's more highly valued scalable physical lines, with a market capitalization of $8 billion in a funding round last year.
StarkWare, the company's headquarters in Israel, will add a Chainlink-scale network accelerator program, under which StarkNet dynamic passwords will cover some operating costs of Chainlink Oracle nodes. Oracle essentially sends data from the real world to the blockchain to open a smart contract. This allocation will allow StarkNet developers to browse Chainlink services and data feeds at a lower cost.
Eli Ben-Sasson, co-founder and CEO of StarkWare, said in a press release: "We are pleased to add the Chainlink Scale program to give their developer ecosystem the opportunity to browse the industry standards of Oracle services, so that the next generation of scalable Web3 applications around the world can be built on StarkNet."
According to the company, the Chainlink data feed now detects live video streaming on StarkNet and brings it to the main web in the near future.
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Tue, 18 Apr 2023