Stratis’ cross-chain solution “InterFlux” is the first product to implement Stratis oracle »CryptoNinjas

Stratis Blockchain platform and development ecosystem It has been announced that its interoperability solution Stratis InterFlux has become the first product to include Stratis Oracles functionality under the Stratis blockchain technology framework.

Specifically, Stratis’ Oracle function has been used to query the real-time pricing of the current Ethereum gas price, which fluctuates greatly, in addition to the current U.S. dollar value of the STRAX token. These important indicators enable dynamic fees to be applied to all trustless conversion requests, thereby applying fair and consistent fees based on actual market data.

Stratis’ approach to interoperability is not new, Stratis is one of the first companies to trust cross-chain support through its full integration. Smart contract side chain.

InterFlux v2

Unlike other cross-blockchain solutions that rely on centralized services to process cross-chain transaction requests, Stratis’s implementation is completely decentralized and trustless, and transactions are conducted in an autonomous and unbiased manner.

In recent months, more than $10 million has been traded through Stratis’ existing solutions. Stratis InterFlux is built on this mature function within the framework of Stratis blockchain technology.

“Although this version mainly focuses on the release of InterFlux v2, the use of Stratis’s Oracle excites people inside Stratis, because it has become a vivid reality to use Stratis’s Oracle to achieve the applicability of other use cases. Query external services (such as Peng) The capabilities of data points provided by world-renowned data providers, such as Bo, have opened up many use cases. Stratis will compile and present use case studies in the future, focusing on the benefits of using Stratis Oracles.”
– Stratis team

The updated wallet version is accompanied by the InterFlux v2 version; the complete production version STRAX wallet It is now available so that anyone can easily perform wSTRAX conversion. wSTRAX tokens can also be exchanged back into STRAX tokens effortlessly in the following ways InterFlux web application.

Source link

You May Also Like

Leave a Reply

Your email address will not be published.