Altcoins News
By James Thorp
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Band Protocol (BAND) Improving Smart Contract Functionalities
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2020 has been the biggest year for Band Protocol. They have launched BandChain, a decentralized oracle network designed for performance and scalability which has passed…
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Their goal now is to make Band Protocol the decentralized oracle for scalable blockchain applications, by providing for end-to-end flexibility and customizability for both…
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By the end of 2021, developers will be able to integrate Band Protocol oracles in a fully documented, self-serviced manner.
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Available on Ethereum, the top EVM-compatible chains, Polkadot, Cosmos and layer-2 ecosystems - the data offered by $BAND will span across all smart contract application…
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The integrity of the global $BAND community and their support to taking this project to where it is now makes is possible for band to looking towards a BIGGER 2021 with more…
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The January updates for Band Protocol includes, 1,000,000 Oracle Requests on BandChain, improvements to BandChain, CosmoScan Stargate and Cosmos Network’s IBC Development, Four…
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For clarity, Band Protocol bring the cross-chain data oracle platform aggregates and connects real-world data and APIs to smart contracts.
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Oracles are very important for blockchains, because they facilitate immutable storage and deterministic and verifiable computations.
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Oracles on blockchain are important to feed trusted price data to the DeFi using Band Oracles. Price feeds are very important for token swap and loan collateralization process.
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Band Protocol's flexible oracle design makes it possible for developers to use any data from real-world events, sports, weather, random numbers and more.
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Band oracles are compatible with almost all the smart contract and blockchain development frameworks.
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