The Currency Analytics
By James Thorp
The DeFi boom seems to be slowly cooling off and the crypto community is not surprised. In fact, just a few days back, Chainlink founder Sergey Nazarov himself had said that…
Named “JustLink”, Sun’s Chainlink replica is a decentralized oracle system based on the TRON network. Decentralized oracles are the lifeblood of DeFi applications.
Now, the crypto space is ruled by the concept of hype. As long as a concept would be trending, it would be calling for new developments.
Similarly, when the DeFi boom was at its peak last summer, the digital asset world saw new developments coming up every now and then.
However, on a second thought, there is nothing much surprising about Sun’s unwavering interest in the DeFi ecosystem or the recent launch of JustLink for that matter.
The introduction of Bridge Oracle on the TRON network is another factor that has further leveraged TRON’s participation in the DeFi ecosystem in recent times.
As it’s a decentralized oracle, the Bridge oracle is able to access real-world data from multiple sources. These include URL, Complex URL, WolframAlpha and many more.
Then, Bridge oracle supports three types of API contracts - public API, decentralized API and Enterprise API.