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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

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    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Twerk From Home Aims to Become the UFC of Exotic Dancing—With a Crypto Boost

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    Crypto.com Launches Champions Collection With UEFA Experiences and Final Tickets Up for Grabs

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    Christie’s Closes Digital Art Department as NFT Market Stays Frozen

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    NFT Social Engagement Soars as LINK, PENGU, and APE Dominate Rankings

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    Tokenized Pokémon Cards Are Hot. Lending Them for Crypto Is a Different Story

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    Ordinals Scrapyard turns Bitcoin NFT wreckage into tax write-offs

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    BeatFarm Brings Music to Bitcoin With First-Ever Native NFT Protocol

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    What Is Slashing in Crypto? How It Works and Why It Matters

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    What Is a Staking Pool in Crypto? How They Work and Why They Matter

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    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

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    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

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    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

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    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

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    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

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    Carrieverse and Disney Ink Content Deal

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    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

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    Somnia Launches Playground App to Empower Metaverse Creators

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    Twerk From Home Aims to Become the UFC of Exotic Dancing—With a Crypto Boost

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    Crypto.com Launches Champions Collection With UEFA Experiences and Final Tickets Up for Grabs

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    Christie’s Closes Digital Art Department as NFT Market Stays Frozen

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    NFT Social Engagement Soars as LINK, PENGU, and APE Dominate Rankings

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    Tokenized Pokémon Cards Are Hot. Lending Them for Crypto Is a Different Story

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    Ordinals Scrapyard turns Bitcoin NFT wreckage into tax write-offs

    OpenSea Makes Big Moves in Final Sprint to $SEA

    OpenSea Makes Big Moves in Final Sprint to $SEA

    Christie’s winds down digital art department as its NFT marketplace faces doubt

    Christie’s winds down digital art department as its NFT marketplace faces doubt

    BeatFarm Brings Music to Bitcoin With First-Ever Native NFT Protocol

    BeatFarm Brings Music to Bitcoin With First-Ever Native NFT Protocol

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    Pudgy Party Review: A Waddle-Worthy Blend of Chaos and Collectibles

    Pudgy Party Review: A Waddle-Worthy Blend of Chaos and Collectibles

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    Undeads Games TVL Reached $30M+

    CyberKongz KONG Token Explained: Everything You Need to Know

    CyberKongz KONG Token Explained: Everything You Need to Know

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    Dalarnia Legends Hosts First Grand Masters Tournament With 250,000 $D on the Line

    Top 5 3D Illustration Agencies in 2025

    Top 5 3D Illustration Agencies in 2025

    Crypto’s Comeback: NFT ETFs Enter the Financial Spotlight

    Crypto’s Comeback: NFT ETFs Enter the Financial Spotlight

    GameFi.org Joins Somnia to Accelerate Blockchain Gaming Advancement

    GameFi.org Joins Somnia to Accelerate Blockchain Gaming Advancement

    The Final Phase Before $SEA: OpenSea’s Final Rewards Push and Cultural NFT Play

    The Final Phase Before $SEA: OpenSea’s Final Rewards Push and Cultural NFT Play

    Intelligent Agents Set to Reshape Blockchain Gaming Ecosystems, Gaming Director Says

    Intelligent Agents Set to Reshape Blockchain Gaming Ecosystems, Gaming Director Says

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

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    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

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    LFG Boosts Token Launches with Community Power

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    Polyhedra Network launches Proof Cloud in open beta

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    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

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    SoonVerse Partners with Arris to Enhance User Experience

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    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

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    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
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    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

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    ETH Daddy Discusses Ethereum and AI

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    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

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    UAE emirate launches new free zone for digital assets, Web3 and AI

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    What Is Slashing in Crypto? How It Works and Why It Matters

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    What Is a Staking Pool in Crypto? How They Work and Why They Matter

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    What Is Restaking in Crypto? How It Works and What to Watch Out For

    What Is Crypto Arbitrage and How to Use It in Trading?

    What Are DeFi Flash Loans? A Beginner’s Guide to DeFi Lending

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    What Is Crypto Lending? A Guide to Earning Interest with Crypto

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    What Is Impermanent Loss? How It Works, and How to Avoid It

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    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

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    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

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    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

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    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

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    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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Home Blockchain

API3’s Bold Bet on Enhanced Oracle Performance

June 29, 2024
in Blockchain
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API3’s Bold Bet on Enhanced Oracle Performance
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API3, a pioneer in decentralized APIs for blockchain platforms, has announced a strategic shift in its deployment approach for the upcoming OEV Network.

READ ALSO

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MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

The API3 team initially partnered with Polygon but pivoted after the timeline was too tight for their launch. This comes as API3 looks to remain nimble in its development and offer a product that is perfectly synced with the wants of markets and developments in technological fields.

The move to Arbitrum Orbit is the beginning of a new era for API3. This is known as Arbitrum Orbit, which has established itself in delivering an easy-to-launch Layer 2 and Layer 3 network with powerful scalability and efficacy.

As the launch of OEV Network draws nearer, we want to provide you with an important update on the infrastructure decisions made by the API3 Core Technical team.

Initially, we chose to partner with Polygon for the launch of the OEV Network, believing that the Polygon zk-rollup… pic.twitter.com/b1o1ndUuiJ

— API3 (@API3DAO) June 27, 2024

Such a move is expected to help speed up the deployment of the OEV Network, an offering that has been crafted for and ensures broad support in DeFi. API3 is now undertaking closed beta focus group efforts which pave the way for a rapid expansion towards full launch.

Leveraging Arbitrum for Enhanced Oracle Services

The strategic shift to Arbitrum Orbit not only underscores API3’s adaptability but also highlights their continuous endeavor to harness cutting-edge technology to serve the DeFi community better. Arbitrum Orbit provides distinct advantages in terms of transaction speed, operational costs, and scalability—factors that are crucial for the effective functioning of decentralized oracle services.

See also  DFINITY blockchain announces new service to help streamline Dapps development

Through the integration, API3 hopes to redefine what is possible in oracle services with a focus on how these interact with protocol-maximized extractable value (MEV) solutions.

An OEV Network from API3 could offer a much-wanted paradigm shift where decentralized oracle networks are concerned. By providing oracle services as a part of the MEV recapture protocol solutions, API3 is paving the way for creating a safer and more efficient blockchain ecosystem.

The anticipation surrounding the OEV Network is high, as it is expected to offer unprecedented capabilities to DeFi protocols, enhancing their operational efficiency and security.

Tags: API3sBetBoldenhancedOraclePerformance

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    Thanks for putting this up. It’s well done. http://zgyhsj.com/space-uid-979407.html

    Reply

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