PolkaCover will Integrate with Chainlink

  • High-Quality Data — Chainlink Price Feeds source data from numerous premium data aggregators like BraveNewCoin and Amberdata, leading to price data that are aggregated from hundreds of exchanges, weighted by volume, and cleaned of outliers and washtrading. This makes it both highly accurate and resistant to data manipulation.
  • Secure Node Operators — Chainlink Price Feeds are secured by independent, security reviewed, and Sybil-resistance oracle nodes run by leading blockchain DevOps teams, data providers, and traditional enterprises. Chainlink nodes have a strong track record of hyper-reliability, even during record levels of network congestion and infrastructure outages (e.g., Infura).
  • Decentralized Network — Chainlink Price Feeds are decentralized at the data source and oracle network levels, providing strong protection against downtime and malicious behavior when sourcing and delivering external data on-chain.
  • Economy of Scale — Chainlink Price Feeds benefit from an economy of scale effect, where multiple projects collectively use and fund oracle networks to fetch commonly required datasets (e.g., BTC/USD). By sharing the costs, we get access to premium data quality and robust oracle security for a fraction of the total cost.

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